MagicBus
Latest round
- Seed
Last raised
- Nov 2015
Total raised
- $0.1M
Investors
- 2
About MagicBus
Founded in 2014 in San Francisco, US, MagicBus specializes in offering comprehensive vanpooling solutions. The company was established by Chris Upjohn, Cinthya Fung, and Jason Kraft.MagicBus specializes in providing innovative vanpooling solutions designed to enhance employee transit operations. Their flagship offering, the MagicRide Vanpooling App, facilitates dynamic vanpool scheduling, enabling riders to book seats and manage their commuting schedules in real-time. This technology allows employers, fleet managers, and HR teams to maintain and grow vanpool programs, addressing the logistical challenges of employee transportation efficiently. The platform supports features such as route crowdsourcing, where riders can suggest new routes, and a reporting dashboard that provides essential data for program evaluation and subsidy applications.MagicBus generates revenue primarily through subscription-based models and partnerships with businesses that facilitate employee transportation programs. Clients typically engage with the company by subscribing to the MagicRide Vanpooling App, which allows them to access a suite of tools for managing their vanpool initiatives. Revenue transactions may involve annual or monthly fees associated with app access, as well as potential costs linked to premium features or additional services like data analytics and reporting. The structure promotes long-term relationships with clients, allowing for scalable solutions tailored to their transit needs. The company has plans to expand its services into additional markets in North America to meet the growing demand for sustainable commuting solutions.
Who invested in MagicBus
2 investors across 1 round
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Funding rounds
Seed
Nov 1, 2015
Amount
$0.1M
Investors
Questions about MagicBus
Who invested in MagicBus?
MagicBus has 2 investors 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 MagicBus raised?
MagicBus has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did MagicBus last raise money?
MagicBus's most recent round on record is a Seed, in Nov 2015.
What does MagicBus do?
Founded in 2014 in San Francisco, US, MagicBus specializes in offering comprehensive vanpooling solutions.
Where is MagicBus headquartered?
MagicBus is headquartered in San Francisco, US.
Which VCs invest in companies like MagicBus?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at MagicBus's stage. Their profiles are linked below.
VCs backing internet startups at Seed
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