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Genie AI

Entrepreneur First '18

London, GB Β· Founded 2018 Β· 5 known investors

genieai.co β†—

GenieAI is a legal AI platform that drafts, reviews, edits, and negotiates contracts autonomously based on a company's own rules and standards, using a proprietary "Eidetic Intelligence" architecture. It targets business and commercial teams β€” founders, operators, and legal departments β€” handling high volumes of agreements such as NDAs, MSAs, and partnership terms across industries like technology, energy, and construction.

Also known as Genie Β· Genie AI Ltd Β· GenieAI

AI & Machine LearningEnterprise SoftwareLegalTechSaaS

Founders & leadership

Genie AI was founded in 2018 by Rafie Faruq and Nitish Mutha.

RFRafie Faruq
Rafie FaruqinCo-founder Β· C0-f0under & C€ORafie Faruq completed a Master's in Machine Learning at University College London, where he also received an award in Computer Science, following earlier study at the London School of Economics. In 2014 he launched GivTree, a platform designed to help charities raise funds.
NMNitish Mutha
Nitish MuthainCo-Founder & CTONitish Mutha holds a Master's degree in Machine Learning from University College London, concentrating on deep learning and reinforcement learning. He relocated to the UK for that programme after working in India as a senior software engineer at the data processing firm ADP.

Investors Β· 5

Also in the syndicate Β· 2

Angel investorsConnect Ventureslead

Company profile

researched Aug 2026

GenieAI (genieai.co) is a legal artificial intelligence platform that lets business and legal teams draft, review, redline and negotiate contracts. The product combines a docx-compatible legal editor with AI agents that work against a customer's own playbooks, standards and prior contracts, producing tracked-changes edits, playbook-based risk reviews, document comparisons, tabular data extraction across document sets, template auto-filling and post-signature organisation of agreements. The company describes an underlying "Eidetic Intelligence" capability for handling complex multi-document deals without losing clauses, figures or cross-references, and positions the system as an organisation-wide "legal brain" that connects internal knowledge to Genie's own legal and commercial data.

The platform is sold in tiers (Free, Pro, Business, Enterprise) and covers 150+ jurisdictions and 10+ languages at the Enterprise level, with SSO, API and MCP integrations, connectors to email, CRM, cloud storage and e-signature tools, and a Microsoft Word add-in. Security posture claims include ISO 27001 certification, 256-bit encryption, UK ICO registration, GDPR compliance, and a stated policy of not training models on customer data; Genie says it improves instead via a proprietary corpus of 300K+ contracts, in-context learning and lawyer-rated benchmarking.

Sources are inconsistent on basic corporate facts: the company site and Business Insider give a 2017 launch/founding date, while one third-party database states 2019 and reports the Series A as October 2024 at $18M, versus the company timeline placing a $17.8M Series A in June 2023 and Business Insider dating the announcement to October 2024.

Founding story

Rafie Faruq and Nitish Mutha met while completing MSc degrees in machine learning at University College London, taught by figures associated with Google DeepMind, and began building GenieAI while still at UCL after identifying the potential of AI to widen access to legal knowledge. Faruq had previously been a bond and derivatives trader managing a Β£1bn portfolio and had run an earlier startup that reached tens of thousands of users; Mutha had spent five years as a software engineer before moving to the UK. The company traces its first spark to July 2017 and entered the Entrepreneur First programme in November 2017.

Business model

Subscription SaaS. Published plans are Free ($0, limited AI tokens, exports locked), Pro at $75/month monthly or $59/month billed annually ($708/year) for one user, Business at $320/month monthly or $259/month billed annually ($3,108/year) for five users, and Enterprise starting from $600/month with custom pricing based on team size, document volume and jurisdictional needs. Usage is metered in AI tokens and document-insight limits. Business Insider reports revenue comes from annual subscription fees based on usage.

Recurring per-seat and usage-metered subscriptions across freemium, Pro, Business and Enterprise tiers, with 20% discounts for annual prepayment and bespoke Enterprise quotes described as ROI-driven.

Traction

Company materials cite 200,000+ businesses/teams, 300K+ contracts and 10M+ clause revisions in its dataset, 150+ jurisdictions, a 4.6/5 review score and 500+ templates. At the Series A, Genie reported over 100,000 companies using the platform (up from 26,000 shown on its pitch deck), 11 FTSE100 companies, 20 Global200 law firms and 120+ jurisdictions. User-reported savings cited by the company are 3.32 hours per document and roughly 369 hours per person per year.

Latest developments

The company reports a $17.8M Series A led by GV with Khosla Ventures, followed by the release of AI agents able to complete 100+ document tasks at once, enterprise customer wins, a rebrand to "The Global Legal Brain," a Microsoft Word add-in, a Legal Workflow launch and a customer renewal by HoSt Energy Systems. The current site markets "Genie 3.0" and an agent suite spanning drafting, playbook review, negotiation in tracked changes, tabular insights and post-signature contract management, with MCP connectors and API integrations.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

Positions itself in the legal-tech/contract automation segment against Harvey AI, Robin AI and Leya, differentiating on an open freemium platform, a proprietary AI-enabled editor rather than a Microsoft Word-centric approach, playbook and standards encoding, and a proprietary legal dataset. It claims to have been the first generative-AI company in legal (2017) and reports 200,000+ business users.

