IRIS provides a searchable database of insolvency court documents, pleadings, and reports, enabling bankruptcy professionals to quickly find precedents and key deal terms. By offering comprehensive search filters and alerts, IRIS helps users identify successful strategies and stay updated on relevant cases, saving time and improving efficiency.
Funding
Funding not disclosed
Founders
Product
Problem
Insolvency professionals often struggle to efficiently locate relevant precedents, court documents, and key deal terms within the vast amount of available data. Sifting through multiple platforms and countless PDFs to find specific information is time-consuming and can lead to missed opportunities or incomplete research.
Solution
IRIS provides a comprehensive, AI-enabled search platform that consolidates insolvency court documents, pleadings, and reports into a single, searchable database. The platform allows users to quickly identify relevant precedents, extract key data points, and stay updated on ongoing cases. By offering advanced search filters, comparative data tables, and customizable alerts, IRIS streamlines the research process, enabling insolvency professionals to develop winning strategies and improve efficiency. The system's AI-powered search capabilities and comprehensive data coverage ensure that users have access to the most relevant information, saving time and enhancing their strategic advantage.
Target Audience
IRIS is designed for bankruptcy and insolvency professionals, including lawyers, licensed insolvency trustees, restructuring officers, lenders, and investors.
Features
- AI-enabled search functionality for quickly finding relevant precedents and key terms
- Access to over 179,000 documents from over 10,000 insolvency proceedings
- Comprehensive collection of CCAA documents back to 2009, with selected filings back to 1993, plus Receivership, BIA Proposal, and Bankruptcy filings
- Bespoke analytics modules for creating comparative tables highlighting financial features and deal terms such as DIP financing, break fees, and employee retention plans
- Advanced search filters for industry, proceeding type, and jurisdiction
- Alerts for ongoing cases, notifying users of new document filings
- Weekly updates to the database with the latest cases, filings, and data
- Free "IRIS Basic" version offering access to over 10,000 commercial insolvency cases