Magiclane

SoftwareSeries ABangalore, Indiaverloop.io

Latest round

Series A

Last raised

Nov 2021

Total raised

$19M

Investors

7

About Magiclane

Magiclane, Inc.Founded in 2016, Magiclane, Inc. operates as a customer service automation provider. The company is headquartered in Bangalore, India. Gaurav Singh, the CEO and founder, previously founded other ventures prior to establishing Magiclane.Magiclane, Inc.io, an AI-powered customer service automation platform that streamlines customer interactions across various channels such as WhatsApp, Messenger, and Instagram direct messages. The platform leverages large language model (LLM) technology to address repetitive customer queries, thereby optimizing the efficiency of customer service agents. Their services cater to a wide range of industries, including e-commerce, banking, travel, and real estate, with a strong presence in the USA, UAE, and India.In the most recent financial year, Magiclane, Inc.4.Magiclane, Inc. is focusing on developing new products to enhance its customer service offerings, with plans to introduce additional features in the upcoming months. The company aims to expand its market reach into regions beyond its current operations, specifically targeting new markets in Southeast Asia by mid-2025.

Who invested in Magiclane

7 investors across 6 rounds

See all investors in Magiclane

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 A

    Nov 8, 2021

    Amount

    $6.3M

    Investors

    Locked

  2. Series A

    Aug 25, 2020

    Amount

    $5M

    Investors

    Locked

  3. Series A

    Aug 6, 2020

    Amount

    $3.5M

    Investors

    Locked

  4. Seed

    Aug 23, 2019

    Amount

    $1.1M

    Investors

    Locked

  5. Series A

    Nov 26, 2018

    Amount

    $3M

    Investors

    Locked

  6. Seed

    Nov 1, 2016

    Amount

    Undisclosed

    Investors

    Locked

Questions about Magiclane

Who invested in Magiclane?

Magiclane has 7 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Magiclane raised?

Magiclane has raised 6 venture rounds. Sign up free to see how much each round raised and the total.

When did Magiclane last raise money?

Magiclane's most recent round on record is a Series A, in Nov 2021.

What does Magiclane do?

Magiclane is a software company.

Where is Magiclane headquartered?

Magiclane is headquartered in Bangalore, India.

Which VCs invest in companies like Magiclane?

Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Magiclane's stage. Their profiles are linked below.

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