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Who Owns Irys?

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Use this page to find the Irys owner and explore the full ownership hierarchy. See the owner of Irys, the parent company, holding structures, and ultimate controllers.

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Irys

Best for enterprises
Est. 2021   •  11-50 employees   •  Private

Irys is a programmable Layer‑1 datachain that combines low‑cost onchain storage with a native execution layer to make data programmable for AI and decentralized applications.

Irys appears to be independent with no parent company.

Major Shareholders

Irys

Major Shareholders

NameTypeOwnershipAs of
Josh Benaron Founder and CEO of Irys (formerly Bundlr Network); public profiles and funding announcements consistently identify him as the company’s founding executive, but his exact equity stake is not disclosed. ([oxgensummit.org](https://www.oxgensummit.org/joshbenaron))
Founder-Aug 2025
CoinFund Lead investor in Irys’s $10M Series A round announced on August 22, 2025, making it one of the company’s largest known institutional shareholders; specific ownership percentage is not public. ([financialcontent.com](https://www.financialcontent.com/article/zexprwire-2025-8-22-irys-raises-10m-series-a-to-unlock-3-trillion-data-economy-with-first-programmable-datachain))
Institutional-Aug 2025
Lemniscap Led Irys’s 2024 strategic funding round that brought total funding to $8.9M, and is repeatedly cited as a primary early backer of the company; exact equity stake is undisclosed. ([theblock.co](https://www.theblock.co/post/299587/irys-raises-8-9-million-in-lemniscap-led-funding-round))
Institutional-Jun 2024
Framework Ventures Co-led Bundlr Network’s (now Irys) $5.2M seed round in 2022 and later invested again in the 2024 Lemniscap-led round, marking it as a significant early venture investor; no public cap table is available. ([enterprisestorageforum.com](https://www.enterprisestorageforum.com/software/bundlr-network-raises-5-2m-round-decentralized-storage/))
Institutional-Jun 2024
Hypersphere Ventures Co-led the 2022 $5.2M seed for Bundlr Network and is listed among investors in Irys’s 2024 and 2025 funding rounds, indicating a recurring minority stake; detailed ownership levels are not disclosed. ([enterprisestorageforum.com](https://www.enterprisestorageforum.com/software/bundlr-network-raises-5-2m-round-decentralized-storage/))
Institutional-Aug 2025
Permanent Ventures Named as a co-lead investor in the 2022 $5.2M seed round for Bundlr Network and as a participant in the 2024 Lemniscap-led $8.9M round, making it one of Irys’s core early VC backers; exact percentage is unknown. ([enterprisestorageforum.com](https://www.enterprisestorageforum.com/software/bundlr-network-raises-5-2m-round-decentralized-storage/))
Institutional-Jun 2024
Arweave (Arweave.org) The Arweave project (via Arweave.org) is cited as a co-lead in Bundlr Network’s $5.2M seed round in 2022, implying a direct early equity position in the company that later became Irys; no public data specifies its ownership share. ([enterprisestorageforum.com](https://www.enterprisestorageforum.com/software/bundlr-network-raises-5-2m-round-decentralized-storage/))
Institutional-May 2022

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