Magic
PrivateLast Round
Strategic
May 30, 2023
Est. Valuation
$500M
Total Funding Raised
$83M
Company Overview
Magic is a software company that provides a wallet-as-a-service (WaaS) and passwordless authentication solution, enabling developers to integrate non-custodial wallet creation into their applications.
Sector
Crypto & Web3
Verticals
Blockchain Infrastructure, Digital Wallets, Digital Identity, Identity & Access
Business Model
B2B2C
Customer Profile
Usage-Based SaaS, Freemium, Subscription SaaS
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Magic Comparables
Compare Magic with similar companies based on industry and business-model similarity.
Magic Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Strategic | May 30, 2023 | ||||
| Series A | Jul 22, 2021 | ||||
| Seed | May 29, 2020 |
Magic Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Refactor Capital | Seed |
| Cherubic Ventures | Seed, Strategic, Series A |
| SV Angel | Seed, Series A |
| PayPal Ventures | Strategic |
| Northzone | Strategic, Series A |
| Social Capital | Seed |
| Winklevoss Capital | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Nov 21, 2025
Added Btcdex as a customer
- May 30, 2023
$52M round led by PayPal Ventures.
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 Magic's valuation, stock price, and market status.