MAGIC Fund

2017

Founded

132

Investments

United States

Offices

Accelerator

Investor Type

About

MAGIC Fund is a venture capital firm dedicated to supporting early-stage startups by leveraging the experience and networks of successful founders. Their investment philosophy centers on the belief that the best founders prefer to be backed by other founders who understand the challenges and nuances of building a company from the ground up. This approach ensures that investments are not only financially sound but also strategically aligned with the unique needs of each startup.

Over the past seven years, MAGIC Fund has been instrumental in bringing magic to over 250 startups, providing them with the resources, mentorship, and connections necessary to scale and succeed in their respective markets. Their portfolio spans various industries, including fintech, healthtech, edtech, and more, reflecting a diverse and dynamic approach to early-stage investment. By focusing on founder-led initiatives, MAGIC Fund aims to foster innovation and drive growth in the global startup ecosystem.

Portfolio Companies

Payfazz, Retool, Frubana, Novo, Akido, Homebase, Proof, Kiwibot, Sunhouse, Chronus Health

Gepgraphic Focus

Global

Key Differentiators

Founder-led investment approach, Diverse industry portfolio, Global network and mentorship

Thypical Investment Size

Not publicly disclosed

Total Funds Raised

$30 million

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Delivery

Food and Beverage

Robotics

Apps

Software

E-Commerce

Los Angeles

Pre-Seed

Seed

Series A

United States