When was SnapMagic founded?

SnapMagic was founded in 2013 and raised its 1st funding round 2 years after it was founded.

Where is SnapMagic located?

SnapMagic is headquartered in San Francisco, United States.

Who is the current CEO of SnapMagic?

Natasha Baker of SnapMagic. They have also founded 1 company.

How many employees does SnapMagic have?

As of Mar 31, 2026, the latest employee count at SnapMagic is 29.

Is SnapMagic a funded company?

SnapMagic is a funded company, having raised a total of $10K across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 13, 2015.

When was the latest funding round of SnapMagic?

SnapMagic's latest funding was a $***** Seed round on Mar 22, 2016, with participation from 1 investor. Its primary sector is Electronic Design Automation Tools. In United States, the Electronic Design Automation Tools sector has seen $939M in funding in 2026 to date.

Where does SnapMagic rank among its competitors?

SnapMagic ranks 21st amongst 276 active competitors, of which 47 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Cognichip, which secured an undisclosed amount in Apr, 2026.

Who are the top competitors of SnapMagic?

SnapMagic's top competitors include Cadence, Synopsys and National Instruments. Among them, Cognichip secured the most recent funding round in April, 2026.

SnapMagic - 2026 Company Profile, Team, Funding & Competitors

Company Details

Developer of an AI copilot for electronics circuit board design. The copilot uses a database of CAD models to automate circuit design. It streamlines micro-decisions and optimizes bill of materials for cost and power. The copilot suggests component replacements and integrates with distributors. It allows users to purchase bill-of-materials with one click.

Website: www.snapmagic.com/
Social
Email ID: *****@snapeda.com
Phone Number: +1 **********

Key Metrics

Founded Year

2013

Location

San Francisco, United States

Stage

Seed

Total Funding

$10K in 2 rounds

Latest Funding Round

Seed, Mar 22, 2016, $*****

Investors

Panos Papadopoulos & 2 more

Ranked

21^st among 276 active competitors

Employee Count

29 as on Mar 31, 2026

Similar Companies

SoundHound & 5158 more

View SnapMagic's full profile

SnapMagic is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SNAPEDA, INC. CIN: 5747823 , United States, Active		-	1 (As on Dec 31, 2022)	-

SnapMagic has raised a total funding of $10K over 2 rounds. Its first funding round was on May 13, 2015. Its latest funding round was a Seed round on Mar 22, 2016 for $*****. 1 investor participated in its latest round. SnapMagic has 2 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of SnapMagic:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 22, 2016	3779572	Seed	9298078	7099102	5422831	9036837
May 13, 2015	7552070	Seed	4115780	1637718	4052165	2520438

Access funding benchmarks and valuations. Sign up today!

View details of SnapMagic's funding rounds and investors

The founders of SnapMagic is Natasha Baker. Natasha Baker is the CEO of SnapMagic.

Here are the details of SnapMagic's key team members:

Natasha Baker: Founder & CEO of SnapMagic and founder of 1 other company.
Contact Info: 2 email addresses

View details of SnapMagic's Founder profiles and Board Members

SnapMagic's employee count trend

SnapMagic has 29 employees as of Mar 26. Here is SnapMagic's employee count trend over the years:

Uncover SnapMagic's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of SnapMagic include Cadence, Synopsys and National Instruments. Here is the list of Top 10 competitors of SnapMagic, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cadence 1988, San Jose (United States), Public	Provider of electronic design automation software for semiconductor industry	-	Herald Investment Management, Concord Venture Capital Group ... & 9 others	72/100
2nd	Synopsys 1986, Sunnyvale (United States), Public	Provider of engineering solutions from silicon to systems, including EDA tools, semiconductor IP, and systems verification	-	Nvidia, Oak Investment Partners & 3 others	70/100
3rd	National Instruments 1976, Austin (United States), Acquired	Provider of hardware, software, and services for test and measurement	-	BAFA, Europa & 1 others	66/100
4th	proteanTecs 2017, Haifa (Israel), Series D	Provider of cloud-based lifecycle analytics software for chips	$250M	Koch Disruptive Technologies, Viola Group ... & 25 others	66/100
5th	Flux AI 2019, San Francisco (United States), Series B	Developer of an AI-powered platform for PCB design and layout	$49M	Outsiders Fund, 8VC & 11 others	65/100
6th	Cognichip 2024, Redwood City (United States), Series A	Developer of artificial intelligence software for semiconductor design automation tools	$93M	Seligman Ventures, Lux Capital & 4 others	63/100
7th	Normal Computing 2022, New York City (United States), Series A	Developer of AI software for hardware engineering and EDA solutions	$85M	Samsung Catalyst Fund, Celesta Capital & 8 others	62/100
8th	Data Patterns 1985, Chennai (India), Public	Provider of mission‑critical embedded electronic systems and sensor‑centric solutions	-	Yali Capital, SIDBI Venture Capital & 1 others	62/100
9th	Mentor Graphics 1981, Wilsonville (United States), Acquired	Developer of software tools for electronic design automation	-	Elliott Management, Gefinor Capital & 7 others	61/100
10th	Quilter 2019, Los Angeles (United States), Series B	Developer of AI-driven electronics design software for hardware development programs	$35M	Index Ventures, Benchmark & 3 others	59/100
21st	SnapMagic 2013, San Francisco (United States), Seed	Developer of an AI copilot for electronics circuit board design	$10K	Bow Capital, Y Combinator & 1 others	51/100