Genies

Genies is the avatar technology company shaping the leading edge of Web3 culture by empowering individuals to create their own avatar ecosystems.

Genies is bringing the power of NFTs and crypto to culture through its mission to own the “virtual being identity layer.”

Genies was founded in 2017 by Akash Nigam, with Evan Rosenbaum. The company is headquartered in Los Angeles, California.

 

Genies provides tools (Genies Avatar Creator OS) that allows users to create their own avatars, avatar wearable fashion lines, avatar worlds, and avatar interactive experiences in web3.

 

Genies recently launched The Warehouse, an avatar ecosystem NFT marketplace enabling creators to buy, sell, and trade these avatar ecosystem creations. All creations are minted on Dapper Labs' blockchain network, Flow. To become a Genies avatar fashion seller, or to design and sell your own avatar species, apply here.

 

Genies has 99% celebrity avatar market share through its partnerships with Universal Music Group and Warner Music Group as their "official avatar and digital goods NFT provider" with thousands of Genie creators including Justin Bieber, Migos, Cardi B, and J Balvin.

 

Genies is backed by BOND, NEA, Silver Lake, Breyer Capital, Tamarack Global, Bandai Namco Entertainment, Tull Investment Group, and others. The company raised $150M in Series C round on Apr 12, 2022. This brings Genies' total funding to $202M to date. The latest round mints Genies a unicorn with a valuation of $1B post-money.

 

 

  • Year founded: 2017
  • Funding Info: $202M over 4 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: Valued at $1B as of Apr 12, 2022
  • City/Town: Los Angeles
  • State: California
  • Country: United States
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