Magnifi Funding: $47M Raised, Series B (2022)

Magnifi is based in North Carolina. It has raised $47M in total funding. Latest round: Series B.

Magnifi funding overview

Magnifi is based in North Carolina. Magnifi has raised $47M in total disclosed funding. That places its disclosed total in the $25M–$100M range. Its most recent disclosed round is a Series B announced in May 2022. The round record for Magnifi runs through 2022; nothing later has been disclosed. Investors on record include Moneta Ventures, Baring Private Equity Asia, Binny Bansal, Alpha Wave Global, A91 Partners, SOSV and 2 others. 8 distinct backers are named across the disclosed rounds.

Magnifi at a glance

Total raised
$47M
Latest round
Series B
Latest round date
May 2022
Headquarters
North Carolina
Notable investors
Moneta Ventures, Baring Private Equity Asia, Binny Bansal, Alpha Wave Global, A91 Partners, SOSV, Artesian, Bluestone Equity Partners

Frequently asked about Magnifi funding

How much has Magnifi raised?
Magnifi has raised $47M in total disclosed funding across the rounds on record.
Who has invested in Magnifi?
Moneta Ventures, Baring Private Equity Asia, Binny Bansal, Alpha Wave Global, A91 Partners, SOSV are named among the investors backing Magnifi.
What was the latest Magnifi funding round?
The most recent disclosed round is a Series B, announced in May 2022.
Where is Magnifi based?
Magnifi is based in North Carolina.
When did Magnifi last raise?
The last disclosed Magnifi round closed in May 2022 at Series B.

Totals shown for Magnifi aggregate every disclosed round on file. To see how that compares, browse the companies in North Carolina and the investors behind them below.

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