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Magfi raised $1.1M in Seed funding led by Eleven Ventures to expand its team and automate its advertising processes.

Sep 03, 202412 months ago

Amount Raised

$1.1 Million

Round Type

seed

SarıyerMachine LearningSaasArtificial IntelligenceMarketingAdvertising

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.

Company Information

Company

Magfi

Location

Sarıyer, Istanbul, Turkey

About

Magfi Ads is the first and only platform that allows you to reach communities on platforms like Telegram, Discord, and WhatsApp (Beta) and advertise simultaneously.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers