Genie AI

Genie AI was founded in 2018 by Rafie Faruq and Nitish Mutha at University College London, with a mission to make legal services faster, more affordable, and accessible to every business — not just those that can afford law firms. The legal industry was ripe for disruption: contract turnaround times were slow, legal bills were high, and the process of drafting, reviewing, and negotiating agreements remained locked behind professional gatekeepers. Genie's founders, both machine learning specialists, saw that the structured nature of legal contracts made them ideal for AI automation and set about building the first generative AI company focused exclusively on the legal industry.

Genie AI's platform is a fully agentic, AI-native legal editor that empowers commercial teams to create, review, and negotiate legal agreements independently. The product is built around a proprietary DOCX-compatible editor that handles track changes, Word styles, and document imports natively — enabling AI agents to directly modify contracts while keeping users in the loop to approve changes. Features include clause-level red flag analysis, AI-driven contract generation tailored to each user's specific business context, and a library of over 50,000 open-source legal templates. The platform is designed for businesses, not lawyers, and has been adopted by over 130,000 companies across the UK, US, and beyond.

Genie AI raised $20 million in Series A funding led by Google Ventures and Khosla Ventures, having previously secured £2 million in seed funding including a £800,000 UKRI grant. The company has been named one of the 1,000 largest AI companies in Britain by the Startup Coalition, won 'Best Place to Work' in the startups category from The Sunday Times, and continues to grow aggressively through international expansion and strategic acquisitions.