Genies was founded in 2012 by Akash Nigam and Evan Rosenbaum. The company has not officially endorsed a plan to participate in an IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Genies is an avatar technology company that also operates an NFT marketplace. The company allows users to create fully custom avatars that they will be able to use to represent themselves in a number of major messaging apps. The company has raised more than $80 million in venture capital funding from investors including Bond Capital, NEA, Breyer Capital, Tull Investment Group, Netease.com, Dapper Labs, and Coinbase Ventures. The company has not disclosed recent valuation information.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
04/12/2022 | Series C | $150MM | $xx.xx | $1B | Bond, Nea, Silver Lake, Tamarack Global | |
Price per Share
$xx.xx
Shares Outstanding
8,938,200
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bond, Nea, Silver Lake, Tamarack Global
|
||||||
05/03/2021 | Series B | $67.92MM | $xx.xx | $413.39MM | Bond, Breyer Capital, Coinbase Ventures, Dapper Labs, Nea, Netease, Tull Investment Group | |
Price per Share
$xx.xx
Shares Outstanding
7,798,029
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bond, Breyer Capital, Coinbase Ventures, Dapper Labs, Nea, Netease, Tull Investment Group
|
||||||
05/14/2019 | Series A-1 | $25.16MM | $xx.xx | $127.87MM | Al Dhow Capital, Asap Rocky, Foundation Capital, James Breyer, M Ventures, New Enterprise Associates, Thomas Tull | |
Price per Share
$xx.xx
Shares Outstanding
8,863,190
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Al Dhow Capital, Asap Rocky, Foundation Capital, James Breyer, M Ventures, New Enterprise Associates, Thomas Tull
|
||||||
12/08/2017 | Series A | $11.57MM | $xx.xx | $18.11MM | Metamorphic Ventures, New Enterprise Associates, Other Individual Investors, Red Sea Ventures, Russell Westbrook, Shawn Mendes | |
Price per Share
$xx.xx
Shares Outstanding
12,286,624
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Metamorphic Ventures, New Enterprise Associates, Other Individual Investors, Red Sea Ventures, Russell Westbrook, Shawn Mendes
|
||||||
10/30/2013 | Series AA | $642,560.00 | $xx.xx | $11.74MM | Ajay Chopra, Cristian Burci, Erik Moore, Krishna Swaroop Kalluri, Nickhil Jakatdar, Ramu Sunkara | |
Price per Share
$xx.xx
Shares Outstanding
686,195
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ajay Chopra, Cristian Burci, Erik Moore, Krishna Swaroop Kalluri, Nickhil Jakatdar, Ramu Sunkara
|