Everyone asks if my twin and I ever swap places for meetings 👀. The real advantage: we do more in less time.
We’re now Genius AI. Serving 125,000 businesses in half of all US zip codes. That advantage is what we want every owner of a local business to feel.
Excited for what’s ahead!
Introducing Genius AI: the platform handling scheduling, payments & admin for service businesses.
GlossGenius is now part of Genius AI. We’re nearing $200M ARR, powering over 125K businesses.
We’re also announcing our Series D at a $1.15B valuation, with $125M raised to date.
Genius AI, a New York City-based AI company building technology that helps service businesses automate tasks like client communications, scheduling, marketing, and payments, has raised a $44 million Series D led by Lux Capital at a $1.15 billion valuation. The round also included participation from Bessemer Venture Partners, Imaginary Ventures, L Catterton Growth Fund, 2048 Ventures, and StepStone Private Ventures, bringing the company’s total funding to more than $125 million. Led by CEO and co-founder Danielle Cohen-Shohet, Genius AI now powers more than 125,000 businesses across half of all U.S. ZIP codes, is approaching a $200 million revenue run rate, and says its platform has saved customers 112 million administrative hours while helping generate an additional $2 billion in revenue.
FOUNDERS: Danielle Cohen-Shohet & Leah Cohen-Shohet
INVESTORS: Lux Capital, Bessemer Venture Partners, Imaginary Ventures, L Catterton Growth Fund, 2048 Ventures & StepStone Private Ventures
ROUND: Series D
AMOUNT: $44,000,000
VALUATION: $1,150,000,000
HQ: New York City, New York
#VentureCapital #GeniusAI #TradedPartner #DanielleCohenShohet #TradedVC
Genius AI is bringing intelligence to the physical economy, where some of the most valuable and human work in our daily lives takes place. Since Day 1, we have been obsessed with helping talented practitioners do what only they can do as technology takes on the repetitive tasks.
We’re excited to share that we raised a Series D at a $1.15B valuation to accelerate our vision. We are also announcing a new brand, Genius AI, as our platform and customer footprint have evolved. Alongside our core flagship GlossGenius product, we’re releasing products that run more of the admin work on their own, so business owners can finally do what they dreamed of.
To the 125,000 businesses who have trusted us to save them 112M hours of admin work and earn billions of dollars in extra revenue already, thank you for your partnership. Our work is just beginning as we make your most repetitive workflows disappear.
Grateful for our investors, including @Lux_Capital that led the round with participation from @BessemerVP@ImaginaryFund@2048vc@L_Catterton and @StepStoneVC .
Here’s a note from our founders @DCohenShohet@Leahcs with more detail below ⬇️
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