Geni, Inc.

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Geni, Inc. - overview

Established

2007

Location

West Hollywood, CA, US

Primary Industry

Internet

About

Geni, Inc. is a collaborative genealogy platform that enables users to build, maintain, and share family trees, fostering connections among relatives and genealogical enthusiasts. Founded in 2007 in West Hollywood, US, Geni, Inc. specializes in genealogical services through a collaborative family tree platform.


The company was acquired by MyHeritage Ltd in November 2012, with financial details undisclosed. Geni has raised a total of USD 5. 00 mn, with its most recent funding being a Series C round amounting to USD 5. 00 mn, supported by investors including CRV and Founders Fund.


Over its history, Geni has engaged in 4 deals, with the latest occurring on November 28, 2012. Geni. com offers a collaborative platform for building and maintaining family trees, enabling users to seamlessly connect and share genealogical information with relatives. The core service revolves around a shared family tree, where users can add their knowledge and invite family members to contribute, creating an extensive network of over 270 million profiles.


The platform is designed to simplify the process of family history research by allowing users to upload and organize family photos, videos, and records, and facilitating connections with distant relatives through automatic tree matches. Geni serves a diverse clientele, including families seeking to document their lineage, genealogists aiming to collaborate on research, and historians interested in tracing connections between historical figures. Its services are utilized globally, appealing to users from various geographical markets including North America, Europe, and Australia, thereby fostering a worldwide community of family history enthusiasts. The revenue model for Geni.


com involves a combination of consumer subscriptions and potential partnerships with organizations interested in genealogical data. Users may engage with the platform through direct-to-consumer transactions, subscribing to premium features that enhance their genealogical research experience. The service offers varying pricing plans for individual users, allowing access to advanced functionalities that facilitate collaboration and discovery across family trees. The platform's flagship offering includes the World Family Tree, a comprehensive resource that integrates data from millions of profiles.


Revenue is generated as subscribers opt for these premium services, reinforcing user engagement while contributing to the platform's growth. Geni, Inc. plans to leverage its recent funding to enhance its platform and introduce new features aimed at improving user experience. The company is exploring opportunities to enter new markets, particularly in Asia and South America, by 2025.


The acquisition by MyHeritage Ltd may also provide additional resources for expansion and product development, focusing on enhancing its collaborative genealogy services.


Current Investors

CRV, Founders Fund, MyHeritage Ltd.

Primary Industry

Internet

Sub Industries

Molecular Science, Genetics & Gene Therapy, Social Networking & Communication Platform

Website

www.geni.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

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