Genie contrasts itself with general-purpose LLMs (Claude, ChatGPT) on capabilities such as reviewing against customer playbook rules, editing and negotiating in tracked changes, a collaborative legal editor for teams, comparison against a proprietary legal dataset, multi-document deal handling via Eidetic Intelligence, and building an organisation-wide legal brain with saved templates, playbooks and insights. Against legal-tech peers it cites an open freemium model and a proprietary privacy-aware editor rather than reliance on Microsoft Word, plus lawyer-benchmarked accuracy, published methodology, audit trails and a no-training-on-customer-data policy.

Technology

Generative and agentic AI applied to legal documents, built on eight years of development originating in the CEO's MSc machine learning thesis. Components include AI agents that execute multi-step drafting, review and negotiation workflows, a proprietary fully docx-compatible legal editor, playbook and rules encoding, and "Eidetic Intelligence" for multi-document deal recall. The company reports a proprietary corpus of 300K+ contracts and 10M+ clause revisions, in-context learning rather than training on customer data, and published NLP research (including an EMNLP paper with Oxford University). Accuracy is benchmarked by qualified lawyers at over 92%, and the company claims its agents outperform GPT and Claude by 140%.

Go-to-market

Freemium self-serve signup (no credit card, 30-second signup) with in-product upgrade paths, alongside a sales-led motion for Business and Enterprise using demo bookings, dedicated customer success managers, onboarding and bespoke AI training programmes. Content and templates (500+ open-sourced legal templates) act as an acquisition channel, and the company cites Trustpilot-style reviews (4.6/5) as social proof. Genie says it differentiates commercially through an open, freemium platform where competitors focus on Microsoft Word.

Business and commercial teams that contract at volume without large in-house legal departments, plus in-house legal and executive stakeholders who need control and audit. Named verticals include technology, energy (EPC and supply agreements) and construction (NEC, JCT and bespoke frameworks). Reported customers include 11 FTSE100 companies, 20 Global200 law firms, and enterprise accounts spanning football clubs, construction, energy and consulting; Black&McDonald and HoSt Energy Systems are named.

Geography

Headquartered in London, United Kingdom, with product coverage advertised across 150+ jurisdictions and 10+ languages (earlier materials cite 120+ jurisdictions and 108 jurisdictions of active use, and a 2019 launch across 52 countries). Series A proceeds were designated for expansion in the United States; the site serves an en-us regional version. A deployment reference for the energy sector (HoSt Energy Systems) and a Canadian-named customer (Black&McDonald) are listed.

History

From a July 2017 insight, Genie joined Entrepreneur First in November 2017 and closed pre-seed at a Β£1m valuation, then announced plans to draft contracts with generative AI. Law firm pilots with Clifford Chance, Pinsent Masons and Withers began in January 2018, followed by a Β£1.2m seed round with Connect Ventures and angels in June 2018 and a strategic shift toward business teams. It open-sourced 500+ templates in December 2018, launched across 52 countries in March 2019, published at EMNLP in June 2019, and shipped assistant versions v1 (2020), v2 (2021) and v3 (2022, 92% lawyer-rated accuracy), while representing the UK Government on AI trade missions in 2021. A $17.8M Series A led by GV and Khosla Ventures took total funding above $20M. Subsequent milestones listed by the company include first AI agents (Jan 2024), major enterprise customer wins (Jan 2025), a rebrand to "The Global Legal Brain" (Jan 2026), a Microsoft Word add-in (Mar 2026) and a Legal Workflow launch (May 2026).

Risks & controversies

Sources conflict on founding year (2017 per company and Business Insider; 2019 per one third-party database), Series A date (June 2023 per company timeline vs. October 2024 per press and database) and amount ($17.8M vs. $18M), and on employee count (a third-party database lists 1001-5000 employees, which is not corroborated elsewhere). Several headline metrics β€” 200,000+ businesses, 92% accuracy, 140% outperformance versus GPT and Claude, and time-savings figures β€” are self-reported by the company and not independently verified in the sources. The name is shared with an unrelated Toronto-based company at genieai.io, creating identification risk. The company operates in a crowded, well-funded legal-AI market alongside Harvey, Robin AI and Leya.

