About Genius NY
Genius NY, an accelerator and incubator program founded in 2017, is based in Syracuse, United States. With a presence in 5 countries, it has supported around 23 startups in sectors like High Tech, Enterprise Applications. As of Jul 2026, Genius NY has witnessed 2 portfolio exits. Most notable companies in
its portfolio include Dexory, Vermeer and Ascent AeroSystems. The program is backed by a team of 13 people who primarily support Grant (prize money) startups based in United States. Its latest investment was a $3M Seed round in Flox on Feb 25, 2026, which also saw participation from Tilia Impact Ventures and Satgana.
Key Metrics
Founded Year
2017
Location
Syracuse, United States
Sectors of Investment
Stages of Investment
Grant (prize money) & Seed
Locations of Investment
Genius NY's List of Top Investments
Genius NY has a portfolio of 23 companies. Their most notable investments are in Fotokite and Fotokite.Their portfolio spans across United States, United Kingdom, Australia and 2 more locations. They have invested in High Tech, Enterprise Applications, Aerospace, Maritime and Defense Tech and 11 other sectors, across stages such as Grant (prize money), Seed stages. Here is the list of top investments by Genius NY:
1. Dexory
Developer of autonomous robots and software for warehouse inventory management. These systems perform automated scanning of storage facilities to capture physical stock data. The platform integrates this information with existing warehouse management systems to identify discrepancies and monitor space utilization. Analytical tools process the collected data to provide insights regarding stock accuracy, item placement, and operational efficiency. The technology functions to replace manual audit processes by providing visibility into inventory levels and facility conditions.
Key facts about Dexory
- Founded Year: 2015
- Location: Wallingford (United Kingdom)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $205M
- Employee Count: 220 as on May 31, 2026
- Investors: Atomico, Kindred Capital and 36 Others
- Latest Funding Round: Series C, Mar 26, 2026, $*****
- Highlight: Editors' Pick

2. Vermeer
Provider of an AR-based drone control system. It designs a flight in an augmented reality environment for the drone to execute it autonomously in the real world. The platform allows the user to move their phone camera through a miniature AR model of their location to create a path for the drone to mimic the exact motion and relative speed in the real world. The application is compatible with iOS devices.
Key facts about Vermeer
- Founded Year: 2015
- Location: Brooklyn (United States)
- Stage: Series A
- Total Funding till date: $16.8M
- Employee Count: 31 as on May 31, 2026
- Investors: Draper, Techstars and 8 Others
- Latest Funding Round: Series A, Oct 23, 2025, $*****
- Highlight: Editors' Pick
Ascent AeroSystems develops and manufactures small unmanned aerial vehicles. Developed a unique coaxial vehicle configuration that is more portable, more durable and simpler to operate than typical multi-rotor designs. It is a highly scalable platform and ideally suited for recreational, professional, commercial and military applications.
Key facts about Ascent AeroSystems
- Founded Year: 2014
- Location: Boston (United States)
- Stage: Acquired
- Employee Count: 26 as on May 31, 2026
- Investors: Genius NY and Dreamit
- Latest Funding Round: Seed, Sep 18, 2019, $*****
- Highlight: Acquired

4. Mast
Key facts about Mast
- Founded Year: 2016
- Location: Seattle (United States)
- Stage: Series B
- Total Funding till date: $61M
- Employee Count: 45 as on May 31, 2026
- Investors: Spero Ventures, YX Capital and 34 Others
- Latest Funding Round: Series B, Feb 12, 2025, $*****

