Magic Eden

Financial ServicesSeries ASan Francisco, USmagiceden.io

Latest round

Series A

Last raised

Jun 2022

Total raised

$156M

Investors

8

About Magic Eden

Magic Eden operates as an NFT marketplace focused on facilitating digital asset transactions. Founded by Blanca Gonzales, Bradon Zhang, Jack L, Sidney Zhang, Zhuojie Zhou, and Zhuoxun Yin, the company is headquartered in San Francisco, US.Magic Eden operates as a comprehensive NFT marketplace that facilitates the buying, selling, and trading of non-fungible tokens (NFTs) across various blockchain platforms, including Solana, Bitcoin, Ethereum, Base, ApeChain, and Polygon.Magic Eden generates revenue primarily through transaction fees on NFT trades. Users create accounts to list their NFTs, with the platform facilitating exchanges between buyers and sellers via a commission-based structure that takes a percentage of each transaction. The company plans to design and launch new products aimed at improving user engagement, while also focusing on entering new geographic markets to broaden its client base.

Who invested in Magic Eden

8 investors across 2 rounds

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Funding rounds

  1. Series A

    Jun 14, 2022

    Amount

    $129M

    Investors

    Locked

  2. Seed

    Mar 9, 2022

    Amount

    $27M

    Investors

    Locked

Questions about Magic Eden

Who invested in Magic Eden?

Magic Eden has 8 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Magic Eden raised?

Magic Eden has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Magic Eden last raise money?

Magic Eden's most recent round on record is a Series A, in Jun 2022.

What does Magic Eden do?

Magic Eden operates as an NFT marketplace focused on facilitating digital asset transactions.

Where is Magic Eden headquartered?

Magic Eden is headquartered in San Francisco, US.

Which VCs invest in companies like Magic Eden?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Magic Eden's stage. Their profiles are linked below.

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