Genies lets users express themselves with avatars.
Genies lets users express themselves with avatars.
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Genies raises $150M at over $1B valuation for metaverse avatars

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Metaverse avatar company Genies has raised $150 million at a valuation above $1 billion.

Los Angeles-based Genies makes avatars that people can customize to their own needs, and it also provides celebrities with avatars that can be used as stand-ins for them at online events. The company also sees them as enabling people to jump around from different places in the metaverse while keeping the same identity.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.