Iryss was founded by Jeff McCormack, a former healthcare research analyst and financial advisor, and Garnet Heraman, a serial entrepreneur and fintech venture capitalist. Iryss' vision is to create a platform that offers EVERYONE equitable access to a future without financial fear. Unfortunately, 92% of chronically ill patients live in financial fear. There are two sources for this fear: (1) current medical bills; and (2) the unknown future costs of care. This financial anxiety affects over 130 million Americans and leads to productivity loss for employers and bad debt on self-pay bills at hospitals. Financial anxiety from a chronic illness drives over $65 billion in annual costs for employers and the health system. Iryss' solution is a personal finance platform that can help families affected by a chronic medical condition reduce financial stress, using predictive analytics to forecast the future cost of care and identify savings opportunities. Our sales pipeline is growing 67% month-over-month. We have an agreement with Wilmot Cancer Institute at the University of Rochester Medical Center and have executed a letter-of-intent with Benefit Resources, a regional benefits platform that distributes ancillary benefits to over 350,000 employees.
Location: United States, New York, Buffalo