Magic AI

SoftwareSeries CSan Francisco, USmagic.dev

Latest round

Series C

Last raised

Aug 2024

Total raised

$460M

Investors

7

About Magic AI

Based in California, US, and founded in 2022, Magic AI Inc. provides a type of software that aids in the use of artificial intelligence to construct another program. The company was co-founded by its CEO Eric Steinberger. In January 2025, Flat Capital acquired an undisclosed stake in Magic AI Inc. for SEK 9 million. The company offers artificial intelligence platform that develops software via its neural network architecture. Additionally, the firm software helps to edit code in the entire repository.

Who invested in Magic AI

7 investors across 3 rounds

See all investors in Magic AI

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series C

    Aug 29, 2024

    Amount

    $320M

    Investors

    Locked

  2. Series B

    Feb 12, 2024

    Amount

    $117M

    Investors

    Locked

  3. Series A

    Feb 6, 2023

    Amount

    $23M

    Investors

    Locked

Questions about Magic AI

Who invested in Magic AI?

Magic AI has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Magic AI raised?

Magic AI has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Magic AI last raise money?

Magic AI's most recent round on record is a Series C, in Aug 2024.

What does Magic AI do?

Based in California, US, and founded in 2022, Magic AI Inc.

Where is Magic AI headquartered?

Magic AI is headquartered in San Francisco, US.

Which VCs invest in companies like Magic AI?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Magic AI's stage. Their profiles are linked below.

Raising like Magic AI? Find the right VCs.

Capital Atlas matches your startup to active investors by stage, sector and region.

Free to start. Upgrade when you're ready to reach out.