Diligence memo · auto-generated · as of July 2, 2026
Iris Plans, Inc.
Iris Plans, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Iris Plans, Inc. operates in Other Health Care, based in AUSTIN.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Iris Plans, Inc. has raised $9.1M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $5.2M on 2017-09-15.
Most recent recorded round closed around 2019-09-30.
Valuation (modeled)modeled
Provath models Iris Plans, Inc. at approximately $76M (range $4.8M–$411M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: 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.
Financing rhythm & timingmixed
Historic cadence: a new round about every 12 months.
Last raise 6.8 yr ago; this sector typically re-raises about every 14 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 18.8× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 74% of Other Health Care peers (5377 compared).
Modeled value ranks above 74% of those peers.
Closest niche peers: InvestCo Tabletop, LLC, Mediphore, Inc., iVinci Partners, LLC, Oklahoma Proton Center LLC, MicroOptx, Inc..
Peoplefiled
7 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.