Iris Finance
@IrisFinanceCo
Followers
454
Following
182
Media
1
Statuses
109
Iris is the Future of Strategic Finance for CPG brands
Joined April 2024
Don't wanna be here?
Send us removal request.
Explore trending content on Musk Viewer
No results
We are coming for you Gavin Belson!!! Our Weisman score is going to break records!!!
I'm ecstatic to share that
@IrisFinanceCo
made the elite
#StartupBattlefield
cut by
@TechCrunch
!
1000s of startups applied and we’re one of only 200 chosen to exhibit at
#TechCrunchDisrupt2024
I couldn't be more proud of this team🚀🚀. See you in SF!
8
4
29
0
1
8
Loved working on this together!
What does a perfect P&L look like for your category?
Introducing: Profits in Focus 🔦
A collaborative report with
@irisfinanceco
that uncovers best-in-class P&Ls, enabling brands in each sector to build towards the most profitable business possible.
Comment “profit” for access
21
16
129
1
0
6
Here we come! Selling online AND retail is something we are proud to support! Just wait until you guys meet our friend Fin!
🚨HUGE PRODUCT ANNOUNCEMNT🚨
iris officially supports retail brands!
The VERY first of its kind, Iris can now give you real-time profit & loss statements for all your retail partners, along with sell-in velocity analytics, product mix analytics, and more
Check it out👇👇👇
16
6
94
0
0
6
Can’t believe we gave this out for free!!! Thank you
@wayflyerapp
and
@drewfallon12
for breaking this down!
Wayflyer, along with our friends
@IrisFinanceCo
, analyzed $2.5B of Q1 Gross Merchandise Value across 9 industries.
Dive into our detailed insights to boost your profitability! Get the best-in-class P&Ls, actionable insights & strategies to maximize your bottom line. Link in bio.
0
0
4
1
2
6
Our engineers aren’t big on Twitter but they CRUSHED this
🚨HUGE PRODUCT ANNOUNCEMENT🚨
It is my pleasure to introduce you to Fin - Iris' AI agent that is your new CFO in your pocket.
When I asked fin what he can help businesses with today, he said a few things👇👇
14
6
86
1
0
5
@Nrcoope
If any startup has ever thought about raising funds and isn’t looking at barrel/ Nate they are missing out! He’s been arguably our most valuable check so far!!
2
0
5
Rolling out major updates to our cashflow modeling product and financial model for q4! Forecasting and your 2025 plan can be almost fully automated and visualized without 80 hours in excel!
0
0
5
Gas
sneak peek at iris’ new benchmarking feature UI👀👀
Takeaway: don’t be in the Git Gud quadrant
1
1
18
0
0
5
It was us all along! Super grateful for Cody’s support
I can't tell you how refreshing it is to have a daily, real-time Contribution Margin number that is connected to Netsuite.
We used to estimate in sheets, but it's refreshing to have it connected to our financial source of truth.
20
2
86
1
0
4
This one is a banger. Our updated cashflow modeling tools are going to be insane
Maniere De Voir is an 8 figure apparel brand with public financials
I've analyzed lots of DTC businesses, but this one is a MASTERCLASS in cash flow.
Lets break it down👇
9
9
151
0
0
4
@codyplof
@obviceo
@AndrewR25833429
That we do! And benchmarks around metrics as well as ai guided scenario/ demand planning rolling out soon!
0
0
3
Out here!
Today
@IrisFinanceCo
is 1 year old 🎈
1yr ago, I left a high flying DTC brand to launch iris. Since then, we have:
- Launched in April
- Eclipsed $500k ARR <120 days later
- Raised $3.5m
- Built a product that can scale 100x
- Been featured in
@beautyindie_
&
@modernretail
10
2
92
0
0
3
Cody knows!
0
0
3
Finmeme Fallon!!$
I recently went on the one and only FP&A guy Paul Barnhurst's podcast to teach CPG/ecom modeling!
in this episode we talk:
👉 The
#1
mistake operators make forecasting
👉 How to make your COGS forecast
👉 How gross profit informs CAC
listen here:
4
2
23
0
0
3
0
0
3
Come rizz with us
Hosting a small dinner in LA thursday night
we have two spots left on the reservation so shoot me a DM if you want to come eat drink laugh & smile with me
@ecom_joseph
@fenbeys
&
@richiemashiko
and a couple others
4
3
19
1
1
3
Guess who’s back. Back again. Not their share price. Tell a friend.
