General Magic - About the company
General Magic is a seed company based in Toronto (Canada), founded in 2024 by Jai Mansukhani and Anthony Azrak. It operates as a Provider of artificial intelligence software for insurance brokerage operational workflows. General Magic has raised $8.4M in funding from Radical Ventures. The company has 261 active competitors, including 52 funded and 22 that have exited. Its top competitors include companies like Artificial Labs, Homebot and Hi Marley.
Company Details
Developer of AI SMS agents for insurance teams and workflows. The company provides AI messaging agents that handle quoting, renewals, policy changes, and claims updates. The agents connect directly to policy, quote, and claims systems via API. The company’s system scores every customer on intent, frustration, and churn risk.
- Website
- generalmagic.inc
- Social
Key Metrics
Founded Year
2024
Location
Toronto, Canada
Stage
Seed
Total Funding
$8.4M in 2 rounds
Latest Funding Round
Investors
Ranked
15th among 261 active competitors
Employee Count
9 as on Sep 30, 2026
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General Magic's funding and investors
General Magic has raised a total funding of $8.4M over 2 rounds. Its first funding round was on Jul 24, 2025. Its latest funding round was a Seed round on Feb 24, 2026 for $*****. 5 investors participated in its latest round. General Magic has 4 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of General Magic:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 24, 2026 | 3243892 | Seed | 3636373 | 1003191 | 8228005 | 1328603 |
Jul 24, 2025 | 5498250 | Seed | 6705589 | 1425150 | 5898042 |
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General Magic's founders and board of directors
Founder? Claim ProfileThe founders of General Magic are Jai Mansukhani and Anthony Azrak. Anthony Azrak is the CEO of General Magic.
Here are the details of General Magic's key team members:
- Jai Mansukhani: Co-Founder & President of General Magic. Contact Info: 1 email address
- Anthony Azrak: Co-Founder & CEO of General Magic. Contact Info: 1 email address
View details of General Magic's Founder profiles and Board Members
General Magic's employee count trend
General Magic has 9 employees as of Sep 26. Here is General Magic's employee count trend over the years:
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General Magic's Competitors and alternates
Top competitors of General Magic include Artificial Labs, Homebot and Hi Marley. Here is the list of Top 10 competitors of General Magic, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Artificial Labs 2013, London (United Kingdom), Series B | Software solutions provider for Insurers | $72.1M | 65/100 | |
2nd | Homebot 2015, Denver (United States), Acquired | Chatbot based lead generation platform for real estate agents | $4M | 61/100 | |
3rd | Hi Marley 2015, Boston (United States), Series B | Provider of AI and cloud-based conversational platform for the insurance industry | $41.7M | 59/100 | |
4th | Snoop 2018, London (United Kingdom), Acquired | App-based platform for expense management of individuals | $42.3M | 57/100 | |
5th | Provider of AI-driven platform that automates insurance renewals and provides insights | $22M | 56/100 | ||
6th | ProNavigator 2016, Kitchener (Canada), Acquired | AI-based insurance chatbot for brokers | $16M | 54/100 | |
7th | Total Expert 2012, Eden Prairie (United States), Series C | Provider of customer engagement platforms for financial institutions | $86M | 54/100 | |
8th |  Decimal Technology 2009, Gurugram (India), Seed | Developer of a no-code platform for enterprise application development solutions | $3.48M | 53/100 | |
9th | AI-based software suite for financial institutions | $1.43M | 53/100 | ||
10th | Origence 2016, Irvine (United States), Seed | Provider of loan origination, marketing, and CRM solution | $1.17M | 53/100 | |
15th | General Magic 2024, Toronto (Canada), Seed | Provider of artificial intelligence software for insurance brokerage operational workflows | $8.4M | 48/100 |
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General Magic's Investments and acquisitions
General Magic has made no investments or acquisitions yet.
Reports related to General Magic
Here is the latest report on General Magic's sector:
News related to General Magic
Media has covered General Magic for 1 event in last 1 year.
•
General Magic Raises Oversubscribed US$7.2M to Cut AccessibilityGlobeNewswire•Feb 24, 2026•Radical Ventures, General Magic, Figma, Andreessen Horowitz and 10 others
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FAQs about General Magic
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