# Magic Fund: portfolio, investments and team

> Magic Fund is a vc firm based in United States. 90 investments on record, 3 in the last 12 months, latest Jul 2026. Portfolio, stages, co-investors and team.

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

United States · [Investor](https://millionrounds.com/investors)

# Magic Fund

Last cheque observed Jul 2026; 90 cheques on record.

Email

Deploying now VC firm

Pre-seed Seed Series A Apps Consumer Cryptocurrency / Blockchain

Follow Magic Fund and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fmagic-fund)

Deploying now

**20%** of best year **3** **cheques in 12 months**, 90 on record

Since the last cheque **122** days **00** hrs **00** min **00** sec

Median round **$2.3M** Cheque size, as they say **$50K – $200K** Rounds led **0 of 90** Sole investor **10 rounds** Mostly in **United States, 66%**

Pitch Magic Fund

## Magic Fund highlights

- 01 3 cheques in the last 12 months
- 02 Mostly Venture and Seed: 75% of its rounds
- 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-seed Seed Series A
- **Sectors:** Apps Consumer Cryptocurrency / Blockchain
- **Based in:** Los Angeles, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **90 appearances**

- **2026** 3 rounds
- **Jul** **[Wallit](https://millionrounds.com/company/wallit)** Venture · US **$3.4M** Sole investor
- **Apr** **[Koda Health](https://millionrounds.com/company/koda-health)** Venture · US **Undisclosed** With 2 others
- **Mar** **[Gen AI Last](https://millionrounds.com/company/gen-ai-last)** Seed · RO **$550K** With 2 others
- **2025** 8 rounds
- **Oct** **[Kuunda](https://millionrounds.com/company/kuunda)** Seed · ZA · Disrupt Africa **$7.5M** With 10 others
- **Oct** **[Robot.com](https://millionrounds.com/company/robot-com)** Venture · US **$25M** With 5 others
- **Oct** **[Koda Health](https://millionrounds.com/company/koda-health)** Series A · US **$7.0M** With 2 others
- **Oct** **[Kiwibot](https://millionrounds.com/company/kiwibot)** Venture · US **$6.8M** With 4 others
- **Sept** **[Somos Internet](https://millionrounds.com/company/somos-internet)** Series A · CO · LatamList **$18M** With 5 others
- **Jun** **[trii](https://millionrounds.com/company/trii)** Venture · CO **Undisclosed** With 4 others
- **Feb** **[LunaJoy](https://millionrounds.com/company/lunajoy)** Venture · US **Undisclosed** With 2 others
- **Jan** **[Spare8](https://millionrounds.com/company/spare8)** Venture **Undisclosed** Sole investor
- **2024** 15 rounds
- **Dec** **[Juicyway](https://millionrounds.com/company/juicyway)** Pre-seed · NG · Disrupt Africa **$3.0M** With 8 others
- **Dec** **[ZZ Driggs](https://millionrounds.com/company/zz-driggs)** Venture · US **Undisclosed** With 2 others
- **Nov** **[Bumpa](https://millionrounds.com/company/bumpa)** Venture **Undisclosed** With 3 others
- **Nov** **[Wallit](https://millionrounds.com/company/wallit)** Venture · US **$5.4M** Sole investor
- **Oct** **[Klasha](https://millionrounds.com/company/klasha)** Seed · NG · Disrupt Africa **$2.0M** With 11 others
- **Oct** **[Dryvebox](https://millionrounds.com/company/dryvebox)** Venture · US **Undisclosed** Sole investor
- **Oct** **[RevOps Health](https://millionrounds.com/company/revops-health)** Venture · US **$1.5M** Sole investor
- **May** **[Renda](https://millionrounds.com/company/renda)** Pre-seed **$1.3M** With 1 other
- **May** **[Eleos](https://millionrounds.com/company/eleos)** Seed · GB **$4.1M** With 4 others
- **Apr** **[LunaJoy](https://millionrounds.com/company/lunajoy)** Seed · US **$4.2M** With 3 others
- **Mar** **[Pirouette Medical](https://millionrounds.com/company/pirouette-medical)** Venture · US **Undisclosed** With 3 others
- **Feb** **[Fintual](https://millionrounds.com/company/fintual)** Venture · CL **$4.2M** With 3 others
- **Feb** **[Rank](https://millionrounds.com/company/rank)** Venture **Undisclosed** With 3 others
- **Jan** **[Goldsetu](https://millionrounds.com/company/goldsetu)** Venture **Undisclosed** With 3 others
