# Genus Artificial Intelligence

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/genus-artificial-intelligence

- Industry: Software
- Headquarters: Brentwood, US
- Website: www.genus.ai
- Total disclosed funding: $4M
- Latest round: Seed (Jul 1, 2019)
- Investors on record: 4

## About

Genus Artificial Intelligence, Inc. specializes in providing advanced AI solutions that enhance decision-making for enterprises. Their technology integrates machine learning to generate actionable insights tailored to various industries.Founded in 2016 in Brentwood, US, Genus.ai focuses on artificial intelligence applications for business. The company has successfully completed four deals, with the latest funding round occurring on September 25, 2023. Founders Tadas Jucikas and Viktoras Jucikas have a history of entrepreneurship, with Tadas Jucikas currently serving as CEO. Genus.ai raised USD 11.000 mn in Seed funding from Aleph Group, Inc. as well as various other investors, marking the total amount raised at USD 11.000 mn.Genus.ai specializes in advanced artificial intelligence solutions aimed at enhancing decision-making processes within organizations. Their core product offerings leverage machine learning algorithms to analyze vast amounts of data, enabling businesses to derive actionable insights tailored to specific industry needs. This technology is particularly beneficial for sectors such as finance, healthcare, and retail, where understanding consumer behavior and market trends is critical. Genus.ai's offerings are designed to improve efficiency, optimize operations, and drive innovation among their client base, which includes enterprise-level organizations across North America and Europe. The solutions provided by Genus.ai are designed for a diverse end-user spectrum, ranging from data analysts to executive decision-makers, all seeking to leverage data-driven insights for strategic advantages.Genus.ai generates revenue primarily through a subscription-based model, allowing clients to access their suite of AI-powered tools and services. This model facilitates ongoing relationships with businesses, as clients pay periodic fees to utilize the technology, which is updated regularly to incorporate the latest advancements in AI and machine learning. The company also engages in strategic partnerships with other technology firms, enhancing their service offerings and expanding their reach in the market. Revenue from these collaborations is driven by joint ventures that provide integrated solutions to clients, ensuring a comprehensive approach to data analytics.In September 2023, Genus Artificial Intelligence, Inc. raised USD 11.000 mn in Seed funding from Aleph Group, Inc., which will be utilized to scale up its market and business expansion. The company is working on launching new products designed to enhance their AI offerings, aiming to penetrate additional markets in North America and Europe by the end of 2024.

## Funding rounds

- Seed, Jul 1, 2019, $3M — Transamerica Ventures, Picus Capital, Maschmeyer Group Ventures, Hannover Digital Investments GmbH
- Seed, Oct 24, 2017, $1M — Picus Capital

## Investors

- Picus Capital (https://capitalatlas.ai/funds/picus-capital) — Seed
- Transamerica Ventures (https://capitalatlas.ai/funds/transamerica-ventures) — Seed
- Maschmeyer Group Ventures (https://capitalatlas.ai/funds/maschmeyer-group-ventures) — Seed
- Hannover Digital Investments GmbH — Seed