MagicCube
Latest round
- Series C
Last raised
- Jan 2026
Total raised
- $21M
Investors
- 10
About MagicCube
MagicCube, Inc.Founded in 2014 in Santa Clara, US, MagicCube, Inc. specializes in mobile payment solutions. The founders, Nancy Zayed and Sam Shawki, have experience in technology startups. In January 2026, MagicCube, Inc., BOLD Capital Partners, Mosaik Partners, and ID Tech. MagicCube's primary offering is the i-Accept™ platform, a groundbreaking software-based solution that enables secure payment acceptance on modern mobile devices without the need for traditional hardware terminals. This innovative product allows any smartphone or tablet to function as a point-of-sale (POS) device, equipped to handle PIN transactions and biometric verifications. The i-Accept platform is designed to address the growing need for cost-effective, scalable payment solutions for a range of end users, including merchants of all sizes, from micro-businesses to large retailers. By eliminating the reliance on expensive payment terminals, i-Accept promotes enhanced operational efficiency and compliance with evolving cybersecurity standards.MagicCube generates revenue through a B2B model, particularly targeting acquirers and merchants interested in adopting its i-Accept™ platform. The company typically engages clients through subscription-based pricing plans, where businesses can access the i-Accept software via an app that they can deploy on their mobile devices. In this transaction structure, clients pay a fee to utilize the software, which integrates seamlessly with their existing backend systems, allowing for real-time payment processing. This model enhances the value proposition for retailers, as they significantly reduce hardware-related costs while increasing profit margins. The flagship i-Accept solution positions MagicCube favorably against competitors still reliant on traditional hardware, enabling the company to capture a growing market of retailers seeking efficient, cost-effective payment solutions.
Who invested in MagicCube
10 investors across 4 rounds
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Questions about MagicCube
Who invested in MagicCube?
MagicCube has 10 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has MagicCube raised?
MagicCube has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did MagicCube last raise money?
MagicCube's most recent round on record is a Series C, in Jan 2026.
What does MagicCube do?
MagicCube is a it security/cybersecurity company.
Where is MagicCube headquartered?
MagicCube is headquartered in Santa Clara, US.
Which VCs invest in companies like MagicCube?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back it security/cybersecurity companies at MagicCube's stage. Their profiles are linked below.
VCs backing it security/cybersecurity startups at Series C
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