- **Jan** **[Chronus Health](https://millionrounds.com/company/chronus-health)** Venture · US **Undisclosed** With 1 other
- **2023** 22 rounds
- **Dec** **[Veend](https://millionrounds.com/company/veend)** Pre-seed **$195K** With 1 other
- **Oct** **[Playbite](https://millionrounds.com/company/playbite)** Seed · US **$1.0M** With 3 others
- **Sept** **[Mosie Baby](https://millionrounds.com/company/mosie-baby)** US **$1.0M** With 4 others
- **Sept** **[Vero Technologies](https://millionrounds.com/company/vero-technologies)** Series A · US **$8.5M** With 2 others
- **Sept** **[Partum Health](https://millionrounds.com/company/partum-health)** Seed · US **$3.1M** With 1 other
- **Aug** **[Aden](https://millionrounds.com/company/aden)** Seed · US **$1.0M** With 1 other
- **Aug** **[MIDAS Technologies](https://millionrounds.com/company/midas-technologies)** Seed · MX **$1.7M** With 1 other
- **Jul** **[Frigade](https://millionrounds.com/company/frigade)** Seed · US **$3.0M** With 4 others
- **Jun** **[NUE Life Health](https://millionrounds.com/company/nue-life-health)** Venture · US **$1.9M** With 5 others
- **Jun** **[Evolve Credit](https://millionrounds.com/company/evolve-credit)** Grant **$150K** With 2 others
- **May** **[Balad](https://millionrounds.com/company/balad)** Pre-seed · EG · Acasia Ventures **Undisclosed** With 6 others
- **May** **[Triumph](https://millionrounds.com/company/triumph)** Series A · US **$10M** With 3 others
- **Apr** **[Rebel Tech](https://millionrounds.com/company/rebel-tech)** Pre-seed · DE **$1.7M** With 1 other
- **Apr** **[Plastic Back](https://millionrounds.com/company/plastic-back)** Venture **$4.3M** Sole 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-based](https://millionrounds.com/company/ai-insurance)[Akido Largest](https://millionrounds.com/company/akido-labs)[Allure Systems AI-powered](https://millionrounds.com/company/allure-systems)[BLUEBERRY On demand](https://millionrounds.com/company/blueberry-pediatrics)[Bimaplan Affordable insurance](https://millionrounds.com/company/bimaplan)[Bolt](https://millionrounds.com/company/bolt)[CafeX Robotic coffee bar](https://millionrounds.com/company/cafex)[Chronus Health Portable](https://millionrounds.com/company/chronus-health)[Crowdforce Africa's largest](https://millionrounds.com/company/crowdforce)[Draftbit](https://millionrounds.com/company/draftbit)[Evolvecredit](https://millionrounds.com/company/evolve-credit)[FRUBANA Tech enabled](https://millionrounds.com/company/frubana)[Fieldproxy All-in-one tool](https://millionrounds.com/company/fieldproxy)[Fintual Automated passive](https://millionrounds.com/company/fintual)[Kiwibot](https://millionrounds.com/company/kiwibot)[LeadIQ Sales prospecting](https://millionrounds.com/company/leadiq)[Legacy Sperm bank](https://millionrounds.com/company/legacy)[NachoNacho Virtual payment](https://millionrounds.com/company/nachonacho)[Okteto Application development](https://millionrounds.com/company/okteto)[Openland Modern voice-and-chat](https://millionrounds.com/company/openland)[Peeba Buy wholesale](https://millionrounds.com/company/peeba)[Reelables Ultra-thin flexible](https://millionrounds.com/company/reelables)[RevOps Health Healthcare](https://millionrounds.com/company/revops)[Somosinternet](https://millionrounds.com/company/somos-internet) ASKDATA Easy data Acho A GUI Apero Health Automate BAMBOO First online Bankly Financial services Better Days Community Bongalow Best home Cantos Eden Life Home Findhideout Grin Leading influencer Homebase Real estate Homestead Convert your Indicina Credit infrastructure Jitter Figma for Join Stream Virtual Koa Savings platform LASERFOCUS Superhuman for salespeople Lawyaw Legal document MEDUMO (ACQUIRED) Intelligent Mono Plaid for Africa Move Supermarket of Muxy Tools to Novo Mobile business OXYGEN Banking and Ontop Taxes, onboarding, PAYFAZZ Mobile banking Promoted Performance ads Proof Boost web Proof Trading New RETOOL No-code software SKETCHBOX Design & ScholarMe Common app Stitchroom Custom made-to-order Sunhouse Creating the Swipe Liquidity and and 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.

