Genuity provides a centralized platform for managing IT services and procuring business software at competitive prices. The startup addresses the challenge of fragmented IT management and high software costs, enabling businesses to streamline operations and reduce expenses.
Funding
$125K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many businesses struggle with fragmented IT management processes, leading to inefficiencies, increased costs, and difficulty in making informed technology decisions. They lack a centralized platform to effectively manage IT services, assets, and vendor relationships, hindering their ability to optimize IT spending and maintain a secure, compliant environment.
Solution
Genuity offers a SaaS platform designed to centralize and streamline IT management, providing businesses with a comprehensive suite of tools to manage their IT infrastructure and procurement processes. The platform includes an IT marketplace that leverages collective buying power to secure competitive pricing on software, hardware, and telecom services. Genuity's IT Admin Suite provides tools for SaaS and vendor spend management, contract management, IT asset management, telecom expense management, IT help desk, and network monitoring. By integrating these functionalities, Genuity enables businesses to gain visibility into their IT investments, optimize spending, and improve overall IT efficiency.
Target Audience
Genuity primarily targets IT professionals, finance managers, and business leaders in small to medium-sized businesses seeking to streamline IT management, reduce costs, and improve decision-making related to technology investments.
Features
- IT Marketplace: Source software, hardware, and telecom services at competitive prices through collective purchasing.
- SaaS & Vendor Spend Management: Gain visibility into SaaS subscriptions and vendor expenses to optimize spending.
- Contract Management: Centralize contract storage, set alerts for renewals, and manage access permissions.
- IT Asset Management: Track and manage all IT assets in real-time, including ownership, condition, and location.
- Telecom Expense Management: Track telecom expenses by location, service type, and feature.
- IT Help Desk: Manage IT support tickets and communication through a centralized interface.
- Network Monitoring: Monitor network traffic, applications, and systems to proactively identify and resolve performance issues.
- Microsoft Licensing: Discounted Microsoft 365 licenses with streamlined invoicing and US-based premier support.
- Security Solutions: Bundled security solutions including endpoint protection, email security, and security awareness training.
- ITaaS (Managed Services): Comprehensive IT management services to improve long-term effectiveness and efficiency.