Growth-equity investor Iris Ventures announced the first closing of its second fund, IRIS Fund II, securing approximately €100 million toward a larger target of €200 million. This fund was completed in record time and it is backed by a select group of family offices, many of whom have deep expertise in the consumer space.
This fund comes four years from the launch of Fund I and it makes the next chapter in the mission to back the next generation of purpose-led consumer brands across beauty, wellness, lifestyle, and commerce.
Montse Suárez is the founder of IRIS Ventures and she has a MSc (First Class Honours) in Business Administration from ESADE Business School and a program at the University of Michigan. Before founding IRIS, she launched the venture fund of Walgreens Boots Alliance and co-founded Vaultier7 LLP. And she worked on the Consumer & Luxury team at Morgan Stanley.
Iris Ventures has previously invested in a diverse range of companies, including Superlativa, Healf, Saysh, Artemest, Braincube, and Vicio. These investments reflect the firm’s commitment to innovative and impactful consumer brands, reinforcing its position as a key player in the investment landscape.
Additional partners in the firm include Celia Bosch and Florian Wojewodzki. Bosch has over 10 years of experience investing in the consumer sector and previously worked as the CEMO of sustainable jewellery brand Monica Vinader. And Wojewodzki previously worked at Melitas Ventures (investing in CPG businesses) and earlier in leveraged finance at UBS AG.
