Companies · Other Health Care

Iris Plans, Inc.

AUSTIN · Other Health Care

Diligence memoA one-page analyst read on Iris Plans, Inc. — recommendation, valuation, rhythm, risks.
$9.1M
Total raised · real
3
Rounds
18.8×
Latest step-up
Top 27%
Sector rank · raised
Series A
Latest stage · inferred · Mon Sep 30 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Iris Plans, Inc. looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the health care sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.75× the median modeled value of Series A Other Health Care companies in 2019–2021 (164 peers) — value vs value, same stage and era.
  • Within the normal band (75% of peer median) for its niche.
Dormant
  • Last raise 6.8 yr ago; this sector typically re-raises about every 14 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Health Care

Iris Plans, Inc. is one of 5376 Other Health Care companies tracked from AUSTIN. By capital raised it ranks in the upper tier (ahead of 74% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
7
Investors (latest)
2015
Year incorporated
2019-09-30
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$50M$100M$150M$200MSeries A · 2017-09-15 Raised $5.2M (real) Modeled valuation $104M (est)$5.2M$104MSeries A2017Series A · 2019-09-11 Raised $200K (real) Modeled valuation $4.0M (est)$200K$4.0MSeries A2019Series A · 2019-09-30 Raised $3.8M (real) Modeled valuation $76M (est)$3.8M$76MSeries A2019+$200K+$3.8MCumulative $9.1M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series A$5.2M · 2017
Series A extension$200K · 2019
Series A extension$3.8M · 2019

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$75.7M
Base estimate est.
$4.8M
Conservative case
$411.5M
Upside case
$17.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the health care sector profile. Directional, not a quoted figure.

Series A · modeled $104.2M · 2017-09-152017Series A · modeled $4.0M · 2019-09-11Series A · modeled $75.7M · 2019-09-302019
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
52%
Survival probability
28% low · 71% high
1.43×/yr
Annual markup
1.80×/yr upside case
6.0 yr
Elapsed time used
6.8 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
12 mo
Avg between rounds
$4.5M/yr
Capital velocity
8.8 yr
On record since
2017
First round
3
Rounds on file
How it compares to the market

Benchmarked against 5376 companies in Other Health Care. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 3.8× above median
This company$9.1M
Sector median$2.4M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.7× of median
This company$3.8M
Sector median$5.6M
Modeled value — vs sector median (estimate, all stages) 3.4× above median
This company$75.7M
Sector median$22.1M

