Adegoke Olubusi, MAGIC Fund

Adegoke Olubusi is the founding and managing partner of MAGIC Fund. See sector focus and contact routes.

About Adegoke Olubusi

Adegoke Olubusi is the founding and managing partner of MAGIC Fund, an early-stage venture capital firm based in Los Angeles, while also serving as co-founder and CEO of Helium Health, a major healthcare technology company in Sub-Saharan Africa [1][2]. His investment thesis targets pre-seed and seed-stage companies globally, with sector focus on fintech, healthcare, SaaS, enterprise software, women’s health, and developer tools [2][3]. MAGIC Fund typically writes checks between $100,000 and $300,000, and while Olubusi’s specific lead/follow behavior isn’t explicitly detailed, the fund positions itself as “founders-backing-founders,” suggesting active engagement [3][6]. Notable portfolio companies include Jasper, Retool, Bolt, Payfazz, and Bank Novo, reflecting the fund’s broad global footprint across 40 countries [2][4]. Olubusi distinguishes himself through his dual role as a successful operator in health tech and an investor, with public writing and interviews emphasizing the use of long-horizon healthcare data to build and evaluate AI systems for medicine [2]. He is a Forbes 30 Under 30 honoree and has been featured by CNBC, CNN, and TechCrunch for his work bridging technology,

Adegoke Olubusi at a glance

Role
Managing Partner
Organization
MAGIC Fund
Location
Los Angeles, CA
Investor type
Venture Capital
Focus areas
Cryptocurrency, Developer Tools, E-Commerce, Emerging Markets, FinTech, Health Care, Real Estate, SaaS

Frequently asked about Adegoke Olubusi

What does Adegoke Olubusi invest in?
Adegoke Olubusi at MAGIC Fund (Los Angeles, CA) — sector focus: Cryptocurrency, Developer Tools, E-Commerce, Emerging Markets, FinTech, Health Care, Real Estate, SaaS, Software, Financial Services, Finance, Artificial Intel….
How do I contact Adegoke Olubusi?
Adegoke Olubusi's published profile links (website, LinkedIn or X where available) are listed on the StartupFundraising.com investor profile.
Where is Adegoke Olubusi based?
Adegoke Olubusi is based in Los Angeles, CA.

Details on this investor come from filing and round data held in the StartupFundraising directory, refreshed on ingest. Founders use profiles like this one to qualify fit and to shortlist investors in Los Angeles.

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