Magic - About the company
Magic is a series A company based in San Francisco (United States), founded in 2015. It operates as a Provider of on-demand virtual assistants. Magic has raised $12.1M in funding from Y Combinator and Sequoia Capital. The company has 61 active competitors, including 3 funded and 3 that have exited. Its top competitors include companies like Zirtual, Wishup and Double.
Company Details
Provider of on-demand virtual assistants. The services offered are booking a cab, order food, order any product and many more thing with just an SMS to Magic number. The platform understands the user requirement and asks questions in the case of any detail requirement from the user and accordingly completes the task as per user reply and confirmation.
- Website
- getmagic.com
- Email ID
- *****@getmagic.com
Key Metrics
Founded Year
2015
Location
San Francisco, United States
Stage
Series A
Total Funding
$12.1M in 2 rounds
Latest Funding Round
Investors
Ranked
4th among 61 active competitors
Employee Count
1,823 as on May 31, 2026
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Magic's funding and investors
Magic has raised a total funding of $12.1M over 2 rounds. Its first funding round was on Mar 23, 2015. Its latest funding round was a Series A round on Mar 27, 2015 for $*****. 1 investor participated in its latest round. Magic has 8 institutional investors.
Here is the list of recent funding rounds of Magic:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 27, 2015 | 5092520 | Series A | 8758489 | 7863818 | 8347656 | 1298093 |
Mar 23, 2015 | 4885167 | Seed | 7259485 | 3608696 | 7645314 |
View details of Magic's funding rounds and investors
Magic's founders and board of directors
Founder? Claim ProfileMagic's employee count trend
Magic has 1,823 employees as of May 26. Here is Magic's employee count trend over the years:
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Magic's Competitors and alternates
Top competitors of Magic include Zirtual, Wishup and Double. Here is the list of Top 10 competitors of Magic, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Zirtual 2011, Las Vegas (United States), Acquired | Provider of virtual assistants like scheduling, research and reservations | $5.21M | 55/100 | |
2nd | Wishup 2015, Dover (United States), Series A | Online hiring platform for virtual personal assistant | $1.43M | 52/100 | |
3rd | Double 2018, Brooklyn (United States), Acquired | SaaS-based task automation solutions provider | $15M | 51/100 | |
4th | Magic 2015, San Francisco (United States), Series A | Provider of on-demand virtual assistants | $12.1M | 43/100 | |
5th | Provider of virtual assistance and remote staffing solutions | - | - | 35/100 | |
6th | Leverage Assistants 2024, Cambridge (United States), Unfunded | Platform offering virtual assistants for end to end talent management solutions | - | - | 33/100 |
7th | Wing 2018, Berkeley (United States), Funding Raised | Cloud-based contract workforce recruitment platform for virtual assistants | - | 33/100 | |
8th | Provider of a freelance management system for compliant contractor engagement | - | 33/100 | ||
9th | Umee Technologies 2019, Chofu (Japan), Series A | Platform providing voice based virtual assistance tools for enterprises | $2.04M | 32/100 | |
10th | iWorker 2018, Santa Fe (United States), Unfunded | Software to hire virtual assistants | - | - | 30/100 |
Looking for more details on Magic's competitors? Click here to see the top ones
Magic's Investments and acquisitions
Magic has made no investments or acquisitions yet.
Reports related to Magic
Here is the latest report on Magic's geography:
News related to Magic
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Optimizely (Welcome) Named a Leader in 2022 Gartner® Magic Quadrant™ for Content Marketing PlatformsBusiness Wire•Mar 22, 2022•Magic
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Magic Raises A $27M Series A To Become The Passport Of The InternetForbes•Jul 22, 2021•Magic, Northzone, Tiger Global Management, Volt Capital and 9 others
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Magic Launches $10 per Hour Remote Dedicated Assistants to Support Small BusinessesPR Newswire•Apr 22, 2021•Magic
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Stone Asset Management Limited launches two new platform-traded funds (FNP) on NEOBusiness Wire•Apr 07, 2021•Stone Investment Group, NTT, Magic
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TEKsystems® Positioned in 2021 Gartner Magic Quadrant for Managed Workplace Services, North AmericaBusiness Wire•Mar 11, 2021•TEKsystems, Magic
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