Raised more than 74% of sector peers (real $). Modeled value above 74% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #118 of 164.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)iVinci Partners, LLC · Series A Raised $34.8M · modeled $302.7M (est)InvestCo Tabletop, LLC · Series A Raised $15.0M · modeled $302.7M (est)Mediphore, Inc. · Series A Raised $15.0M · modeled $302.7M (est)Oklahoma Proton Center LLC · Series A Raised $14.0M · modeled $282.5M (est)MicroOptx, Inc. · Series A Raised $17.8M · modeled $278.6M (est)ProxsysRx, Inc. · Series A Raised $14.6M · modeled $259.8M (est)Biolux Research Holdings, Inc. · Series A Raised $12.7M · modeled $256.3M (est)Fountain Life Holdings, LLC · Series A Raised $17.1M · modeled $238.4M (est)Equality Management Holdings, LLC · Series A Raised $14.4M · modeled $232.1M (est)Olympus Ascent Investors, LLC · Series A Raised $11.5M · modeled $232.0M (est)EDS Holdco LLC · Series A Raised $12.3M · modeled $221.3M (est)Zipari, Inc. · Series A Raised $29.6M · modeled $208.3M (est)Iris Plans, Inc. (this company) Raised $9.1M · modeled $75.7M (est)Iris Plans, Inc.
CompanyStageRaised · realValue · estvs peer med.
iVinci Partners, LLCSeries A$34.8M$302.7M3.00×
InvestCo Tabletop, LLCSeries A$15.0M$302.7M3.00×
Mediphore, Inc.Series A$15.0M$302.7M3.00×
Oklahoma Proton Center LLCSeries A$14.0M$282.5M2.80×
MicroOptx, Inc.Series A$17.8M$278.6M2.76×
ProxsysRx, Inc.Series A$14.6M$259.8M2.57×
Biolux Research Holdings, Inc.Series A$12.7M$256.3M2.54×
Fountain Life Holdings, LLCSeries A$17.1M$238.4M2.36×
Equality Management Holdings, LLCSeries A$14.4M$232.1M2.30×
Olympus Ascent Investors, LLCSeries A$11.5M$232.0M2.30×
EDS Holdco LLCSeries A$12.3M$221.3M2.19×
Zipari, Inc.Series A$29.6M$208.3M2.06×
Iris Plans, Inc. this companySeries A$9.1M$75.7M0.75×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series A$5.2M2017-09-15$23.5M$104.2M90%
Series A$200K2019-09-11$909K$4.0M90%
Series A$3.8M2019-09-30$17.0M$75.7M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series A$5.2M2017-09-15
    • First recorded raise — entered as Series A.
    • 20 investors on this round.
  2. Series A$200K2019-09-11
    • Raised again after 24 mo — slower than the ~14 mo sector norm.
    • Round 25.8× smaller than the prior — bridge or down round.
    • 3 investors on this round.
  3. Series A$3.8M2019-09-30
    • Came back fast: 1 mo vs the ~14 mo sector norm.
    • Round 18.8× larger than the prior — scaling up.
    • 7 investors on this round.
Intelligence
2020 ~Q4
Modeled next raise · ~12mo cadence
$11.3M
Modeled next size est.range $7.3M$18.0M
18.8×
Last step-up
$4.5M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Krishna Srinivasan17 other2017-09
Todd Pietri12 other2017-09
Andrew Chen8 other2017-09
John Crumpler6 other2019-09
Daniel Maynard2019-09
Stephen Bekanich2017-09
Steve Wardle2017-09
Registry & provenance

Iris Plans, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1718256
SEC CIK
2015
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
RxWiki Inc.Other TechnologySeries A$5.7M$159.4Mnetwork2 shared operators · same stage
Emvenio Research, Inc.Other Health CareSeries A$9.2M$87.4Msame sector · same stage
Viatar CTC Solutions Inc.Other Health CareSeries A$9.0M$84.7Msame sector · same stage
Maya MD Inc.Other Health CareSeries A$9.0M$84.6Msame sector · same stage
iHeart, LLCOther Health CareSeries A$9.3M$87.0Msame sector · same stage
Assisted 4 Living, Inc.Other Health CareSeries A$8.8M$62.2Msame sector · same stage
Acentist Hospital Management II, LLCOther Health CareSeries A$8.7M$71.6Msame sector · same stage
Compliant Innovations, IncOther Health CareSeries A$9.6M$88.1Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Iris Senior MD Investors LLCOther Health CareSeed$7.4M90%
Intellihealth, Inc.Other Health CareSeries B$22.6M86%
Acesis, IncOther Health CareSeed$16.5M84%
Intellivisit Inc.Other Health CareSeed$17.1M84%
PrismHealthDX, Inc.Other Health CareSeries A$113.0M84%
AptiHealth, Inc.Other Health CareSeries A$81.4M84%
Planrise, Inc.Other Health CarePre-Seed$2.3M84%
IllumiCare, Inc.Other Health CareSeed$92.2M84%
Frequently asked
How much funding has Iris Plans, Inc. raised?
Iris Plans, Inc. has raised approximately $9.1M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Iris Plans, Inc.'s estimated valuation?
Provath's modeled valuation for Iris Plans, Inc. is approximately $75.7M (modeled range $4.8M–$411.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Iris Plans, Inc. at?
Iris Plans, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Mon Sep 30.
What does Iris Plans, Inc. do and where is it based?
Iris Plans, Inc. operates in the Other Health Care sector, based in AUSTIN.
Explore related

See where Iris Plans, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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