Magic Loops - About the company
Magic Loops is a seed company based in San Francisco (United States), founded in 2023 by Adam Williams. It operates as a Software development company. Magic Loops has raised $500K in funding from Y Combinator. The company has 698 active competitors, including 118 funded and 18 that have exited. Its top competitors include companies like OpenAI, Mistral AI and Anthropic.
Company Details
Software development company. It combine LLMs and code to create simple automations.
- Website
- magicloops.dev
- Social
- Email ID
- *****@magicloops.dev
Key Metrics
Founded Year
2023
Location
San Francisco, United States
Stage
Seed
Total Funding
$500K in 1 round
Latest Funding Round
Investors
Ranked
301st among 698 active competitors
Employee Count
4 as on Jul 31, 2026
Legal entities associated with Magic Loops
Magic Loops is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CHATSEED, INC. CIN: 7490491 , United States, Active | May 30, 2023 | - | - | - |
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Magic Loops's funding and investors
Magic Loops has raised a total funding of $500K over 1 round. Its latest funding round was a Seed round on 2023 for $*****. 1 investor participated in its latest round. Magic Loops has 1 institutional investor.
Here is the list of recent funding rounds of Magic Loops:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2023 | 6206 | Seed | 8455 | 6806 | 5212 | 1175 |
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Magic Loops' founders and board of directors
Founder? Claim ProfileThe founders of Magic Loops is Adam Williams. Adam Williams is the CEO of Magic Loops.
Here are the details of Magic Loops' key team members:
- Adam Williams: Co-Founder & CEO of Magic Loops. Contact Info: 1 email address
View details of Magic Loops's Founder profiles and Board Members
Magic Loops' employee count trend
Magic Loops has 4 employees as of Jul 26. Here is Magic Loops's employee count trend over the years:
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Magic Loops's Competitors and alternates
Top competitors of Magic Loops include OpenAI, Mistral AI and Anthropic. Here is the list of Top 10 competitors of Magic Loops, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  OpenAI 2015, San Francisco (United States), Series F | Artificial intelligence research and development platform offering advanced language models | $180B | 89/100 | |
2nd | Mistral AI 2023, Paris (France), Series C | Provider of customizable, open-source artificial intelligence models and solutions for various applications | $3.05B | 83/100 | |
3rd | Anthropic 2021, San Francisco (United States), Series H | Provider of AI safety and research company | $132B | 83/100 | |
4th | Developer of enterprise AI platform and multilingual language and retrieval models | $1.54B | 78/100 | ||
5th | Runway 2018, New York City (United States), Series E | Developer of artificial intelligence tools for image and video generation | $860M | 76/100 | |
6th |  Replit 2016, Foster City (United States), Series D | AI platform to build apps, websites, and software instantly | $922M | 76/100 | |
7th | Developer of artificial intelligence models for speech and document processing | $350M | 75/100 | ||
8th | Provider of AI research laboratory services | $379M | 71/100 | ||
9th | xAI 2023, Palo Alto (United States), Acquired | Platform providing AI-powered assistant for image generation and trend analysis | $45B | 71/100 | |
10th | Developer of software applications using natural language processing AI models | $230M | 69/100 | ||
301st |  Magic Loops 2023, San Francisco (United States), Seed | Software development company | $500K | 17/100 |
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Magic Loops's Investments and acquisitions
Magic Loops has made no investments or acquisitions yet.
Reports related to Magic Loops
Here is the latest report on Magic Loops's sector:
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