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Accuracy rated by qualified lawyersJun 202292%
Average time saved per document (user-reported)Oct 20243.3 hours
Average total time saved per person per year (user-reported)Oct 2024369.5 hours
Business plan list price (monthly billing)Jan 2026$320
Business plan price (annual billing)Jan 2026$259
Businesses / teams using the platformJan 2026200,000 businesses
Claimed agent performance vs GPT and ClaudeJan 2026Genie agents outperform GPT and Claude by 140% (company claim)
Clause revisionsJan 202610,000,000 revisions
Companies on funding pitch deck (prior figure)Oct 2024$26K
Companies using the platform (at Series A)Oct 2024100,000 companies
Contracts in proprietary corpusJan 2026300,000 contracts
Enterprise plan starting priceJan 2026$600
FTSE100 companies as customersOct 202411 companies
Global200 law firms as customersOct 202420 law firms
Jurisdictions coveredJan 2026150 jurisdictions
Lawyers involved in accuracy ratingOct 2024170 lawyers

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 21

launches, deals, and filings
Jul 2026
HoSt Energy Systems renews with GenieAI

Newsroom post lists a contract renewal by HoSt Energy Systems.

source β†—

May 2026
Legal Workflow launch

Launch of an agentic, organisation-aware legal workflow product.

source β†—

Mar 2026
Microsoft Word add-in launched

Blog post announces a GenieAI Microsoft Word add-in bringing AI-powered legal workflows into Word.

source β†—

Jan 2026
Rebrand to 'The Global Legal Brain'

Positioning shift toward standards infrastructure for legal and AI to agree contracts automatically.

source β†—

Jan 2026
ISO 27001 certification

Information security management independently audited and certified to ISO 27001; company registered with the UK ICO and GDPR compliant.

source β†—

Jan 2025
Major enterprise customers signed

Customers signed across football clubs, construction, energy and consulting businesses.

source β†—

Oct 2024
$17.8M Series A led by GV and Khosla Ventures

Series A of $17.8M (Β£13.3m) led by GV (Google Ventures) with Khosla Ventures, bringing total funding to over $20M; proceeds earmarked for US expansion and agentic AI development. Company timeline dates the round June 2023 while press and a database list it as October 2024.

$17.8M source β†—

Jan 2024
First AI agents released

Agents capable of completing 100+ document tasks at once.

source β†—

Jun 2022
GenieAI Assistant v3

Version 3 reported over 92% accuracy as rated by qualified lawyers.

source β†—

Jun 2021
Represented UK Government on AI trade missions

Participated in UK Government AI trade missions to Portugal, Spain, Austria and Switzerland.

source β†—

Jun 2021
GenieAI Assistant v2

Version 2 added risk review and contract editing.

source β†—

Jan 2020
GenieAI Assistant v1

First version of the AI assistant, able to draft contracts from scratch.

source β†—

Jul 2019
$2.5M grant

Grant round of $2.5M listed in a third-party startup database aggregation.

$2.5M source β†—

Jun 2019
AI paper published at EMNLP

Research paper published at the EMNLP NLP conference in collaboration with Oxford University.

source β†—

Mar 2019
Launch across 52 countries

Localised AI support and templates made available in major jurisdictions across 52 countries.

source β†—

Dec 2018
Open-sourced 500+ legal templates

Released more than 500 legal templates to help establish shared legal standards across UK and US industries.

source β†—

Jun 2018
Β£1.2m seed round

Seed round with Connect Ventures and a syndicate of angel investors.

source β†—

Jun 2018
Strategic shift to serving business teams

Company refocused from law firms to commercial/business teams contracting using AI plus their own company standards.

source β†—

Jan 2018
Pilots with major law firms

Started pilots with Clifford Chance, Pinsent Masons and Withers.

source β†—

Nov 2017
Accepted onto Entrepreneur First; pre-seed at Β£1m valuation

Genie joined the Entrepreneur First programme and closed pre-seed investment at a Β£1m valuation within three months.

source β†—

Jul 2017
Founding insight behind GenieAI

The founders' insight into applying generative AI to legal documents becomes the basis for the company.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Companies House Β· registry record

View on Companies House β†—
Registered name
GENIE AI LIMITED
Company number
11080520
Status
Active
Company type
Private limited company
Incorporated
23 Nov 2017
Registered office
241 Southwark Bridge Road, London, SE1 6FP
Nature of business (SIC)
62012 β€” Business and domestic software development
Previous names
GINIE AI LIMITED (2017–2018)
Accounts
last made up to 31 Jul 2025 Β· next due 30 Apr 2027
Confirmation statement
last made up to 22 Nov 2025 Β· next due 6 Dec 2026

Current officers Β· 2

  • Rafie Faruq β€” director, appointed 23 Nov 2017
  • Nitish Mutha β€” director, appointed 12 Feb 2018

Source: Companies House public register Β· retrieved 21 Aug 2026. Contains public sector information licensed under the Open Government Licence v3.0.

In the news

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Genie AI do?
London legal-AI company whose agents draft, review, redline and negotiate contracts against a company's own rules and playbooks.
Who founded Genie AI?
Genie AI was founded by Rafie Faruq, Nitish Mutha in 2018.
Who are Genie AI's investors?
Genie AI's investors include Entrepreneur First, GV (Google Ventures), Khosla Ventures.
Where is Genie AI headquartered?
Genie AI is headquartered in London, GB.