Company Overview
Snapshot
Founded in August 2021 by Jason Wolf and Gilad Parann-Nissany, Genie operated with 1–10 employees. The company raised $1.7M across one funding round from one investor. In July 2023, Genie launched its AI-powered app, which achieved 99% scam blocking accuracy.
Business overview
Genie developed an AI-powered solution designed to protect users from scammers and spammers by autonomously answering incoming communications. The technology blocks unwanted callers while allowing accepted ones through, providing users with information about who is contacting them and why. Genie also enables users to forward suspicious text messages or emails for AI analysis, determining intent and identifying harmful content. The company operates in the Cyber Security sector, focusing on endpoint security and serving consumers with B2C, B2G, and B2B2C business models.
Strategic signal
In July 2023, Genie launched an AI-powered app that demonstrated a 99% scam blocking accuracy. This development signals a significant advancement in consumer-facing cybersecurity, showcasing the company's capability to deliver highly effective and reliable protection against digital threats. For investors, this indicates strong product validation and potential for market penetration in the anti-scam solution space, particularly given the growing prevalence of such threats.
Log in to access full profile ›Company Intelligence Q&A
- What is Genie's primary offering?
- Genie offers an AI-powered anti-scam solution that uses advanced artificial intelligence to answer incoming communications on a user's behalf, blocking unwanted callers and identifying harmful content in suspicious texts or emails.
- When was Genie founded and by whom?
- Genie was founded in August 2021 by co-founders Jason Wolf and Gilad Parann-Nissany.
- What was a key product launch for Genie?
- In July 2023, Genie launched its AI-powered app, which achieved a 99% scam blocking accuracy, demonstrating its effectiveness in protecting users.
- What is Genie's primary business model?
- Genie operates with B2C, B2G, and B2B2C business models, serving consumers directly and through partnerships.
- What is the current operational status of Genie?
- Genie is currently non-active and ceased to operate in February 2025.