General Magic

General Magic

Private

Last 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

insurance AI agentsAI agent platforminsurance workflow automationconversational AIInsurTechSMS automationautomated insurance quotingautomated claims coordinationlegacy system integrationAI reasoning layerP&C insurance softwareinsurance chatbotInsurTech SaaSAI copilotautonomous agents

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Unlock Pricing Charts

Sign up to view complete historical pricing and secondary transactions.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

General Magic Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

View Full Comps Set

Access detailed peer comparisons, multiples, and valuation benchmarks.

General Magic Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
SeedFeb 24, 2026
AcceleratorJul 1, 2025

General Magic Investors

Notable investors and investment history

InvestorRounds
a16z speedrunAccelerator, Seed
Comma CapitalAccelerator, Seed
Radical VenturesSeed

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.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation

General Magic Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about General Magic's valuation, stock price, and market status.

Firmographic Details

HeadquartersToronto
Year Founded2024
Last FundingFeb 24, 2026

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.







Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.