Investors
We are infrastructure.
Legal teams do not use Irys once and leave. They spend 3-5 hours a day inside the platform — researching, drafting, managing matters. This is not a tool. It is the environment where legal work happens.
Rent cognition. Own the legal system.
200+
Legal teams
3-5 hrs
Avg. daily usage
$15.71
AI cost per power user/mo
Mar 2025
Launch date
The Landscape
Three layers. Only one is defensible.
The Labs
OpenAI, Anthropic, Google. Shipping Word add-ins, research tools, document editors. Every single-model feature is one release from free.
Commoditizing everything above them.
The Incumbents
$1,000+/seat. Rented intelligence. Data on third-party servers. When the labs improve, the wrapper's differentiator shrinks overnight.
Squeezed from above and below.
Irys
Model-agnostic workflow layer. When models improve, we improve. Matter continuity, knowledge graphs, citation verification. The compound layer.
The moat is the workflow, not the model.
~80%
Processed in-house
$15.71/mo
Power user AI cost
0
Data retained
Model-agnostic
No vendor lock-in
The Play
Five moves. Compounding switching costs.
After all five, we are the operating system the firm runs on.
Matter as the center.
Not chat. Matters. Documents, conversations, drafts, research, tasks — one place.
Lock: the firm’s work lives in the matter.
Bring the firm in.
Word, SharePoint, Drive, email. Every integration writes back to the matter.
Lock: the firm’s context lives in the system.
Collaboration inside the matter.
Chat, threads, comments, tagging. What $11B in competitors missed.
Lock: discussions and decisions live in the matter.
AI that knows the case and the firm.
Claude is brilliant and amnesiac. Irys remembers everything. Drafts how the firm practices.
Lock: intelligence compounds. Leaving means losing it all.
Open the window for the client.
Free client portal. 80% of Americans with legal needs never engage a lawyer. Every client becomes distribution.
Lock: clients are in the system. Leaving disrupts relationships.
Thesis: Rent cognition from the labs. Own the legal system. Every month a firm uses Irys, their matters, context, and client relationships compound. That is the moat.
Technology
Proprietary technology. Not a wrapper.
Three-tier reasoning
Worker, Coordinator, Synthesizer. 67x lower cost than standard RAG with accuracy for real legal analysis.
Knowledge graph engine
Documents mapped into entity-concept-authority graphs. Context-rich retrieval that improves with every document.
Citation verification
Every citation verified against 50M+ real cases. Catches hallucinated, overruled, and misrepresented references.
Agentic retrieval
Multi-source research that reasons about knowledge gaps. Searches docs, case law, statutes, and web — synthesizes with inline citations.
Backed by
Venture capital and practicing lawyers.
Institutional VC, attorneys who use the product daily, and domain experts in legal operations and enterprise procurement. Not passive capital — operational credibility.
The long view
Building to last.
Every non-engineering hire is a lawyer. Product decisions come from people who have sat across from opposing counsel. We land with one practice group, expand to the firm. Our best customers started with 3 seats and deploy across 50+.
From the founders
Active in the conversation.
Connect
Start a conversation.
For investor inquiries, partnership discussions, or to learn more about the company — reach out directly.
