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 Jul 31, 2026, the latest employee count at Magic Software Enterprises is 488.

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 30th amongst 1472 active competitors, of which 133 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Hightouch, which secured $150M in Apr, 2026.

Who are the top competitors of Magic Software Enterprises?

Magic Software Enterprises' top competitors include Confluent, Domo and Hightouch. Among them, Hightouch secured the most recent funding round in April, 2026.

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

Magic Software Enterprises is a public company based in Or Yehuda (Israel), founded in 1983. It operates as a Provider of enterprise software solutions focused on integration, application development, and digital transformation tools. Magic Software Enterprises has raised an undisclosed amount in funding. The company has 1472 active competitors, including 133 funded and 129 that have exited. Its top competitors include companies like Confluent, Domo and Hightouch.

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

30^th among 1472 active competitors

Annual Revenue

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

Employee Count

488 as on Jul 31, 2026

Investment & Acquisitions

Axiomsystems & 8 more

Similar Companies

Jitterbit & 392 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	Documents
MAGIC SOFTWARE ENTERPRISES INC. CIN: 13304774188 , United States, Active	May 13, 1993	-	-	-
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: 330477418 , United States, Active	Dec 26, 999	-	6 (As on Dec 31, 2021)	-
MAGIC SOFTWARE ENTERPRISES INDIA PRIVATE LIMITED CIN: U72200MH1997PTC112303 , India, Active	Dec 08, 1997	₹10 - ₹50 Cr (As on Mar 31, 2025)	-

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	1401973	Conventional Debt	5119557	2126201	5252531	9090187
Jan 05, 2011	4015510	Post IPO	1686098	4182764	3351771	3606143
Dec 20, 2010	5173486	Post IPO	8519791	1487344	2962223	1898278

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Magic Software Enterprises' employee count trend

Magic Software Enterprises has 488 employees as of Jul 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 Confluent, Domo and Hightouch. 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	Confluent 2014, Mountain View (United States), Acquired	Provider of a platform for data streaming and event processing	$456M	Benchmark, Index Ventures & 22 others	76/100
2nd	Domo 2010, American Fork (United States), Public	Provider of an AI and data products platform for businesses	$730M	BlackRock, IVP & 37 others	75/100
3rd	Hightouch 2019, San Francisco (United States), Series D	Provider of an AI-powered marketing and customer data platform	$322M	Bain Capital Ventures, Sapphire Ventures ... & 23 others	73/100
4th	Fivetran 2012, Oakland (United States), Series D	Provider of a platform for automated data movement and integration	$730M	Andreessen Horowitz, Y Combinator & 10 others	72/100
5th	Jitterbit 2004, Alameda (United States), Series C	Platform offering API management software	$45M	KKR, Salesforce Ventures & 8 others	70/100
6th	Airbyte 2020, San Francisco (United States), Series B	Developer of a platform for data integration and movement	$181M	Benchmark, Altimeter Capital & 21 others	69/100
7th	Cleo 2012, Rockford (United States), Acquired	Cloud-based platform for EDI	$83.5M	Alchemist Accelerator, Peterson Partners ... & 14 others	68/100
8th	Quickwork 2015, Mumbai (India), Series A	Provider of enterprise integration and workflow automation software for businesses	$17.7M	ARV, DMI Sparkle Fund & 15 others	67/100
9th	Talend Sa 2005, Redwood City (United States), Acquired	Provider of data integration, data quality, analytics, and AI solutions	$102M	Galileo Partners, Idinvest Partners & 7 others	66/100
10th	Cloud.com 2008, Cupertino (United States), Acquired	Developer of software for digital workspaces, analytics, and data management	$17.6M	Redpoint Ventures, Nexus Venture Partners ... & 3 others	66/100
30th	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	59/100

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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:

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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: August, 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.