Genie AI
Latest round
- Series A
Last raised
- Oct 2024
Total raised
- $18M
Investors
- 2
About Genie AI
Genie AI Limited is a technology firm based in Cambridge, UK, founded in 2017. The company specializes in AI solutions for the legal sector, enabling legal teams to streamline their operations. The founders include Adrian Molina, Nitish M, and Rafie Faruq, with Rafie Faruq currently serving as CEO.Genie AI provides a comprehensive AI-driven legal assistant platform designed to streamline the drafting, reviewing, and management of legal documents. The core product offerings include an extensive template library, automated contract generation, and intelligent document review functionalities. Genie’s platform helps legal teams and businesses efficiently create industry-standard contracts tailored to specific needs while ensuring compliance with local regulations across over 120 jurisdictions. The system is utilized by more than 100,000 users, including legal professionals and corporate legal departments, who rely on its capabilities to save time and enhance productivity in managing legal documentation.Genie AI operates on a subscription-based revenue model, offering tiered pricing plans that cater to various business needs. The flagship offering is the Pro subscription, which allows users to create and review up to ten documents per month, access a library of over 500 templates, and utilize AI tools for document explanation and editing. The company also provides tailored solutions for enterprise clients through custom subscriptions, which include unlimited document access and dedicated support. This structure enables Genie to serve a diverse clientele, ranging from startups to large legal teams, fostering ongoing partnerships and recurring revenue streams. The company aims to launch this new product by the end of 2025 and is also planning to expand its services into new markets, specifically targeting regions in Asia and the Middle East.
Who invested in Genie AI
2 investors across 1 round
See all investors in Genie AI
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Series A
Oct 23, 2024
Amount
$18M
Investors
Questions about Genie AI
Who invested in Genie AI?
Genie AI has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Genie AI raised?
Genie AI has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Genie AI last raise money?
Genie AI's most recent round on record is a Series A, in Oct 2024.
What does Genie AI do?
Genie AI Limited is a technology firm based in Cambridge, UK, founded in 2017.
Where is Genie AI headquartered?
Genie AI is headquartered in Cambridge, UK.
Which VCs invest in companies like Genie AI?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Genie AI's stage. Their profiles are linked below.
VCs backing software startups at Series A
Raising like Genie AI? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.