The Spanish startup Genial.ly, a technological platform for the creation of interactive content, has closed an investment round raising 5 million dollars. This round was led by JME Ventures, GP Bullhound, Market One Capital, Athos Capital Fund, FJ Labs and private investors such as Félix Ruiz (Tuenti, Jobandtalent, Playtomic). The funds will go towards the growth in key markets like that of the U.S.–where the company has its New York office–the expansion of Genially’s team and the continued improvement of its product.
This funding round joins previous rounds where economic momentum was provided by Business Angels and Venture Capital as well as public funds such as those of SOPREA and ENISA. According to Juan Rubio, co-founder and CEO of Genial.ly, “this new capital injection will support our ambitious expansion plan for the upcoming months. We are very pleased to have closed this round successfully and have funds from prestigious and international sources,”.
Genial.ly is a visual and interactive content creation tool that has entered into the ring with other giants in the world of creativity software such as Prezi and Canva. Its differential value focuses on interactivity, highlighting digital content and making the creation of effective, stunning content available to everyone, regardless of their design and programming knowledge,
With Genially, it is possible to create over 25 types of creations that include a full range of options: presentations, interactive images, dossiers, business proposals, infographics, gamification and learning experiences.
Genial.ly was founded in 2015 and has grown exponentially, both in terms of revenue and number of registered users. In just 4 years, the Spanish company has acquired users from all the world’s countries and clients in over 100 countries. Currently, Genially has offices in Córdoba, Madrid, Málaga and New York and has over 3 million registered users around the world.
BUSINESS MODEL
Genial.ly has grown especially quickly in the areas of education, marketing and media. It has clients with diverse profiles, from large brands Michelín, Porsche, Hulu, Santander Bank, Santillana and Telefonica to education centers Oxford, Cambridge, New York University (NYU) and UCSF.
Large corporations have realized that they are still working with the same tools we used 20 years ago. The same thing is happening in the education sector where technology is gaining importance. Recently, the Spanish company Genial.ly won the Global Edtech Startup Awards (GESA), a prestigious international event for the world of innovation and education that takes place at BETT (London) where Genial.ly was chosen as the best startup of the future.
The GESAwards, a MindCET initiative sponsored by Google Cloud, is now in its sixth year. It aims to identify startups that are world leaders in innovation and that address key market needs, all while demonstrating their potential for international growth. GESA has taken on a leading role in advancing innovation in education by supporting emerging companies that offer solutions to current problems.