About Gemist
Gemist is a company based in Los Angeles (United States) founded in 2019 by Madeline Fraser and Anup Murarka.. Gemist has raised $12.04 million across 4 funding rounds from investors including Lightspeed Venture Partners, Canaan and Entrada Ventures. Gemist offers products and services including Customize, Stack, Stone Marketplace, and Photorealistic Renders. Gemist operates in a competitive market with competitors including MPL, William Hill, Flutter Entertainment, Baazi Games and Betfair Group, among others.
- Headquarter Los Angeles, United States
- Founders Madeline Fraser, Anup Murarka
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Sectors
RetailConsumer
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.04 M (USD)
in 4 rounds
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Latest Funding Round
$6 M (USD), Seed
Jun 24, 2025
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Investors
Lightspeed Venture Partners
& 12 more
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Employee Count
Employee Count
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Products & Services of Gemist
Gemist offers a comprehensive portfolio of products and services, including Customize, Stack, Stone Marketplace, and Photorealistic Renders. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for real-time jewelry design and variant visualization.
Tool to display how jewelry pieces combine visually online.
Marketplace for live stone inventory with educational modules.
Creates realistic images of jewelry from 3D files for scaling.
Funding Insights of Gemist
Gemist has successfully raised a total of $12.04M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $6 million completed in June 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Seed — $6.0M
- First Round First Round
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2025 | Amount | Seed - Gemist | Valuation | Entrada Ventures | |
| Oct, 2023 | Amount | Series A - Gemist | Valuation |
investors |
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| Feb, 2022 | Amount | Seed - Gemist | Valuation | Entrada Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Gemist
Gemist has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Lightspeed Venture Partners, Canaan and Entrada Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Late-seed stage startups are invested in by Entrada Ventures.
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De Beers Group is recognized as the world's leading diamond company.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Gemist
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Gemist
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gemist Comparisons
Competitors of Gemist
Gemist operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MPL, William Hill, Flutter Entertainment, Baazi Games and Betfair Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Real money skill-based gaming is facilitated through an online platform.
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| domain | founded_year | HQ Location |
A leading betting and gaming company with global operations.
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| domain | founded_year | HQ Location |
Gambling services are provided via sports betting and online platforms.
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| domain | founded_year | HQ Location |
Provider of online platforms for poker, sports gaming, and card games
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| domain | founded_year | HQ Location |
Online sports betting exchange services are operated internationally.
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| domain | founded_year | HQ Location |
Betting tools are developed for sports bettors worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Gemist
Frequently Asked Questions about Gemist
When was Gemist founded?
Gemist was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Gemist located?
Gemist is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of Gemist?
Madeline Fraser is the current CEO of Gemist. They have also founded this company.
Is Gemist a funded company?
Gemist is a funded company, having raised a total of $12.04M across 4 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Jul 16, 2020.
What does Gemist do?
Gemist was founded in 2019 in Los Angeles, United States, as an internet-first brand in the precious jewelry sector. A catalog of products including rings, anklets, bracelets, earrings, and necklaces is maintained. Visualization models are provided for users to preview items, alongside a customization feature that allows personalization of selections. Operations focus on direct-to-consumer sales through the digital platform gemist.io.
Who are the top competitors of Gemist?
Gemist's top competitors include MPL, Baazi Games and Flutter Entertainment.
What products or services does Gemist offer?
Gemist offers Customize, Stack, Stone Marketplace, and Photorealistic Renders.
Who are Gemist's investors?
Gemist has 13 investors. Key investors include Lightspeed Venture Partners, Canaan, Entrada Ventures, De Beers Group, and Lunch Partners.