Genie
Genie is a technology company.
Financial History
Genie has raised $6.6M across 3 funding rounds.
Frequently Asked Questions
How much funding has Genie raised?
Genie has raised $6.6M in total across 3 funding rounds.
Genie is a technology company.
Genie has raised $6.6M across 3 funding rounds.
Genie has raised $6.6M in total across 3 funding rounds.
Genie has raised $6.6M in total across 3 funding rounds.
Genie's investors include Antler, New Enterprise Associates, Y Combinator, Suhail Doshi, Tim Griffin.
Genie Technologies Inc. (GenieTech) is a Philippines-based IT company established in 1999, initially focused on retail management software for the Philippine retail industry and now providing business solutions, consulting, and support services to small, mid-sized, and large enterprises across various industries in Southeast Asia.[1] With approximately 85 employees and annual revenue of around $20 million, it serves the business services sector, leveraging technologies like PHP, Google tools, and Automattic platforms to deliver enterprise software and IT support.[1]
The company solves operational challenges for retailers and other businesses through tailored software and consulting, targeting SMEs and large firms in SEA with scalable solutions that have driven steady employee growth, though specific recent momentum details are limited.[1]
Genie Technologies Inc. was founded in 1999 in the Philippines, starting as a provider of retail management software specifically for the local retail industry.[1] Over the years, it evolved from a niche software developer into a broader Information Technology company, expanding its offerings to include business solutions, consulting, and support services for diverse enterprises in Southeast Asia.[1] Key details on specific founders or pivotal early traction moments are not available in public records, but its growth reflects adaptation to regional market demands, now operating from headquarters at 7th & 10th Floors, Alphaland Southgate Tower in Manila.[1]
(Note: Other entities like Genie Technologies LLC focus on IT asset disposition and e-waste recycling with DoD-compliant data sanitization, but they appear distinct from the primary Philippines-based software firm.[3])
Genie Technologies rides the wave of digital transformation in Southeast Asia's retail and SME sectors, where demand for affordable, localized business software is surging amid e-commerce growth and post-pandemic recovery.[1] Timing aligns with SEA's expanding tech adoption, as enterprises seek scalable IT consulting to compete regionally. Market forces like rising retail digitization and the need for integrated business solutions favor its model, influencing the ecosystem by enabling smaller firms to adopt enterprise-grade tools without heavy upfront costs.[1]
Genie Technologies is poised for continued expansion in SEA's IT services market, potentially deepening integrations with cloud tools and AI-driven analytics to enhance retail and business software offerings. Trends like regional e-commerce boom and sustainability-focused IT consulting will shape its path, evolving its influence from a Philippines staple to a broader SEA player. As one of several "Genie" tech entities, its retail software roots position it uniquely for momentum in underserved markets.[1]
Genie has raised $6.6M across 3 funding rounds. Most recently, it raised $6.0M Seed in July 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2025 | $6.0M Seed | Antler, New Enterprise Associates, Y Combinator | |
| Sep 1, 2024 | $500K Seed | Y Combinator, Suhail Doshi, Tim Griffin | |
| Jul 1, 2021 | $120K Seed | Antler |