Geniemode raises $50 million in Series C funding for global expansion

Geniemode, a design-led apparel sourcing platform, has raised over $50 million in a Series C funding round led by Multiples Alternate Asset Management, aiming to enhance its technology-driven supply chain and expand globally into new markets. Co-founders Amit Sharma and Tanuj Gangwani emphasized the platform's commitment to innovation, sustainability, and ethical sourcing, with plans to leverage AI-driven design capabilities to remain competitive. With a presence in over 10 countries and offices in major cities like New York and London, Geniemode aims to streamline sourcing for over 200 global buyers and suppliers. The company reported projected revenues of $140 million for FY2025, marking significant growth from previous years. Multiples, which also invested in Geniemode's earlier funding rounds, highlighted their strategy to support disruptive businesses in large markets through technology. The Raine Group acted as the exclusive financial advisor for this transaction.