Jean-Luc Robert founded Kyriba in 2000 in San Diego. The company sold cloud software to corporate treasurers, the people who decide where a company's cash sits and which currencies it holds.
Its revenue was at first mostly French, and its research and development team still sits in Saint-Cloud, west of Paris. Iris Capital first invested in 2010 in the Series C and came back in 2017 through IrisNext.
In 2019 Bridgepoint took a majority stake in a deal with a planned $160 million growth round that valued Kyriba at about $1.2 billion. Robert invested alongside Daher Capital. Around 2023 Melissa Di Donato succeeded him as CEO.
In October 2024 Bridgepoint reinvested with General Atlantic as a minority investor. The deal put about $400 million of equity into a stake near 15% and valued Kyriba above $3 billion. Robert kept a board seat.