Fundz

Magic Ai reported raising $117 Million in an initial SEC Form D filing, from an offering of $117 Million

PRIVATEFeb 16, 2024

Amount Raised

$117 Million

$117 Million sold, per SEC Form D (first sale Feb 12, 2024)

Round Type

Venture

San FranciscoSoftwareArtificial IntelligenceMachine LearningNatural Language ProcessingLanguage Learning

Quick answer

Magic raised $117 Million in a funding round, dated February 12, 2024. Magic is based in San Francisco, California, United States.

How much did Magic raise?
Magic raised $117 Million in a funding round on February 12, 2024.
What does Magic do?
Magic is working on frontier-scale code models to build a coworker, not just a copilot.
Where is Magic based and how big is it?
Magic is based in San Francisco, California, United States.
Who are the decision-makers at Magic?
Fundz holds 1 contact at Magic, including the CTO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Natural Language Processing and Language Learning around the same time

Companies in the same sectors as Magic that raised within 45 days of this round, from Fundz verified event records.

  • Nvidia raised $2.1M (Seed) on February 2, 2024.
  • Ensis raised $4M (Seed) on March 28, 2024.
  • SambaNova raised $676M (Series D) on March 28, 2024.
  • Mindlogic raised $7.5M (Series B) on March 25, 2024.
  • Borderless AI raised $27M (Seed) on March 25, 2024.
  • CodaMetrix raised $40M (Series B) on March 12, 2024.

Who to call at Magic, and when

A new round usually means Magic is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Magic raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Magic, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Magic. With Fundz connected, it knows.

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Company Information

Company

Magic

Location

San Francisco, California, United States

About

Magic is working on frontier-scale code models to build a coworker, not just a copilot.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Magic raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsSebastian De R., CTO hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Magic's next move

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Magic raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.