What is Genesis?
Genesis offers a buy-to-build solution specifically designed for financial markets organizations, addressing the complex 'buy vs. build' challenge. Its low-code platform is engineered to accelerate application development, providing the speed, performance, and flexibility necessary for financial institutions to achieve and maintain a competitive advantage in a rapidly evolving market. The platform's capabilities are crucial for modernizing legacy systems and enabling rapid innovation within the financial sector.
How much funding has Genesis raised?
Genesis has raised a total of $269.8M across 5 funding rounds:
Series A
$3M
Other Financing Round
$1.8M
Series B
$45M
Series C
$200M
Other Financing Round
$20M
Series A (2018): $3M, investors not publicly disclosed
Other Financing Round (2019): $1.8M led by Illuminate Financial and Tribeca Early Stage Partners
Series B (2021): $45M supported by Accel
Series C (2022): $200M featuring Illuminate Financial, Tiger Global Management, Insight Partners, Accel, Tribeca Early Stage Partners, GV, and Salesforce Ventures
Other Financing Round (2022): $20M backed by BNY Mellon, Citigroup, and Bank of America
Key Investors in Genesis
Accel
Accel is a venture capital firm that partners with exceptional teams from the inception of their ideas through all phases of private company growth, focusing on supporting innovative companies and entrepreneurs.
Illuminate Financial
Illuminate Financial Management is a thesis-driven venture capital firm focused on fintech and enterprise software companies defining the future of financial services.
Insight Partners
Insight Partners is a global venture capital and private equity firm investing in high-growth technology and software companies across various stages.
What's next for Genesis?
With substantial enterprise-level capital infusions, Genesis is poised for significant scaling and market penetration. The recent strategic investment signals a deepening partnership with key industry players, likely to accelerate product development and expand its go-to-market strategy. Future initiatives will probably focus on enhancing platform capabilities, broadening its client base within the financial services industry, and potentially exploring new verticals or geographic markets. The company's ability to leverage this capital effectively will be critical for solidifying its leadership in the financial markets technology space.
See full Genesis company page
