Latest round

Seed

Last raised

Oct 2024

Total raised

$3.9M

Investors

11

About Magma

Founded in 2023 and headquartered in Miami, US, Magma operates as an independent blockchain platform.Magma specializes in innovative software solutions designed to improve user experience across multiple sectors, including healthcare, finance, and retail. Their product suite focuses on operational efficiency and data management, offering tools for workflow automation, data analytics, and customer engagement.Magma's revenue model relies primarily on a subscription-based structure, providing clients with continuous access to its software products. This model facilitates tailored packages that meet individual client needs, promoting long-term relationships and ongoing support.9 mn to enhance its exchanging platform. This initiative includes the design and launch of new software products aimed at expanding its market presence in North America and Europe. The company is actively targeting growth in specific geographic regions and sectors to meet diverse client demands and enhance their operational efficiencies.

Who invested in Magma

11 investors across 1 round

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Funding rounds

  1. Seed

    Oct 30, 2024

    Amount

    $3.9M

    Investors

    Locked

Questions about Magma

Who invested in Magma?

Magma has 11 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 Magma raised?

Magma has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Magma last raise money?

Magma's most recent round on record is a Seed, in Oct 2024.

What does Magma do?

Founded in 2023 and headquartered in Miami, US, Magma operates as an independent blockchain platform.

Where is Magma headquartered?

Magma is headquartered in Miami, US.

Which VCs invest in companies like Magma?

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

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