Genesis Raises $200M in Series C Funding

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Summary

Genesis, a NYC-based application development platform purpose-built for financial markets organizations, raised $200m in funding. The round was led by Tiger Global Management, with participation from Accel, GV (formerly Google Ventures), Illuminate Financial, Insight Partners, Salesforce Ventures and Tribeca Early Stage Partners. The company intends to use the funds to expand the Genesis platform, developer community and uts “buy-to-build” model. Led by CEO Stephen Murphy, Genesis provides a platform that integrates with a firm’s technology ecosystem to power application development via composable and customizable components, dev tools and an interactive UI. Native-built with modern technologies, an event-driven architecture and numerous internal and external APIs, the platform enables users to handle the performance and scalability needs of the world’s premier financial markets institutions.

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