5. Fotokite
Developer of public safety drones for first responders. It provides situational awareness through elevated perspectives without requiring piloting. The drones are designed for first responders and law enforcement. Its features include advanced camera systems with thermal and zoom capabilities. It also provides situational awareness for government operations and public safety teams
Key facts about Fotokite
- Founded Year: 2014
- Location: Zurich (Switzerland)
- Stage: Series B
- Total Funding till date: $37M
- Employee Count: 65 as on May 31, 2026
- Investors: Sony Innovation Fund, Swisscanto and 15 Others
- Latest Funding Round: Series B, Apr 11, 2024, $*****
- Highlight: Editors' Pick
Genius NY's Year-on-Year Investment Trends
Genius NY has invested in 23 companies over the last 9 years, with an average of 1 new investment annually in the last 5 years. As of Feb 2026, it has made 1 investment in this year. Its most recent first time investment was in Flox and most recent follow-on round was in Shannon Technology.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 0 | 0 | 0 |
2024 | 1 | 0 | 1 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 2 | 0 | 2 |
2020 | 0 | 2 | 2 |
2019 | 9 | 4 | 13 |
2018 | 3 | 0 | 3 |
2017 | 4 | 0 | 4 |
Genius NY's Investments by Stage
Genius NY has made 13 investments in Grant (prize money) stage with an average round size of $585K and 7 investments in Seed stage with an average round size of $1.01M.Stage of entry | No. of Investments |
|---|---|
Grant (prize money) | 13 |
Seed | 7 |
Note: We have considered here, only first round of investments
Genius NY's Investments by Sector
Genius NY has a diverse portfolio, with companies operating in the High Tech, Aerospace, Maritime and Defense Tech, Enterprise Applications, Environment Tech and Industrial Goods and Manufacturing. Notably, it has invested in 15 Enterprise (B2B) companies, 15 Tech companies, 9 Software companies and at least 6 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
High Tech | 9 |
Aerospace, Maritime and Defense Tech | 8 |
Enterprise Applications | 7 |
Environment Tech | 3 |
Industrial Goods and Manufacturing | 3 |
Others | 16 |
Note: We have considered here, only first round of investments
Genius NY's Investments by Geography
Genius NY has made most investments in United States (16), followed by Australia where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 16 |
Australia | 1 |
China | 1 |
Switzerland | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Genius NY's recent investments
Genius NY has made 1 investments in 2026 so far - Flox.Here are the most recent investments by Genius NY:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 25, 2026 | United States | Seed | 2934 | ||
Apr 10, 2024 | United States | Grant (prize money) | 5874 | - | |
Oct 26, 2021 | United States | Grant (prize money) | 4163 | - | |
Oct 26, 2021 | United States | Grant (prize money) | 1026 | - | |
Sep 23, 2020 | China | Grant (prize money) | 7328 | - |
Acquired companies in Genius NY's Portfolio
2 companies from Genius NY's portfolio have been acquired. The most recent acquisition was Ascent AeroSystems in Apr 2024 by Robinson Helicopter for $*****.Here are Genius NY's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 23, 2024 | Mar 05, 2017 | Grant (prize money) | 9309 | |
Nov 17, 2022 | Mar 16, 2017 | Seed | 5680 |
Team profile of Genius NY
Genius NY has a team of 13 members including 1 Partner and 1 Principal located in United States. Genius NY's team does not sit on the board of any company as of now.Co-investors of Genius NY
Over the past 9 years, 91 investors have co-invested in Genius NY's portfolio companies. This includes funds and angels.
- Invested before Genius NY: Techstars, America’s Seed Fund and 7 others have invested in rounds before Genius NY. There are 3 companies where Techstars has invested before Genius NY and 2 companies where America’s Seed Fund has invested before Genius NY.
- Top Co-investors of Genius NY: 5 investors entered a company along with Genius NY. These include investors like Tilia Impact Ventures (1 company).
- Invested after Genius NY: A total of 77 investors have invested in Genius NY's portfolio after their investments. Top Investors include Village Global (2 companies) and Lakestar (1 company).
Recent News related to Genius NY
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ff Venture Capital Partners with GENIUS NY Accelerator as In-resident Investorff Venture Capital•Sep 12, 2023•ff Venture Capital, Genius NY
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Five Genius NY Startups Raise $10M + in Follow-on FundingUAS Vision•Sep 19, 2019•Genius NY, AutoModality, Civdrone, Fotokite and 2 others
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New York-Based Firm FfVC Backs Construction Site Marking Drone Startup CivdroneCTech•Aug 26, 2019•Civdrone, ff Venture Capital, Genius NY, AutoModality and 9 others
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