Fundz

Magical Brands reported raising $1 Million in an initial SEC Form D filing

PRIVATEMay 30, 2023

Amount Raised

$1 Million

$1 Million sold, per SEC Form D (first sale May 15, 2023)

Round Type

Seed

TampaHealthcare

Who else raised in Healthcare around the same time

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

  • Hummingbird Healthcare raised $1.2M (Seed) on May 9, 2023.
  • CurvaFix raised $24M on June 29, 2023.
  • ScriptDrop, Inc. raised $3M (Seed) on June 29, 2023.
  • TherapeuticsMD, Inc. raised $1.1M (Seed) on June 29, 2023.
  • TearClear Corp. raised $12M on June 29, 2023.
  • Quantumcyte raised $1.1M (Seed) on June 29, 2023.

Who to call at Magical Brands, and when

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

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

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Company Information

Company

Magical Brands

Location

1214 W CASS STREET

Tampa, Florida, United States

About

Magical Brands, formerly MagicalButter.com, is the #1 brand in the micro-extraction market. With a network of 20K retailers and 300K existing customers, we’ve built a bespoke cannabinoid brand house. Magical operates on 5 continents, and sold in 40+ countries with global B2C-B2B-D2C distribution partnerships. The Magical Butter MB2e device is the world’s first countertop botanical extractor, designed for infusing the essence of healthy herbs into butters, oils, lotions, and more. Dialing in on lifestyle, commercial, and experiential touch points, Magical’s trail-blazing innovation and product ecosystem defines and dominates the DIY edibles cannabis market.

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Magical Brands 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.