Genius (Media Company)

Provider of a lyrics interpretation platform intended to help people to share facts and insights about songs

    Description

    Provider of a lyrics interpretation platform intended to help people to share facts and insights about songs. The company's platform interprets rap, hip-hop and pop songs through user-generated internal hyperlinks and offers embeddable annotations on other types of content, enabling users to remain updated with musical knowledge.

    Company Status

    The company raised $15 million of Series B2 venture funding in a deal led by Everblue Management on March 5, 2018, putting the company's pre-money valuation at $90 million. Daniel Gilbert, Andreessen Horowitz, Ashton Kutcher and Guy Oseary also participated in the round. The funds will be used to amplify work in original content and video, community development, live events and strategic partnerships with streaming services and new platforms.

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    Service Providers
    General Services
    NameType
    Herrington & SutcliffeLegal Advisor
    Services on a Deal
    NameType
    Herrington & SutcliffeLegal Advisor
    General Information
    • Company Former Name
      Rap Genius
    • All Industries
      Application Software, Information Services (B2C), Movies, Music and Entertainment*, Social Content
    • Company Financing Status
      Venture Capital-Backed
    • Total Raised
      $82.60M
    • Business Status
      Generating Revenue
    • Ownership Status
      Privately Held (backing)
    • Universe
      Venture Capital
    • Website
    • Year Founded
      2009
    Financials
    in thousands, USD
    • Revenue
      10.00
    • Fiscal Period
      FY 2017
    Acquirers
    First Financing
    • First Financing Date
      August 22, 2011
    • First Financing Deal Type
      Accelerator/Incubator
    • First Financing Deal Class
      Other
    • First Financing Status
      Completed
    Last Financing
    • Last Financing Date
      March 5, 2018
    • Last Financing Size
      $15.00M
    • Last Financing Size Status
      Actual
    • Last Financing Valuation
      $105.00M
    • Last Financing Valuation Status
      Actual
    • Last Financing Deal Type
      Later Stage VC
    • Last Financing Deal Type 2
      Series B2
    • Last Financing Deal Class
      Venture Capital
    • Last Financing Status
      Completed
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