GenesisAI

Amazon for AI

Company Information

Website:

https://genesisai.io/

Sector:

Artificial Intelligence

Location:

Albany, CA

GenesisAI is creating a global network for Artificial Intelligence. This market, valued at $210 billion in 2020, is expected to reach nearly three trillion dollars by 2030.

Essentially, this company will soon enable anyone to buy and sell AI technologies at scale. It’s created a marketplace for AI-related products and services — an “Amazon for AI.”

This marketplace connects companies in need of AI services, data, and models with companies interested in monetizing their AI technology. GenesisAI has more than 1,700 users and is generating revenue.

Team Background

David Fan - Engineer

David earned his Bachelor’s degree in Applied Mathematics and Computer Science from Harvard.

After graduating, he worked for Dataminr, an internet services company. From there, he worked as a software engineer with Applied Predictive Technologies, a computer software company.

Notably, he spent nearly four years as a software engineer with Google. Most recently, he was a software engineer with Prelay, a computer software company.

Archil Cheishvili - Chief Executive Officer

Prior to starting GenesisAI, Archil was CEO of Palatine Analytics, a company applying Artificial Intelligence to employee performance analytics software.

Before that, he was Vice President of AI with IDFEC, a venture capital firm and startup incubator, and an advisor with Bridgewater Associates, an investment management company.

Archil earned his Bachelor’s degree in Economics from Harvard.

Mina Nassif - Engineering and Product

Mina has published multiple scientific papers throughout his career and raised more than $1 million in research grants.

He earned a Master’s degree in Computational Science and Engineering, as well as a Ph.D. in Applied Physics, from Harvard.

Co-Investors

Raising
$3.045 million
Committed
$574.634K (19%)
Current Valuation
$204.837 million
Min. Investment
$493
Deal Type
Title III
(For all investors)
Offering Type
Equity
Finance History
  • $50K
    2019-09-01
    Unknown
  • $40K
    2019-03-01
    Unknown
  • $50K
    2018-08-01
    Unknown
Notable Investors
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