genei

London, United Kingdom Founded: 2019 • Age: 7 yrs
An AI-powered tool for research and summarisation is provided.
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About genei

genei is a company based in London (United Kingdom) founded in 2019 by Jack Bowen, Laksh Aithani, Thomas Foster, and Adrien Wald. It operates as a SaaS (Software-as-a-Service), and Freemium. genei has raised $125 thousand across 1 funding round from investors including Y Combinator. genei offers products and services including genei Basic and genei Pro. genei operates in a competitive market with competitors including Primer, AssemblyAI, Lateral, Otio and Recall, among others.

  • Headquarter London, United Kingdom
  • Founders Jack Bowen, Laksh Aithani, Thomas Foster, Adrien Wald
  • Sectors
    Media & Entertainment
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Genie Technology Limited
  • Date of Incorporation 28 May, 2020
  • Jurisdiction LONDON
Operational Areas
Media & Entertainment → Digital Media, Publishing & Broadcasting
Technology → Artificial Intelligence & Machine Learning
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $125 K (USD)

    in 1 rounds

  • Latest Funding Round
    $125 K (USD), Seed

    Aug 31, 2021

  • Investors
  • Employee Count
    Employee Count
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Products & Services of genei

genei offers a comprehensive portfolio of products and services, including genei Basic and genei Pro. 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.

Primary

Basic AI tool for summarisation and document management.

Advanced AI tool with multi-document summarisation features.

People of genei
Headcount 1-10
Employee Profiles 2
Employee Profiles
People
Adrien Wald
Cofounder & CTO
People
Laksh Aithani
Founder (Y-Combinator backed)

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Teams

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Funding Insights of genei

genei has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in August 2021. 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 Rounds 1
  • Last Round Seed — $125,000
  • First Round

    (31 Aug 2021)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2021 Amount Seed - genei Valuation Y Combinator
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in genei

genei has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Early-stage startups are accelerated via funding and educational programs.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by genei

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - genei

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Genei Comparisons

Employees
+
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Competitors of genei

genei 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 Primer, AssemblyAI, Lateral, Otio and Recall, 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
AI based text summarization and contextualization software tool
domain founded_year HQ Location
Provider of speech to text solutions
domain founded_year HQ Location
Personalized content discovery is enabled for developers via machine learning.
domain founded_year HQ Location
AI-powered tools for research, writing, and content organization are provided.
domain founded_year HQ Location
A knowledge management tool is provided for summarizing online content.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Genei

Merck sells GeNei back to founder
Indiatimes2 years ago

Frequently Asked Questions about genei

When was genei founded?

genei was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is genei located?

genei is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Is genei a funded company?

genei is a funded company, having raised a total of $125K across 1 funding round to date. The company's 1st funding round was a Seed of $125K, raised on Aug 31, 2021.

What does genei do?

An AI-powered research and summarisation tool is offered by genei, focusing on enhancing productivity in content production, academic, and professional writing. Solutions for document management, keyword extraction, and multi-document analysis are included. The tool is utilized across sectors like education and media to optimize workflows and improve research efficiency.

Who are the top competitors of genei?

genei's top competitors include Primer, Recall and AssemblyAI.

What products or services does genei offer?

genei offers genei Basic and genei Pro.

Who are genei's investors?

genei has 1 investor. Key investors include Y Combinator.

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