Magic
Latest round
- Seed
Last raised
- Feb 2023
Total raised
- Undisclosed
Investors
- 1
About Magic
Based in California, US, and founded in 2022 by co-founders Chetan Kulhari, and David Guo, Vanndelay Industries, Inc. trading as Magic, operates as a financial technology company that empowers businesses to accept subscription payments. Magic's flagship product is a payment solution that allows businesses to accept payments directly from customers' bank accounts. The company's platform can be integrated into store and checkout, as well as it is compatible with commerce and accounting platforms such as ShopifyPlus, Sage, Xero, and WOO. The platform also helps its users boost annual revenue, reduce processing fees, and decrease fraud and chargebacks.
Who invested in Magic
1 investor across 1 round
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Funding rounds
Seed
Feb 6, 2023
Amount
Undisclosed
Investors
Questions about Magic
Who invested in Magic?
Magic has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Magic raised?
Magic has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Magic last raise money?
Magic's most recent round on record is a Seed, in Feb 2023.
What does Magic do?
Based in California, US, and founded in 2022 by co-founders Chetan Kulhari, and David Guo, Vanndelay Industries, Inc.
Where is Magic headquartered?
Magic is headquartered in San Francisco, US.
Which VCs invest in companies like Magic?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Magic's stage. Their profiles are linked below.
VCs backing software startups at Seed
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