# Genies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/genies

- Industry: Internet
- Headquarters: West Hollywood, US
- Website: www.genies.com
- Total disclosed funding: $224M
- Latest round: Series C (Apr 12, 2022)
- Investors on record: 29

## About

Based in California, US, and founded in 2011, Genies, Inc., aka Genies operates as a provider of mobile application or technology solution, that allows users to create their human avatars. The company was co-founded by Evan Rosenbaum, and Akash Nigam (CEO). In April 2021, Genies, Inc. raised USD 64.55 million in series B funding led by new investor Bond, with participation from other new investors, Coinbase Ventures, Dapper Labs Inc.  

The company offers a proprietary technology tool, namely Genies Avatar Creator OS, that allows users to build their own avatars, and avatar fashion lines, and enable avatar interactions in the web3 platform. The firm also provides an NFT, and crypto marketplace called The Warehouse, which allows creators to design and sell avatars to members within the company’s ecosystem, and thereby improve their digital revenue.

The company intends to use the funds raised in April 2021 for expanding the digital products marketplace on Dapper Lab's Flow platform as well as invest in the technology powering the Genie avatar system.

## Funding rounds

- Series C, Apr 12, 2022, $150M — New Enterprise Associates, Silver Lake, Gaingels, Bond, Tamarack Global
- Series B, Apr 16, 2021, $65M — New Enterprise Associates, Foundation Capital, Sanren Capital, Breyer Capital, Red Sea Ventures, Tamarack Venture Partners, Gaingels, Polychain Capital, Tull Investment Group, Dapper Labs Inc., Coinbase Ventures, Shrug Capital, Bond, HashKey Capital, Malex Enterprises
- Series A, May 11, 2017 — True Cresset, MaC Venture Capital
- Series A, May 7, 2015, $6.3M — New Enterprise Associates, Foundation Capital, Compound Ventures, Great Oaks Venture Capital, Upslope Ventures, Connect Ventures, Red Sea Ventures
- Seed, Mar 5, 2014, $2.7M — New Enterprise Associates, Foundation Capital, Trinity Ventures, Maveron, Lerer Hippeau Ventures, XG Ventures, BoxGroup, SparkLabs Global Ventures

## Investors

- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Seed, Series A, Series B, Series C
- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Seed, Series A, Series B
- Trinity Ventures (https://capitalatlas.ai/funds/trinity-ventures) — Seed
- Maveron (https://capitalatlas.ai/funds/maveron) — Seed
- Lerer Hippeau Ventures — Seed
- XG Ventures (https://capitalatlas.ai/funds/xg-ventures) — Seed
- BoxGroup (https://capitalatlas.ai/funds/boxgroup) — Seed
- SparkLabs Global Ventures (https://capitalatlas.ai/funds/sparklabs-global-ventures) — Seed
- Compound Ventures (https://capitalatlas.ai/funds/compound-ventures) — Series A
- Great Oaks Venture Capital (https://capitalatlas.ai/funds/great-oaks-venture-capital) — Series A
- Upslope Ventures (https://capitalatlas.ai/funds/upslope-ventures) — Series A
- Connect Ventures — Series A
- Red Sea Ventures (https://capitalatlas.ai/funds/red-sea-ventures) — Series A, Series B
- True Cresset — Series A
- MaC Venture Capital (https://capitalatlas.ai/funds/mac-venture-capital) — Series A
- Sanren Capital (https://capitalatlas.ai/funds/sanren-capital) — Series B
- Breyer Capital (https://capitalatlas.ai/funds/breyer-capital) — Series B
- Tamarack Venture Partners — Series B
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series B, Series C
- Polychain Capital (https://capitalatlas.ai/funds/polychain-capital) — Series B
- Tull Investment Group — Series B
- Dapper Labs Inc. — Series B
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Series B
- Shrug Capital (https://capitalatlas.ai/funds/shrug-capital) — Series B
- Bond (https://capitalatlas.ai/funds/bond) — Series B, Series C
- HashKey Capital (https://capitalatlas.ai/funds/hashkey-capital) — Series B
- Malex Enterprises (https://capitalatlas.ai/funds/malex-enterprises) — Series B
- Silver Lake (https://capitalatlas.ai/funds/silver-lake) — Series C
- Tamarack Global (https://capitalatlas.ai/funds/tamarack-global) — Series C