Funding round
Genezio Pre-seed
Genezio, which works in generative search optimization services in United States, raised $2.0M in a Pre-seed round announced on 5 Apr 2024, led by GapMinder. 2 firms took part.
$2.0M
Amount raised
Not disclosed
Post-money valuation
2
Investors
1 lead
Valuation
What this round says about the price
Genezio did not disclose a valuation in this round. It is Genezio's first venture round on record, 1 year after it was founded in 2023. No later venture round is on record for Genezio.
Genezio's funding rounds
This is the only venture round on record for Genezio.
- Pre-seed this round 5 Apr 2024, led by GapMinder $2.0M
Investors
Who put money in
GapMinder led the round with 1 other firm.
Lead investor
- GapMinder backs 21 venture-backed companies new investor
Also in the round
- Underline Ventures backs 9 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, sales and marketing, scaling operations and working capital.
- Product development
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
699 Pre-seed rounds in Tech Companies within a year either side disclosed an amount; the median was $1.5M, and this round was 1.3 times the median. The closest in time, other companies' Pre-seed rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 23 Apr 2024 | $2.8M | not disclosed | Investible |
| Tech Companies | 10 Apr 2024 | $2.5M | not disclosed | Laser Digital |
| Tech Companies | 4 Apr 2024 | $2.4M | not disclosed | lightbank and Las Olas Venture Capital |
| Tech Companies | 2 Apr 2024 | $2.2M | not disclosed | Tera Ventures |
| Tech Companies | 18 Apr 2024 | $2.1M | not disclosed | Neon |
| Tech Companies | 24 Apr 2024 | $2.0M | not disclosed | Rev1 Ventures and Impellent Ventures |
| Tech Companies | 3 Apr 2024 | $1.7M | not disclosed | Connect Ventures |
| Tech Companies | 23 Apr 2024 | $1.7M | not disclosed | M25 |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Genezio raise in its Pre-seed round?
Genezio raised $2.0M in its Pre-seed round, announced in Apr 2024.
Who led Genezio's Pre-seed round?
GapMinder led it, with Underline Ventures.
What was Genezio's valuation at the Pre-seed round?
It was not disclosed.
How does it compare with other Pre-seed rounds in Tech Companies?
699 Pre-seed rounds in Tech Companies within a year either side disclosed an amount; the median was $1.5M, and this round was 1.3 times the median.