Magic Hour - About the company
Magic Hour is a seed company based in San Francisco (United States), founded in 2023 by Runbo Li and David Hu. It operates as an AI video platform offering tools for creative content creation. Magic Hour has raised $500K in funding from Y Combinator. The company has 436 active competitors, including 72 funded and 19 that have exited. Its top competitors include companies like TrueFan AI, OpusClip and Wondershare.
Company Details
AI video platform offering tools for creative content creation. It allows users to create AI-generated videos directly in their browsers. It also enables users to create animated videos, face swaps, and more.
- Website
- magichour.ai
Key Metrics
Founded Year
2023
Location
San Francisco, United States
Stage
Seed
Total Funding
$500K in 1 round
Latest Funding Round
Investors
Ranked
80th among 436 active competitors
Employee Count
43 as on Jun 30, 2026
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Magic Hour's funding and investors
Magic Hour has raised a total funding of $500K over 1 round. Its latest funding round was a Seed round on 2024 for $*****. 2 investors participated in its latest round. Magic Hour has 3 institutional investors.
Here is the list of recent funding rounds of Magic Hour:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2024 | 6783 | Seed | 1916 | 7065 | 7214 | 9996 |
View details of Magic Hour's funding rounds and investors
Magic Hour's founders and board of directors
Founder? Claim ProfileHere are the details of Magic Hour's key team members:
- Runbo Li: Co-Founder & CEO of Magic Hour. Contact Info: 1 email address
- David Hu: Co-founder & CTO of Magic Hour.
View details of Magic Hour's Founder profiles and Board Members
Magic Hour's employee count trend
Magic Hour has 43 employees as of Jun 26. Here is Magic Hour's employee count trend over the years:
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Magic Hour's Competitors and alternates
Top competitors of Magic Hour include TrueFan AI, OpusClip and Wondershare. Here is the list of Top 10 competitors of Magic Hour, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | TrueFan AI 2020, Gurugram (India), Series A | Provider of AI video platform for enterprise marketing and content creation | $21.1M | 73/100 | |
2nd | OpusClip 2022, San Francisco (United States), Series A | Provider of AI video editing tools for short-form content creation | $50M | 69/100 | |
3rd | Wondershare 2003, Vancouver (Canada), Series B | Developer of software for video editing, PDF management, and data recovery | $10M | 68/100 | |
4th | Descript 2017, San Francisco (United States), Series C | Provider of an AI-powered platform for video and podcast creation | $101M | 65/100 | |
5th | SundaySky 2007, New York City (United States), Acquired | Provider of an enterprise video platform for personalized customer engagement | $67.1M | 64/100 | |
6th | WeVideo 2011, Mountain View (United States), Acquired | Provider of tools for video creation, interactive video, and video hosting | $21.2M | 63/100 | |
7th | Aishi Technology 2024, Beijing (China), Acquired | AI-powered video generation platform | $443M | 62/100 | |
8th | Flora 2024, New York City (United States), Series A | Developer of a platform providing creative artificial intelligence tools and workflows | $52M | 62/100 | |
9th | Riverside 1985, Fort Collins (United States), Series C | Provider of an AI-powered platform for recording, editing, and distributing content | $80M | 61/100 | |
10th | Movavi Software 2004, Limassol (Cyprus), Unfunded | Video creation, editing, and enhancement software | - | - | 60/100 |
80th | Magic Hour 2023, San Francisco (United States), Seed | AI video platform offering tools for creative content creation | $500K | 33/100 |
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Magic Hour's Investments and acquisitions
Magic Hour has made no investments or acquisitions yet.
Reports related to Magic Hour
Here is the latest report on Magic Hour's geography:
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