Genuity Analysis: $125K Raised
What is Genuity?
Genuity offers a SaaS platform for businesses to manage IT and purchase software at wholesale rates, reducing expenses through community buying power.
Employees
31
Founded
2017
Revenue
$2-2.2M
Product Features & Capabilities
- Microsoft Solutions, Security Solutions, ITaaS (Managed Services), Telecom/VoIP, Business Software, Cyber Security, Cloud Solutions, Technology Management, IT Marketplace
Pricing
- $29.99 per company, per month with community subscription.
- Unlimited users & usage included.
- No credit card required for the free trial.
How much Genuity raised
- - $125K
September 01, 2021Lead Investor: Y Combinator
Who are the founders of Genuity
Market Focus
Genuity primarily focuses on the Information Technology (IT) industry, specifically as a Software as a Service (SaaS) platform that provides IT solutions for businesses.
Investors
- Y Combinator
- 10x Value Partners
- Counterpart Ventures
- Cathexis Ventures
- Global Founders Capital
Competitors Overview
Genuity operates in the IT solutions and SaaS market, facing competition from several notable companies. The main competitors include:
- ServiceNow: Holds the largest market share in IT Asset Management at 30.10%. It offers extensive features and capabilities, making it a robust choice for ent
Business Model
Subscription-based model with community pricing for IT services and flat-rate fees.
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