diff --git a/mypyc/codegen/emitmodule.py b/mypyc/codegen/emitmodule.py
index f914bfd6345d..83703dec408b 100644
--- a/mypyc/codegen/emitmodule.py
+++ b/mypyc/codegen/emitmodule.py
@@ -9,7 +9,7 @@
 import os
 import sys
 from collections.abc import Iterable
-from typing import Optional, TypeVar
+from typing import List, Optional, TypeVar
 
 from mypy.build import (
     BuildResult,
@@ -911,15 +911,23 @@ def emit_module_methods(
             if fn.class_name is not None or fn.name == TOP_LEVEL_NAME:
                 continue
             name = short_id_from_name(fn.name, fn.decl.shortname, fn.line)
+            flags: List[str] = []
             if is_fastcall_supported(fn, emitter.capi_version):
-                flag = "METH_FASTCALL"
+                flags.append("METH_FASTCALL")
             else:
-                flag = "METH_VARARGS"
+                flags.append("METH_VARARGS")
+            flags.append("METH_KEYWORDS")
+            if fn.decl.is_async:
+                flags.append("METH_COROUTINE")
             emitter.emit_line(
                 (
-                    '{{"{name}", (PyCFunction){prefix}{cname}, {flag} | METH_KEYWORDS, '
-                    "NULL /* docstring */}},"
-                ).format(name=name, cname=fn.cname(emitter.names), prefix=PREFIX, flag=flag)
+                    '{{"{name}", (PyCFunction){prefix}{cname}, {flags}, ' "NULL /* docstring */}},"
+                ).format(
+                    name=name,
+                    cname=fn.cname(emitter.names),
+                    prefix=PREFIX,
+                    flags=" | ".join(flags),
+                )
             )
         emitter.emit_line("{NULL, NULL, 0, NULL}")
         emitter.emit_line("};")
diff --git a/mypyc/ir/func_ir.py b/mypyc/ir/func_ir.py
index beef8def7f43..4173387e6cf6 100644
--- a/mypyc/ir/func_ir.py
+++ b/mypyc/ir/func_ir.py
@@ -141,6 +141,7 @@ def __init__(
         is_prop_getter: bool = False,
         implicit: bool = False,
         internal: bool = False,
+        is_async: bool = False,
     ) -> None:
         self.name = name
         self.class_name = class_name
@@ -160,6 +161,7 @@ def __init__(
         # If True, not present in the mypy AST and must be synthesized during irbuild
         # Currently only supported for property getters/setters
         self.implicit = implicit
+        self.is_async = is_async
 
         # If True, only direct C level calls are supported (no wrapper function)
         self.internal = internal
@@ -209,6 +211,7 @@ def serialize(self) -> JsonDict:
             "is_prop_getter": self.is_prop_getter,
             "implicit": self.implicit,
             "internal": self.internal,
+            "is_async": self.is_async,
         }
 
     # TODO: move this to FuncIR?
@@ -232,6 +235,7 @@ def deserialize(cls, data: JsonDict, ctx: DeserMaps) -> FuncDecl:
             data["is_prop_getter"],
             data["implicit"],
             data["internal"],
+            data["is_async"],
         )
 
 
diff --git a/mypyc/irbuild/prepare.py b/mypyc/irbuild/prepare.py
index 65951999dcf9..53491b0e3889 100644
--- a/mypyc/irbuild/prepare.py
+++ b/mypyc/irbuild/prepare.py
@@ -185,7 +185,7 @@ def prepare_func_def(
         else (FUNC_CLASSMETHOD if fdef.is_class else FUNC_NORMAL)
     )
     sig = mapper.fdef_to_sig(fdef, options.strict_dunders_typing)
-    decl = FuncDecl(fdef.name, class_name, module_name, sig, kind)
+    decl = FuncDecl(fdef.name, class_name, module_name, sig, kind=kind, is_async=fdef.is_coroutine)
     mapper.func_to_decl[fdef] = decl
     return decl
 
diff --git a/mypyc/test-data/run-async.test b/mypyc/test-data/run-async.test
index 11ce67077270..5bc0683ebfd6 100644
--- a/mypyc/test-data/run-async.test
+++ b/mypyc/test-data/run-async.test
@@ -643,3 +643,16 @@ def test_async_def_contains_two_nested_functions() -> None:
 
 [file asyncio/__init__.pyi]
 def run(x: object) -> object: ...
+
+[case testIsCoroutineFunction]
+import asyncio
+import inspect
+
+async def foo():
+    return 1
+
+def test_asyncio_iscoroutinefunction():
+    assert asyncio.iscoroutinefunction(foo) is True, "foo should be recognized as coroutine function"
+
+def test_inspect_iscoroutinefunction():
+    assert inspect.iscoroutinefunction(foo) is True, "foo should be recognized as coroutine function"