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Mirror Mirror On The Wall Who Is The Fittest Of Them All? Magic Raises $2.5 Million

PRIVATEJul 20, 2023

Amount Raised

$2.5 Million

Round Type

Seed

FitnessWellness

Investors

SFC CapitalFasanara Capital

Description

'Mirror mirror on the wall…please deliver me a hologram of someone who is going to whip me into shape!' That’s what you get with a MAGIC mirror. Really, you switch your mirror on and a trainer appears to go through a workout for you. No, this is not Evil Queen (Snow White) magic, this is AI and hologram stuff. It will also tell you if your 'form' is incorrect and count your reps, so there is basically nowhere to hide on your workouts

Quick answer

Magic AI raised $2.5 Million in a Seed round, dated July 20, 2023. Investors: SFC Capital and Fasanara Capital.

How much did Magic AI raise?
Magic AI raised $2.5 Million in a Seed round on July 20, 2023.
Who invested in Magic AI?
SFC Capital and Fasanara Capital are named as investors in this round.
What does Magic AI do?
MAGIC is the first in the world to allow users to perform exercises in front of an intelligent hologram mirror which uses our own custom computer vision software to correct real-time form, rep count, and give live..
Where is Magic AI based and how big is it?
Fundz records about 49 employees.
Who are the decision-makers at Magic AI?
Fundz holds 2 contacts at Magic AI. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Fitness and Wellness around the same time

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

  • KinoTek raised $2.3M (Seed) on August 18, 2023.
  • Hyperice raised an undisclosed amount on July 12, 2023.
  • Electronic Caregiver raised $95M (Series A) on June 12, 2023.
  • Rolla raised $6.9M (Seed) on August 3, 2023.
  • EGYM raised $225M (Funding Round) on July 5, 2023.

Who to call at Magic AI, and when

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

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

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Company Information

Company

Magic AI

About

MAGIC is the first in the world to allow users to perform exercises in front of an intelligent hologram mirror which uses our own custom computer vision software to correct real-time form, rep count, and give live feedback to give a completely hyper-personalised workout. We have combined this with our patent-pending dumbbells and co-created workout content with the world's leading athletes.

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

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

Related People

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

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