Who has invested in Magic?

Eric Schmidt, Atlassian are named among the investors backing Magic.

Magic Funding: $320M Raised, Series C (2024)

Magic funding overview

Magic is an AI Infrastructure company. Magic has raised $320M in total disclosed funding. That places its disclosed total in the $250M–$1B range. Its most recent disclosed round is a Series C announced in August 2024. The round record for Magic runs through 2024; nothing later has been disclosed. Investors on record include Eric Schmidt, Atlassian. 2 distinct backers are named across the disclosed rounds.

Magic at a glance

Total raised: $320M
Latest round: Series C
Latest round date: August 2024
Industry: AI Infrastructure
Notable investors: Eric Schmidt, Atlassian

Frequently asked about Magic funding

How much has Magic raised?: Magic has raised $320M in total disclosed funding across the rounds on record.
Who has invested in Magic?: Eric Schmidt, Atlassian are named among the investors backing Magic.
What was the latest Magic funding round?: The most recent disclosed round is a Series C, announced in August 2024.
Where is Magic based?: No headquarters location is disclosed for Magic.
What sector does Magic operate in?: Magic is tracked under AI Infrastructure, with $320M in disclosed funding.
When did Magic last raise?: The last disclosed Magic round closed in August 2024 at Series C.

We update the Magic record whenever a new round is filed or announced, so the totals above track the public record rather than estimates. Related AI Infrastructure companies and their backers are listed below.

Magic Funding: $320M Raised, Series C (2024)

Magic funding overview

Magic at a glance

Frequently asked about Magic funding

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