Genus AI Secures $6 Million in Seed Round Extension

by Kay Aloha Villamor in September 26th, 2023

Genus AI, a Nashville, TN-based provider of a generative AI platform for D2C and e-commerce brands, secured $6 million in additional investment. This extension brings the total seed funding for the company to $11 million.

SaaS Investors

The seed round extension includes investments from new investors: Aleph Group Inc., an ecosystem of global digital experts and technology-driven solutions for digital marketing and strategic angel investors, including Kazuki Ohta, Co-Founder & CEO of Treasure Data, Magnus Lundin, Founder of Heep Agency, Tomas Slimas, Co-Founder of Oberlo (acquired by Shopify)

Genus AI Use of Funds

The funds raised through this extension of the seed round will be used to invest in the company's go-to-market (GTM) infrastructure. Genus AI also plans to incorporate additional integrations and features into its platform to further enhance its offerings for D2C and e-commerce brands.

About Genus AI

Founded by Dr. Tadas Jucikas and Viktoras Jucikas, Genus AI is a generative AI platform for D2C and e-commerce brands. The platform generates product catalog images, seed audiences, copy, and video to help brands grow efficiently across social channels such as Facebook, Instagram, TikTok, Pinterest, and X. Genus AI's mission is to make AI accessible to brands of any size. The company has recently relocated its headquarters from San Francisco to Nashville, Tennessee. The company also operates a leading artificial intelligence technology hub in Vilnius, Lithuania, where it has assembled a team of experts in machine learning.

Funding Details

Company: Genus Artificial Intelligence Inc.

Raised: $6.0M

Round: Seed Round Extension

Funding Month: September 2023

Lead Investors: 

Additional Investors: Aleph Group Inc., Kazuki Ohta, Magnus Lundin, Tomas Slimas

Company Website: 

Software Category: Customer Relationship Management (CRM) Software





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