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Genius AI Raises $44M in Series D Funding Led by Lux Capital to Expand Operations and Development Efforts.

PRIVATEJul 22, 202618 days ago

Amount Raised

$44 Million

Round Type

Series D

New YorkHealth CareArtificial IntelligenceMachine Learning

Investors

Step Stone Private Ventures2048 VenturesL Catterton GrowthImaginary VenturesBessemer Venture PartnersLux Capital

Description

Genius AI, a NYC-based technology platform provider for in-person service businesses, raised $44M in Series D financing at a $1.15 billion valuation. The round was led by Lux Capital with participation from several other prominent investors. This funding will be used to expand operations and enhance development efforts. Genius AI's solutions are utilized by over 125,000 U.S

Company Information

Company

Genius AI

Location

New York, New York, United States

About

Genius AI is a NYC-based provider of a technology platform for in-person service businesses. Founded by Danielle and Leah Cohen-Shohet, Genius AI builds technology to improve the administrative work supporting practitioners, allowing them to focus on helping people. One of its products, GlossGenius, empowers booking, payments, marketing, staff and client management for businesses in various verticals like beauty, wellness, and health.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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