Back to Startups

Irys

About Irys

Layer-1 blockchain protocol that seamlessly integrates a low-cost storage layer with a native execution layer, enabling efficient onchain data programmability.

Business Information
Target Customers
developers enterprises government agencies
Industry Categories
Blockchain/Web3 Cloud & Infrastructure Software
Business Model
Revenue Model Token-based
Pricing Strategy Usage-based pricing
Sales Channels direct sales, partnerships
Funding Timeline
Round Date Amount Investors
Seed Jun 30, 2025 $7.0M Unknown
Pre-Seed Jun 07, 2025 $0.2M Unknown
Strategic Jun 01, 2024 $3.7M Lemniscap, Framework Ventures, Hypersphere +2 more
Seed May 01, 2022 $5.2M Big Money, https://t.co/YyT0d2GDQM
Founders
J
Josh Benaron

Founder & CEO

Investors
B
Big Money

Investor

F
Framework Ventures

Venture Capital

H
Hypersphere

Venture Capital

L
Lemniscap

Venture Capital

P
Permanent Ventures

Venture Capital

p
primitivecrypto

Venture Capital

Recent Mentions
kvngkenzo
K E N Z O @kvngkenzo
Jul 25, 2025

2/ Funding and Founder: ๐ŸผFounded in March 2021 by @JoshBenaron as Bundlr Network and rebranded to Irys in October 2023. The project has raised $8.9 million across two funding rounds: $5.2M Seed Round (May 2022): Co-led by @hiFramework , @ArweaveEco , @hypersphere_ , and https://t.co/EXASNYJSpM

Mrchawlz
Mr. Charles โ›บ๏ธ @Mrchawlz
Jun 03, 2025

@irys_xyz is a Layer-1 blockchain protocol that seamlessly integrates a low-cost storage layer with a native execution layer, enabling efficient onchain data programmability. Irys raised a total of $8.9 million across two funding rounds: ๐ŸŒ• Seed Round (May 2022): Raised $5.2 https://t.co/xztHSF11g1 https://t.co/bv9ZTfu8dw

Nikitont
Nikiton @Nikitont
Jun 04, 2025

Irys Fundraising ๐Ÿ’ธ Total Raised: $8.9M 1/ Strategic Round (June 2024): $3.7M โ€ข Lead: Lemniscap โ€ข Also: Framework Ventures, Hypersphere Ventures, Primitive Ventures, Permanent Ventures 2/ Seed Round (May 2022): $5.2M โ€ข Leads: Framework Ventures, Hypersphere Ventures, https://t.co/l0UbsyRdM0

josh_benaron
Josh Benaron (โœงแด—โœง) @josh_benaron
Jun 07, 2025

@0x_dynamo @SolNFTs I raised $200k pre seed for irys so didnโ€™t see a need for school

cryptofleemo
Fleemo @cryptofleemo
Jun 22, 2025

How Irys Enables Tamper-Resistant AI Model Outputs in Web3 Applications? > Irys (formerly Bundlr Network) is a decentralized โ€œupload-and-forgetโ€ data storage protocol built on top of Arweave. > Backed by Big Money > Seed Round (May 4, 2022) โ€“ Raised $5.2 million Led by https://t.co/APiDeFF6ZB

GrafDr2
graf @GrafDr2
Jun 30, 2025

Irys is a new GEM on the crypto market the project has raised $7M, tier 2-3 funds, but what's behind it? investments were collected in the seed round, this shows the faith of investors in the project What opportunities we have now? โ–ซ๏ธ galxe campaign โ–ซ๏ธ testnet games โ–ซ๏ธ kaito https://t.co/RGDD6pRMxA

FugitiveLeaderI
Roosevelt @FugitiveLeaderI
Jul 01, 2025

๐€๐œ๐ก๐ข๐ž๐ฏ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ ๐จ๐Ÿ ๐š ๐๐š๐ญ๐š๐œ๐ก๐š๐ข๐ง We all know about @irys_xyz but what are its achievements. Well, its achievements include: ๐…๐ฎ๐ง๐๐ข๐ง๐  ๐’๐ฎ๐œ๐œ๐ž๐ฌ๐ฌ: Irys raised $8.9 million in total funding, with $5.2 million in a seed round in May 2022 (led by https://t.co/YyT0d2GDQM