General Magic
PrivateLast Round
Seed
Feb 24, 2026
Total Funding Raised
$8.4M
Company Overview
General Magic is an AI-InsurTech company that provides AI agents to automate workflows for the insurance industry.
Sector
FinTech
Verticals
InsurTech, NLP & Conversational AI, Workflow Automation, Vertical SaaS, Customer Experience
Business Model
B2B
Customer Profile
Subscription SaaS, Usage-Based SaaS, Services & Consulting
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
General Magic Comps
Public and private peers based on sector, stage, and business model.
General Magic Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Seed | Feb 24, 2026 | ||||
| Accelerator | Jul 1, 2025 |
General Magic Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| a16z speedrun | Accelerator, Seed |
| Comma Capital | Accelerator, Seed |
| Radical Ventures | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Feb 24, 2026
$7.2M raised in Seed round.
- Jul 1, 2025
$1.2M raised in an accelerator round.
General Magic Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about General Magic's valuation, stock price, and market status.