When was Magic Software Enterprises founded?

Magic Software Enterprises was founded in 1983 and raised its 1st funding round 27 years after it was founded.

Where is Magic Software Enterprises located?

Magic Software Enterprises is headquartered in Or Yehuda, Israel. It is registered at Laguna Hills, California.

Who is the current CEO of Magic Software Enterprises?

Lior Blik of Magic Software Enterprises.

Which legal entities is Magic Software Enterprises associated with?

Magic Software Enterprises is associated with MAGIC SOFTWARE ENTERPRISES LTD and 3 others.

How many employees does Magic Software Enterprises have?

As of Sep 30, 2026, the latest employee count at Magic Software Enterprises is 514.

Is Magic Software Enterprises a funded company?

Magic Software Enterprises is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Dec 20, 2010.

When was the latest funding round of Magic Software Enterprises?

Magic Software Enterprises' latest funding was a $***** Conventional Debt round on Nov 09, 2016, with participation from 0 investor.

What is the annual revenue of Magic Software Enterprises?

Annual revenue of Magic Software Enterprises is between $500M and $1B as on Dec 31, 2024

Where does Magic Software Enterprises rank among its competitors?

Magic Software Enterprises ranks 25th amongst 1918 active competitors, of which 135 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Serval, which secured $150M in Oct, 2026.

Who are the top competitors of Magic Software Enterprises?

Magic Software Enterprises' top competitors include Fivetran, Jitterbit and Software AG. Among them, Serval secured the most recent funding round in October, 2026.

Magic Software Enterprises - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of enterprise software solutions focused on integration, application development, and digital transformation tools. It is a code-free integration platform for automating workflows, data mapping, and real time synchronization across systems. It enables rapid development of cross-platform business apps, including Angular based single-page applications. It delivers cloud solutions for digital transformation, data management, and real-time insights. It offers integration platforms, application development platforms, and smart manufacturing solutions. The company also provides professional services, support, and training

Website: www.magicsoftware.com/
Social
Registered Address: Laguna Hills, California

Key Metrics

Founded Year

1983

Location

Or Yehuda, Israel

Stage

Public

Latest Funding Round

Conventional Debt, Nov 09, 2016, $*****

Investors

Compass Ventures Group

Ranked

25^th among 1918 active competitors

Annual Revenue

$500M - $1B as on Dec 31, 2024

Employee Count

514 as on Sep 30, 2026

Investment & Acquisitions

Axiomsystems & 8 more

Similar Companies

Jitterbit & 413 more

Exit Details

Public

View Magic Software Enterprises' full profile

Magic Software Enterprises is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
MAGIC SOFTWARE ENTERPRISES LTD CIN: 52-003674-0 , Israel, Active	Jan 01, 1983	$500M - $1B (As on Dec 31, 2024)	-	-
MAGIC SOFTWARE ENTERPRISES INC. CIN: 13304774188 , United States, Active	May 13, 1993	-	-	-
MAGIC SOFTWARE ENTERPRISES INDIA PRIVATE LIMITED CIN: U72200MH1997PTC112303 , India, Active	Dec 08, 1997	₹10 - ₹50 Cr (As on Mar 31, 2025)	-
MAGIC SOFTWARE ENTERPRISES, INC. CIN: 330477418 , United States, Active	Dec 26, 999	-	6 (As on Dec 31, 2021)	-

Magic Software Enterprises got listed on Aug 28, 1991.

Click here to take a look at Magic Software Enterprises's IPO in detail

Magic Software Enterprises has raised funding over 3 rounds. Its first funding round was on Dec 20, 2010. Magic Software Enterprises has 1 institutional investor.

Here is the list of recent funding rounds of Magic Software Enterprises:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 09, 2016	8419645	Conventional Debt	5756659	7905051	5227619	4752676
Jan 05, 2011	4540203	Post IPO	1013354	9633888	9612853	7147788
Dec 20, 2010	3337863	Post IPO	2947007	9537989	4376986	2871951

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Magic Software Enterprises' employee count trend

Magic Software Enterprises has 514 employees as of Sep 26. Here is Magic Software Enterprises's employee count trend over the years:

Employee count trend for Magic Software Enterprises

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Top competitors of Magic Software Enterprises include Fivetran, Jitterbit and Software AG. Here is the list of Top 10 competitors of Magic Software Enterprises, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Fivetran 2012, Oakland (United States), Series D	Provider of a platform for automated data movement and integration	$730M	Andreessen Horowitz, Y Combinator & 11 others	73/100
2nd	Jitterbit 2004, Alameda (United States), Series C	Platform offering API management software	$45M	KKR, Salesforce Ventures & 9 others	73/100
3rd	Software AG 1969, Darmstadt (Germany), Acquired	Provider of digital transformation solutions, services, and enterprise application products	-	Silver Lake, EIP & 4 others	72/100
4th	Domo 2010, American Fork (United States), Public	Provider of an AI and data products platform for businesses	$730M	BlackRock, IVP & 37 others	71/100
5th	Confluent 2014, Mountain View (United States), Acquired	Provider of a platform for data streaming and event processing	$456M	Benchmark, Index Ventures & 23 others	70/100
6th	Cleo 2012, Rockford (United States), Acquired	Cloud-based platform for EDI	$83.5M	Alchemist Accelerator, Peterson Partners ... & 14 others	68/100
7th	Serval 2024, San Francisco (United States), Series C	Developer of AI-powered enterprise service management and automation solutions	$277M	Sequoia Capital, Redpoint Ventures & 19 others	67/100
8th	Workato 2013, Mountain View (United States), Series E	AI powered automation and iPaaS solutions for enterprises	$421M	Storm Ventures, Battery Ventures & 10 others	67/100
9th	N8n 2019, Berlin (Germany), Series C	Developer of workflow automation software for building integrated technical processes	$254M	Highland Europe, Felicis Ventures & 24 others	67/100
10th	Boomi 2000, Berwyn (United States), Acquired	Cloud based API management and ipaas solutions	$5.15M	Francisco Partners, Golub Growth & 2 others	66/100
25th	Magic Software Enterprises 1983, Or Yehuda (Israel), Public	Provider of enterprise software solutions focused on integration, application development, and digital transformation tools	-	Compass Ventures Group	61/100

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Magic Software Enterprises has not made any investments yet. Magic Software Enterprises has made 9 acquisitions.

Here is the list of latest three $acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Nov 21, 2025	Acquisition	Axiomsystems		Frederick (United States)
Oct 2022	Acquisition	Intrabases	2000	Nantes (France)
Aug 03, 2022	Acquisition	Appush	2016	New York City (United States)

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Here is the latest report on Magic Software Enterprises's sector:

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PaaS - Sector Report

Edition: October, 2026 (79 Pages)

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Media has covered Magic Software Enterprises for a total of 4 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.