Eris Industries

Eris Industries is a blockchain technology company focused on providing secure, low-cost applications that facilitate automation for businesses, governments, and communities. They empower users to independently manage their business processes through their innovative platform. Founded in 2014 and headquartered in New York, US, Eris Industries specializes in blockchain solutions for various sectors. The company was co-founded by Daneal Bassiouni and has engaged in 2 notable deals, with the most recent being on February 1, 2016.

The current CEO is Casey Kuhlman, who, along with Marcus Khal, leads the firm in its operations and strategic initiatives. Eris Industries specializes in a robust platform that enables the development of secure, low-cost applications utilizing blockchain and smart contract technology. Their offerings allow users to easily install the Eris platform, deploy custom blockchains, and create applications with user-friendly smart contract templates. Targeting sectors such as marketplaces, government services, and on-demand commercial services, Eris enables a wide range of clients—including businesses and governments—to automate processes without third-party reliance, enhancing trust, transparency, and operational efficiency globally across North America, Europe, and parts of Asia.

Eris Industries generates revenue through a structured model that includes subscriptions and partnerships with businesses implementing blockchain solutions. Clients access the flagship smart contract application platform for tailored financial and legal applications. Revenue transactions involve direct agreements with organizations utilizing tiered pricing plans for support and features, reflecting Eris Industries’ commitment to fostering innovation in business processes using advanced technology solutions. In February 2016, Eris Industries raised an undisclosed amount of Seed funding from Anthemis Group and Partech Ventures to support its growth initiatives.

The company is developing new products aimed at enhancing functionality within its platform, with anticipated releases expected in the coming quarters. Furthermore, Eris plans to expand its reach into new markets, specifically targeting regions in Asia and Europe by 2025, aiming to leverage the recent funding to bolster its product development and marketing efforts.