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
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