## The cheque

Pre-seed Seed Series A

Median round joined **$2.3M** the round, not its cheque Alone, median **$1.5M**

Led 0 of 90 rounds **0%**

- **Said size:** $50K – $200K
- **Sole investor:** 10 rounds
- **Last cheque:** Jul 2026

Rounds by stage said on their site

- Venture *33*
- Seed said *32*
- Pre-seed said *17*
- Series A said *4*
- Debt *1*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Y Combinator](https://millionrounds.com/fund/y-combinator) 30
- [Techstars](https://millionrounds.com/fund/techstars) 8
- [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) 7
- [Soma Capital](https://millionrounds.com/fund/soma-capital) 6
- [Ventures Platform](https://millionrounds.com/fund/ventures-platform-fund) 5
- [500 Global](https://millionrounds.com/fund/500-startups) 4

**Pitching Magic Fund?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## 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.

[**Y Combinator** Accelerator **30** rounds together](https://millionrounds.com/fund/y-combinator)[**Techstars** VC firm **8** rounds together](https://millionrounds.com/fund/techstars)[**Goodwater Capital** VC firm **7** rounds together](https://millionrounds.com/fund/goodwater-capital)[**Soma Capital** VC firm **6** rounds together](https://millionrounds.com/fund/soma-capital)[**Ventures Platform** VC firm **5** rounds together](https://millionrounds.com/fund/ventures-platform-fund)[**500 Global** Angel **4** rounds together](https://millionrounds.com/fund/500-startups)[**GIC** Private equity **4** rounds together](https://millionrounds.com/fund/gic)[**Headline** VC firm **4** rounds together](https://millionrounds.com/fund/headline)[**Alumni Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)[**Everywhere Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/everywhere-ventures)[**Founders Factory** Accelerator **3** rounds together](https://millionrounds.com/fund/founder-s-factory)[**Google for Startups** Accelerator **3** rounds together](https://millionrounds.com/fund/google-for-startups)

## Recently backed

The latest companies Magic Fund put money into.

[**Koda Health** Apr 2026](https://millionrounds.com/company/koda-health)[**Gen AI Last** $550K · Mar 2026](https://millionrounds.com/company/gen-ai-last)[**Kuunda** $7.5M · Oct 2025](https://millionrounds.com/company/kuunda)[**Robot.com** $25M · Oct 2025](https://millionrounds.com/company/robot-com)[**Kiwibot** $6.8M · Oct 2025](https://millionrounds.com/company/kiwibot)[**Somos Internet** $18M · Sept 2025](https://millionrounds.com/company/somos-internet)

## 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.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=magic-fund) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=magic-fund)