Allbirds stock trades below $1 per share, or ~$100m market cap
Most people just say 'DTC is hard' when telling the story of allbirds - but there's a deeper lesson in this story, and one that I think every DTC operator should hear
let's break down where Allbirds went wrong 👇👇
93
69
1K
0
0
3
0
0
2
Preach
I am SICK and TIRED of you guys complaining about the Shopify Capital / Wayflyers of the world.
These lenders are modern miracles, and enable commerce in a profound way.
I am OFFICIALLY ending the debate on MCAs in this thread👇🏻
36
5
134
0
0
2
Thank you
@codyplof
for shouting us out in your newsletter today! Cody helped shape a lot of what we built for plan vs actual in our platform and has been an incredible advisor
0
0
2
Who is ready for the best cashflow modeling tool on the market?!
1
1
2
Thanks bruv, I already knew
0
0
2
They don’t want us to be a full forecasting tool!!
oh also, this is 1 of 4 major updates coming in the next 2 months
any ideas what’s next?
1
0
11
0
0
2
The sankey samurai showed me financials that make me want to cry.
The owner of Only Fans paid himself a massive dividend of $472M in 2023
The company is based in the UK so they disclose all their financials, which gives me a lot to do 🙂
Let's break down Only Fan's financial performance since 2019 👇👇
4
5
57
0
0
2
@codyplof
@graceclarke
Dammit this is good! He blessed the demo. He also helped us design PvA!
0
0
2
Winning
Thanks again to our friends
@modernretail
for featuring
@IrisFinanceCo
in their latest story!
W/ ~$3B of annual GMV in our database, Iris can comment on the state of the industry in a way no other company can re; growth & profitability
1
0
26
0
0
3
Ayyy
I just took a demo with
@IrisFinanceCo
This product is one of the coolest things I've seen in a while. IMO most DTC brands would benefit from using it.
@drewfallon12
@ADHeckmann
4
4
25
0
0
2
💸💸.
What you think progress looks like vs what it really looks like
love this feature for tracking KPIs from
@IrisFinanceCo
3
4
38
0
0
2
🤙🏼
📍Austin, TX
Major Industries: Entertainment, Healthcare, Tech
Tentpole Cos:
@Dell
,
@indeed
,
@WholeFoods
Ecosystem Builders:
@ATI_UT
,
@CapitalFactory
,
@liveoakvp
Startups Rising:
@IrisFinanceCo
,
@KnitOfficial_
,
@SigoSeguros
,
@zenbusiness
What We ❤️: Go big or go home mindset 🤠
1
1
4
0
0
2
Imagine if zyn had Iris!
Zynbabwe, Lamar Jackzyn, Zynamin Toast Crunch
You’ve likely heard one of these puns referencing the viral nicotine pouches.
What is no laughing matter though is the rise of Zyn's business
Phillip Morris reported a buzzy earnings yesterday, and Zyn is the star of the show👇👇
3
1
21
0
0
2
🫡🫡
What you think progress looks like vs what it really looks like
love this feature for tracking KPIs from
@IrisFinanceCo
3
4
38
0
0
2
We will fight to get to no 1 on this list. Never stop shipping!
What's the inverse of this? Which SAAS companies criminally undercharge and provide more value than they cost?
I'll start.
1. Motion - very cheap and almost necessary for DTC.
2. Lifetimely
3. Peel Insights
4. Iris Finance. As a customer, love the price. As an investor, they
37
7
91
1
0
2
0
0
2
Hims is him
Hims & Hers just reported Q2 earnings - and this company is on fire
Quick look (YoY):
Revenue: +52%
Free Cash Flow: + 377%
HIMS continues to be the perfect application of the DTC business model, expanding margins at a bonkers rate - let’s dive into the report👇👇
22
14
330
0
0
1
We love our fans!
1
0
1
@Cody_Wittick
@Chubbies
@PrestonRuther10
We solved this with realtime contribution margin tracking. Doesn’t have to be when the books are closed anymore!
0
0
1
Trueeee
So it turns out.. if you build a really high quality software product, and then charge less than what you COULD and not try to pig out on software fees, and also be hands on with supporting customers- brands race to have it
The bar really is so low for saas in this industry😂
7
0
59
0
0
1
0
0
1
Major 🔑
The anecdotal consensus for Meta Ads performance in Q1 was that the year started off extremely strong, and then basically fell off a cliff.
Our data corroborates this narrative as we saw overall median contribution margins across all categories dip throughout the quarter:
6
0
29
0
0
1
@fenbeys
We love you! Pretty boy skincare is the best!!! It gives you a Nantucket sunkissed hue even from your desk!
0
0
0