Fundraising Fox

Irys

6 known investors

Irys is a blockchain platform designed to store large volumes of data on-chain, enabling smart contracts to access it directly while providing proof of data persistence over time.

Also known as Irys (irys.xyz)

Founders & leadership

JBJosh Benaron
Josh BenaroninFounder

Investors · 6

Company profile

researched Aug 2026

Irys operates a blockchain positioned as a data layer that combines storage, execution and verification in a single chain. The network is designed to hold large volumes of data onchain, allow smart contracts to read and use that data directly, and provide ongoing proof that stored data remains available over time.

The project targets developers building applications and systems that depend on persistent data, offering documentation and build resources on its website. A public testnet is available, with a faucet that issues free test tokens to wallet addresses after captcha verification and supports adding the Irys network to a wallet.

Traction

Irys runs a public testnet with a token faucet for developers, and states on its site that it is backed by investors.

Full profile — technology, go-to-market

Technology

Irys is structured as a single chain that unifies data storage, execution and verification, so that large data payloads are held onchain rather than off-chain and can be accessed directly by smart contracts, with mechanisms to prove continued data persistence over time.

Go-to-market

Irys markets directly to developers through its website, offering documentation, build guides, a community channel, and a testnet faucet distributing free testnet tokens for experimentation before mainnet use.

Developers and teams building onchain systems and applications that rely on large or persistent datasets.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Irys do?
Irys is a blockchain data layer that stores large volumes of data onchain and makes it usable by smart contracts.
Who founded Irys?
Irys was founded by Josh Benaron.
Who are Irys's investors?
Irys's investors include Breed, Hypersphere Ventures, Lemniscap, CoinFund, Framework Ventures, Race Capital.