United States · Investor

Magic Fund

Last cheque observed Jul 2026; 90 cheques on record.

Deploying nowVC firm

Pre-seedSeedSeries AAppsConsumerCryptocurrency / Blockchain

Deploying now
20%of best year3cheques in 12 months, 90 on record
Since the last cheque122days00hrs00min00sec
Median round$2.3MCheque size, as they say$50K – $200KRounds led0 of 90Sole investor10 roundsMostly inUnited States, 66%
Pitch Magic Fund

Magic Fund highlights

  1. 01

    3 cheques in the last 12 months

  2. 02

    Mostly Venture and Seed: 75% of its rounds

  3. 03

    Sole investor in 10 rounds, median $1.5M

What they do

MAGIC Fund is an early-stage venture capital fund built by founders for founders at the pre-seed and seed stages.From their own website
Type
VC firm (from a list, unverified)
Cheque size
$50K – $200K as they say
Stages
Pre-seedSeedSeries A
Sectors
AppsConsumerCryptocurrency / Blockchain
Based in
Los Angeles, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first90 appearances

  1. 2026

    3 rounds

  2. Jul
    WallitVenture · US$3.4MSole investor
  3. Apr
    Koda HealthVenture · USUndisclosedWith 2 others
  4. Mar
    Gen AI LastSeed · RO$550KWith 2 others
  5. 2025

    8 rounds

  6. Oct
    KuundaSeed · ZA · Disrupt Africa$7.5MWith 10 others
  7. Oct
    Robot.comVenture · US$25MWith 5 others
  8. Oct
    Koda HealthSeries A · US$7.0MWith 2 others
  9. Oct
    KiwibotVenture · US$6.8MWith 4 others
  10. Sept
    Somos InternetSeries A · CO · LatamList$18MWith 5 others
  11. Jun
    triiVenture · COUndisclosedWith 4 others
  12. Feb
    LunaJoyVenture · USUndisclosedWith 2 others
  13. Jan
    Spare8VentureUndisclosedSole investor
  14. 2024

    15 rounds

  15. Dec
    JuicywayPre-seed · NG · Disrupt Africa$3.0MWith 8 others
  16. Dec
    ZZ DriggsVenture · USUndisclosedWith 2 others
  17. Nov
    BumpaVentureUndisclosedWith 3 others
  18. Nov
    WallitVenture · US$5.4MSole investor
  19. Oct
    KlashaSeed · NG · Disrupt Africa$2.0MWith 11 others
  20. Oct
    DryveboxVenture · USUndisclosedSole investor
  21. Oct
    RevOps HealthVenture · US$1.5MSole investor
  22. May
    RendaPre-seed$1.3MWith 1 other
  23. May
    EleosSeed · GB$4.1MWith 4 others
  24. Apr
    LunaJoySeed · US$4.2MWith 3 others
  25. Mar
    Pirouette MedicalVenture · USUndisclosedWith 3 others
  26. Feb
    FintualVenture · CL$4.2MWith 3 others
  27. Feb
    RankVentureUndisclosedWith 3 others
  28. Jan
    GoldsetuVentureUndisclosedWith 3 others
  29. Jan
    Chronus HealthVenture · USUndisclosedWith 1 other
  30. 2023

    22 rounds

  31. Dec
    VeendPre-seed$195KWith 1 other
  32. Oct
    PlaybiteSeed · US$1.0MWith 3 others
  33. Sept
    Mosie BabyUS$1.0MWith 4 others
  34. Sept
    Vero TechnologiesSeries A · US$8.5MWith 2 others
  35. Sept
    Partum HealthSeed · US$3.1MWith 1 other
  36. Aug
    AdenSeed · US$1.0MWith 1 other
  37. Aug
    MIDAS TechnologiesSeed · MX$1.7MWith 1 other
  38. Jul
    FrigadeSeed · US$3.0MWith 4 others
  39. Jun
    NUE Life HealthVenture · US$1.9MWith 5 others
  40. Jun
    Evolve CreditGrant$150KWith 2 others
  41. May
    BaladPre-seed · EG · Acasia VenturesUndisclosedWith 6 others
  42. May
    TriumphSeries A · US$10MWith 3 others
  43. Apr
    Rebel TechPre-seed · DE$1.7MWith 1 other
  44. Apr
    Plastic BackVenture$4.3MSole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

We hold 10 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What they claim to have backed

From their own portfolio page (on their website)

24 of 60 we have independently watched raise

AI Insurance Cloud-basedAkido LargestAllure Systems AI-poweredBLUEBERRY On demandBimaplan Affordable insuranceBoltCafeX Robotic coffee barChronus Health PortableCrowdforce Africa's largestDraftbitEvolvecreditFRUBANA Tech enabledFieldproxy All-in-one toolFintual Automated passiveKiwibotLeadIQ Sales prospectingLegacy Sperm bankNachoNacho Virtual paymentOkteto Application developmentOpenland Modern voice-and-chatPeeba Buy wholesaleReelables Ultra-thin flexibleRevOps Health HealthcareSomosinternetASKDATA Easy dataAcho A GUIApero Health AutomateBAMBOO First onlineBankly Financial servicesBetter Days CommunityBongalow Best homeCantosEden Life HomeFindhideoutGrin Leading influencerHomebase Real estateHomestead Convert yourIndicina Credit infrastructureJitter Figma forJoin Stream VirtualKoa Savings platformLASERFOCUS Superhuman for salespeopleLawyaw Legal documentMEDUMO (ACQUIRED) IntelligentMono Plaid for AfricaMove Supermarket ofMuxy Tools toNovo Mobile businessOXYGEN Banking andOntop Taxes, onboarding,PAYFAZZ Mobile bankingPromoted Performance adsProof Boost webProof Trading NewRETOOL No-code softwareSKETCHBOX Design &ScholarMe Common appStitchroom Custom made-to-orderSunhouse Creating theSwipe Liquidity andand 6 more

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Who they invest alongside

The investors most often in the same rounds as Magic Fund. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Magic Fund put money into.

Quick answers about Magic Fund

What does Magic Fund invest in?

Magic Fund invests most often at Venture and Seed (75% of the rounds on record), in sectors such as Apps, Consumer and Cryptocurrency / Blockchain.

How active is Magic Fund?

90 investments on record, 3 of them in the last 12 months. The most recent was in Jul 2026.

What has Magic Fund invested in recently?

Its most recent investments on record: Wallit (Venture, Jul 2026), Koda Health (Venture, Apr 2026) and Gen AI Last (Seed, Mar 2026).

How big are Magic Fund's cheques?

The median round it joins is $2.3M. It says it writes cheques of $50K to $200K.

Does Magic Fund lead rounds?

Rarely, if at all: none of its 90 investments on record names it as the lead.

Where does Magic Fund invest?

Most of the companies it backs are in the United States (66%), Colombia (6%) and Nigeria (6%).

Is Magic Fund investing now?

Yes: it is actively investing, with 3 investments in the last 12 months.

Who does Magic Fund invest alongside?

Most often Y Combinator (30 rounds together), Techstars (8 rounds together) and Goodwater Capital (7 rounds together).

Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it