Magic AI
PrivateLast Round
Early Funding
8/29/2024
Est. Valuation
$1.5B
Total Funding Raised
$517M
Momentum Score
50 /100
Company Overview
Magic is a technology company specializing in artificial intelligence solutions that align with human values and enhance software development through advanced reinforcement learning and code automation.
Sector
AI, Data & Cloud Infrastructure
Verticals
ML Platforms, AI Training Infrastructure, DevOps & Containers, Workflow Automation, NLP & Conversational AI
Business Model
B2B
Customer Profile
Subscription SaaS, Usage-Based SaaS, Services & Consulting
AI Layer
Foundation
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Magic AI Comps
Public and private peers based on sector, stage, and business model.
Magic AI Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Early Funding | 8/29/2024 | ||||
| Series B | 2/19/2024 | ||||
| Strategic | 5/31/2023 | ||||
| Series A | 2/6/2023 | ||||
| Seed | 8/1/2022 |
Key People
Founding team and executive leadership
Magic AI Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Cherubic Ventures | Strategic |
| Jane Street | Early Funding |
| Northzone | Strategic |
| Sequoia Capital | Early Funding |
| KasikornX Venture Capital | Strategic |
| Amplify Partners | Series A |
| Volt Capital | Strategic |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 9, 2026
Job posting references 'Magic-Attention' compute kernels.
- Mar 19, 2025
Presented new MagicOS 10 at the Global Developer Conference in Shenzhen.
Magic AI 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 Magic AI's valuation, stock price, and market status.