Photo - Genus AI
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Genus AI

USA, Tennessee
Market: Artificial Intelligence
Stage of the project: Operating business

Date of last change: 02.02.2024
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Idea

Generative AI platform for D2C and e-commerce brands. The platform generates product catalog images, seed audiences, copy and video to help brands grow efficiently across social channels

Current Status

Leading brands such as The Farmers Dog, Prose, Peter Thomas Roth, Lulus and many others are already using the platform with 11 million product images generated in 2023 alone. The platform processes over $200m USD spent on digital campaigns. In 2023 Genus AI revenue reached $1.6m with $2.5m projected in 2024. We are on track to be cash flow positive in Q3 2024.

Problem or Opportunity

The platform leverages AI to help brands grow efficiently across social channels such as Facebook, Instagram, TikTok, Pinterest and X improving their core KPIs such as CPA, AOV or ROAS.

Solution (product or service)

Genus AI is a generative AI platform for D2C and e-commerce brands. The platform generates product catalog images, seed audiences, copy and video. The platform is organized into a Creative Hub, Audience Hub and Reporting Hub to simplify and democratize access to cutting edge AI solutions for creative and performance marketers.

Business model

Genus AI is a SaaS platform with the monthly subscription fees ranging between $500 per month to $13k per month. Average Revenue Per Account per Year is ~$36k, we expect average customer lifetime to be 6 years with over $200k in life time value. Customer acquisition costs is between $2k-$3k with payback period of under 3 months. Monthly customer churn rate is 1.5% in 2023.

Incubation/Acceleration programs accomplishment

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