About Genies
Genies is a company based in Los Angeles (United States) founded in 2011 by Evan Rosenbaum and Akash Nigam. Genies has raised $276.46 million across 15 funding rounds from investors including Creative Artists Agency, Dapper Labs and Warner Music. The company has 39 employees as of December 31, 2022. Genies offers products and services including Smart Avatars, Smart Games, Smart Assets, and Talent Network Platform. Genies operates in a competitive market with competitors including IMVU, Loom.ai, Soul Machines, Didimo and ObEN, among others.
- Headquarter Los Angeles, United States
- Employees 39 as on 31 Dec, 2022
- Founders Evan Rosenbaum, Akash Nigam
- Stage Unicorn
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Sectors
Media & EntertainmentTechnology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Genies, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$276.46 M (USD)
in 15 rounds
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Latest Funding Round
$150 M (USD), Series C
May 02, 2022
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Investors
Creative Artists Agency
& 42 more
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Employee Count
39
as on Dec 31, 2022
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Products & Services of Genies
Genies offers a comprehensive portfolio of products and services, including Smart Avatars, Smart Games, Smart Assets, and Talent Network Platform.
AI-powered avatars for building personalized user relationships
Tools for creating AI-driven, user-generated games around IP
Platform for generating and managing digital goods and fashion
Network for partnering with creators and brands for content distribution
People of Genies
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Funding Insights of Genies
Genies has successfully raised a total of $276.46M across 15 strategic funding rounds. The most recent funding activity was a Series C round of $150 million completed in May 2022. 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 15
- Last Round Series C — $150.0M
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First Round
First Round
(12 Oct 2012)
- Investors Count 43
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series C - Genies | Valuation | Silver Lake | |
| Jun, 2021 | Amount | Series A - Genies | Valuation | CoinFund |
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| Apr, 2021 | Amount | Series B - Genies | Valuation | Bond Capital |
Investors in Genies
Genies has secured backing from 43 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Creative Artists Agency, Dapper Labs and Warner Music.
| Investor | Description | Founded Year | Domain | Location |
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US focused seed-stage VC firm
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Founded Year | Domain | Location | |
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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location | |
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Investments in multiple sectors are made by Bond Capital.
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Founded Year | Domain | Location |
Investments & Acquisitions by Genies
Financial Statements - Genies
Genies Comparisons
Competitors of Genies
Genies 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 IMVU, Loom.ai, Soul Machines, Didimo and ObEN, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of an online 3D avatar-based social network
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| domain | founded_year | HQ Location |
Platform to create avatars for applications in AR, VR, gaming, and messaging
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| domain | founded_year | HQ Location |
AI-enabled 3D virtual avatars are developed for interactive applications.
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| domain | founded_year | HQ Location |
AI software is developed to generate real-time digital human doubles.
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| domain | founded_year | HQ Location |
Photo-real 3D virtual avatar using AI
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Frequently Asked Questions about Genies
Genies was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Genies is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Akash Nigam is the current CEO of Genies. They have also founded this company.
Genies is a funded company, having raised a total of $276.46M across 15 funding rounds to date. The company's 1st funding round was a Series B of $65M, raised on Oct 12, 2012.
As of Dec 31, 2022, the latest employee count at Genies is 39.
Provider of a mobile application and SDK to create 3D avatars. It offers a consumer app that allows users to create fully personalized avatars to be used in apps such as Giphy, iMessage, and Instagram. It detects actions, places, things, and emotions, and offers you corresponding animations your avatar acts out with a tap. The companys NFT storefront and partnerships with luxury brands and tech companies demonstrate its avatar technology.
Genies's top competitors include IMVU, Soul Machines and Loom.ai.
Genies offers Smart Avatars, Smart Games, Smart Assets, and Talent Network Platform.
Genies has 43 investors. Key investors include Creative Artists Agency, Dapper Labs, Warner Music, HashKey Exchange, and NetEase Games.
The valuation of Genies is $1B as of May 2022.