Tech Company Financing Transactions
Genies Funding Round
Genies, based in Venice, raised $150 million from Silver Lake, Bond Capital and New Enterprise Associates.
Transaction Overview
Company Name
Announced On
4/12/2022
Transaction Type
Venture Equity
Amount
$150,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The new injection of capital will be used for continuous hiring across engineering and to further invest in the core technology of Genies' avatar universe.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
822 Hampton Dr.
Venice, CA 90291
USA
Venice, CA 90291
USA
Phone
Website
Email Address
Overview
Genies, Inc. develops a social sharing application for college students that enables them to share their experiences and get stuff from their favorite brands. The company also develops Genies, which are similar to chatbots on applications like Facebook Messenger, Telegram, and Kik, except they don't require you to interact with them.
Management Team
Title
Name
Email & Social
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Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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