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Magic Ai Secures $2.5M To Offer Personal Training With Sports Superstars

PRIVATEJul 21, 2023

Amount Raised

$2.5 Million

Round Type

Seed

FitnessWellness

Investors

Signal Ai Co Founder Miguel MartinezJust Park Ceo Anthony EskinaziRichard BransonCoo Of Citigroup Cameron DickSFC CapitalFasanara Capital

Description

MAGIC AI, an innovative AI personal trainer, has announced a $2.5 million investment led by Fasanara Capital. SFC Capital have also invested along with a who’s who of British angel investors, including Richard Branson, JustPark CEO Anthony Eskinazi, Signal AI co-founder Miguel Martinez, and COO of Citigroup Cameron Dick. The company will use the funding to launch their fitness product across the UK.

Quick answer

Magic AI raised $2.5 Million in a Seed round, dated July 21, 2023. Investors: Signal Ai Co Founder Miguel Martinez, Just Park Ceo Anthony Eskinazi, Richard Branson, Coo Of Citigroup Cameron Dick, SFC Capital and Fasanara Capital.

How much did Magic AI raise?
Magic AI raised $2.5 Million in a Seed round on July 21, 2023.
Who invested in Magic AI?
Signal Ai Co Founder Miguel Martinez, Just Park Ceo Anthony Eskinazi, Richard Branson, Coo Of Citigroup Cameron Dick, 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.

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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.

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Related People

2 contacts
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