Tech Company Financing Transactions
Iris Nova Funding Round
Iris Nova, based in New York, secured $15 million in investment from Betaworks, Cassius Family and Coca Cola Founders.
Transaction Overview
Company Name
Announced On
12/24/2018
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Today Iris Nova announced a $15M round of seed funding to expand its portfolio of brands and further tech capabilities through its SMS-based distribution platform. Additionally, Iris Nova will allocate a portion of funding to Iris Nova Ventures to invest in early stage beverage brands and offer value-added access to its cCommerce distribution platform.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
Undisclosed
New York, NY 90022
USA
New York, NY 90022
USA
Phone
Undisclosed
Website
Email Address
Overview
Iris Nova is a parent company to innovative beverage brands that distribute via a direct-to-consumer conversational commerce (cCommerce) model, which interacts with customers exclusively via text message. Iris Nova's disruptive distribution strategy enables the company to meet the rapidly evolving tastes and preference of the modern consumer.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Zak Normandin
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