AI/ML
Magic
Magic raises $320M Series C at $1.5B valuation
$320M
Total Raised
Series C
Latest Round
2023
Founded
100+
Employees
San Francisco, CA
1 min read
Quick Facts
Valuation
$1.5B
Latest Round Size
$320M
Latest Round Date
August 2024
Magic: Series C Funding Round
Magic has successfully raised $320M in Series C funding, reaching a valuation of $1.5B.
Company Overview
AI coding startup enabling developers to work with AI for building applications
Funding Details
The Series C round was led by CapitalG, with participation from Elad Gil.
Company Information
- Headquarters: San Francisco, CA
- Founded: 2023
- Employees: 100+
- Category: AI/ML
Investment
Magic plans to use the funds to accelerate product development, expand its team, and scale operations globally.
About the Investors
- CapitalG: Verified investor in Series C
- Elad Gil: Verified investor in Series C
Key Investors
CapitalG
Lead Investor
Verified investor in Series C
Elad Gil
Investor
Verified investor in Series C
About the Author
Editorial Team
Curated funding news from verified sources
Related Company Reports
AI/ML
Quilter
Quilter raises $25M Series B at $140M valuation
Quilter raises $25M in Series B at $140M valuation. AI-driven PCB layout technology for electronic design automation...
Editorial Team
Oct 10, 2025
1 min read•$25M
AI/ML
Burnt
Burnt raises $3.8M Seed at $20M valuation
Burnt raises $3.8M in Seed at $20M valuation. AI automation for food supply chain operations and logistics...
Editorial Team
Oct 8, 2025
1 min read•$3.8M
AI/ML
Hugging Face
Hugging Face Headquarters - Office Location & Address
Discover Hugging Face's headquarters at 228 Park Ave S, New York, NY 10003. AI community and model hub. Learn about the office facilities and work environment.
Editorial Team
Oct 5, 2025
2 min read