# Magic funding: rounds and investors

> Magic has raised $66M across 5 rounds since 2014. Investors include Y Combinator, Sequoia Capital and Alumni Ventures. Every round with its source.

Source: https://millionrounds.com/company/magic (Millionrounds; every figure on the page links to its filing or article)

United States · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Magic*

5 rounds we have observed, with the 24 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Consumer Apps

Y Combinator: W15

Funding summary Updated 26 Oct 2026

**$66M** raised across 5 rounds since 2014, from 8 sources

**$120K** Seed **$52M** Series B **$3.4M** Seed **$805K** Venture **$10M** Seed

- **Latest round:** Seed, $10M Oct 2025
- **Biggest round:** $52M Series B · May 2023
- **Step-up i:** 12.4×
- **Investors:** 24

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2016 2018 2020 2022 2024

**$120K** Seed

**$52M** Series B

**$3.4M** Seed

**$805K** Venture

**$10M** Seed

- **First round:** Seed, $120K
- **Biggest round:** $52M
- **Usual gap between rounds:** 19 months

## The rounds

- **Oct 2025** Seed **$10M** *6 new* [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) [SFC Capital](https://millionrounds.com/fund/sfc-capital) [Floodgate](https://millionrounds.com/fund/floodgate) [Bling Capital](https://millionrounds.com/fund/bling-capital) [Fasanara Capital](https://millionrounds.com/fund/fasanara-capital) [Ventures Together](https://millionrounds.com/fund/ventures-together) Source recorded and 1 other
- **Jan 2025** Venture **$805K** *4 new* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Quiet Capital](https://millionrounds.com/fund/quiet-capital) [Amplify Partners](https://millionrounds.com/fund/amplify-partners) [10x Founders](https://millionrounds.com/fund/10x-founders) Source recorded SEC filing: $321M sold, first sale Mar 2024
- **Jun 2023** Seed **$3.4M** *5 new* *1 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) [Soma Capital](https://millionrounds.com/fund/soma-capital) [MV Global](https://millionrounds.com/fund/mv-global) Source recorded and 1 other SEC filing: $28M sold, first sale Jun 2022
- **May 2023** Series B **$52M** *8 new* [SV Angel](https://millionrounds.com/fund/sv-angel) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Northzone](https://millionrounds.com/fund/northzone) [GTMfund](https://millionrounds.com/fund/gtmfund) [Unusual Ventures](https://millionrounds.com/fund/unusual-ventures) [CoinFund](https://millionrounds.com/fund/coinfund) [Sunstone Management](https://millionrounds.com/fund/sunstone-management) Source recorded and 1 other SEC filing: $28M sold, first sale Jun 2022
- **Dec 2014** Seed **$120K** *1 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) From a historical funding record

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2014 **Series B** 2023 **Seed** 2023 **Venture** 2025 **Seed** 2025 [Y Combinator](https://millionrounds.com/fund/y-combinator) [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [General Catalyst](https://millionrounds.com/fund/general-catalyst) [SV Angel](https://millionrounds.com/fund/sv-angel) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) [Soma Capital](https://millionrounds.com/fund/soma-capital) [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau)

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **2** rounds

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **1** round

[Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round

[General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **1** round

[SV Angel](https://millionrounds.com/fund/sv-angel) VC firm **1** round

[Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **1** round

[Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) VC firm **1** round

[Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) VC firm **1** round

[Soma Capital](https://millionrounds.com/fund/soma-capital) VC firm **1** round

[Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) VC firm **1** round

[SFC Capital](https://millionrounds.com/fund/sfc-capital) Angel network **1** round

[Floodgate](https://millionrounds.com/fund/floodgate) VC firm **1** round

[Quiet Capital](https://millionrounds.com/fund/quiet-capital) VC firm **1** round

[Northzone](https://millionrounds.com/fund/northzone) VC firm **1** round

[Bling Capital](https://millionrounds.com/fund/bling-capital) VC firm **1** round

[Amplify Partners](https://millionrounds.com/fund/amplify-partners) VC firm **1** round

[GTMfund](https://millionrounds.com/fund/gtmfund) VC firm **1** round

[Unusual Ventures](https://millionrounds.com/fund/unusual-ventures) VC firm **1** round

[CoinFund](https://millionrounds.com/fund/coinfund) VC firm **1** round

[10x Founders](https://millionrounds.com/fund/10x-founders) VC firm **1** round

[Fasanara Capital](https://millionrounds.com/fund/fasanara-capital) Hedge fund **1** round

[MV Global](https://millionrounds.com/fund/mv-global) Venture studio **1** round

[Sunstone Management](https://millionrounds.com/fund/sunstone-management) VC firm **1** round

[Ventures Together](https://millionrounds.com/fund/ventures-together) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=magic).

## Quick answers about Magic

### Who invested in Magic?

Magic's investors include Y Combinator, Sequoia Capital, Alumni Ventures, General Catalyst and SV Angel, and 19 more on record.

### How much has Magic raised?

Magic has raised $66M across 5 rounds since 2014.

### When did Magic last raise?

Magic's most recent round was a Seed of $10M in Oct 2025.

### What was Magic's biggest round?

Magic's largest round on record is $52M (Series B), in May 2023.

### Who backed Magic first?

Magic's first round on record, in Dec 2014, was backed by Y Combinator.

### What stage is Magic at?

Magic's latest named round is a Seed, in Oct 2025.

### Where is Magic based?

Magic is based in the United States.

## Companies like Magic

In the same sector, and raised in the last eighteen months.

[**Punch** $11M · Oct 2026](https://millionrounds.com/company/punch)[**Albert** $57M · Oct 2026](https://millionrounds.com/company/albert)[**Welltory** $4.0M · Oct 2026](https://millionrounds.com/company/welltory)[**Arena** $401M · Oct 2026](https://millionrounds.com/company/arena)[**Bloom** $418M · Oct 2026](https://millionrounds.com/company/bloom)[**Clockout** $5.5M · Oct 2026](https://millionrounds.com/company/clockout)

## Find investors like these

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