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One of the major benefits of AI: soon every service business will have incredible tools to help run themselves. Previously only the biggest companies could afford this. Proud to back Danielle and @trygenius_ai from the seed.
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 ⬇️
Danielle and the @trygenius_ai team are incredible operators & builders -- just getting started! 🚀
Over the years, I have spoken to tens of thousands of customers and business owners and I can tell you that every single one of them just dreams of helping people. Today, we’re sharing that we raised a Series D at a $1.15B valuation to bring AI to the in-person economy so talented professionals can help more people. We are also announcing a new brand, Genius AI, a reflection of the significant ways in which our platform has evolved. We are now serving 125,000+ businesses. Half of all US ZIP codes. 112M hours of admin work eliminated. Approaching a ~$200M run-rate because nobody dreams of running the back office. With advancements in AI, our ability to help customers in the $2T annual spend in-person economy do what they love doing is bigger than ever. We are doing that, workflow by workflow, until professionals just show up for what only they can do while the rest just effortlessly runs itself. Thank you to our incredible customers, amazing @trygenius_ai team and the support of our investors, including @Lux_Capital that led the round with participation from @BessemerVP @ImaginaryFund @2048vc @L_Catterton and @StepStoneVC . More detail below ⬇️