Magfi raised $1.1M in Seed funding led by Eleven Ventures to expand its team and automate its advertising processes.
Sep 03, 2024•12 months ago
Amount Raised
$1.1 Million
Round Type
seed
Investors
Eleven Ventures
Description
Magfi, a SaaS for simultaneous advertising on Telegram and Discord, has raised $1.1M in Seed funding led by Eleven Ventures. The investment will help Magfi expand its team and enhance its advertising automation processes.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers