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Magic Fund

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 174
Average round size
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The average size of a deal this fund participated in
$1M
Portfolio companies 141
Rounds per year 24.86
Lead investments 1
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.18
Exits 2
Key employees Soon
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • Software
  • Financial Services
  • Health Care
  • FinTech
  • Information Technology

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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Playbite

Gaming
Online Games
$1M30 Oct 2023 St Louis, Missouri, United States

Partum Health

Health Care
Home Health Care
Medical
$3M23 Sep 2023 Chicago, Illinois, United States

Frigade

Developer Tools
Software
$3M21 Jul 2023 San Francisco, California, United States

Balad

Finance
Financial Services
FinTech
08 May 2023 Cairo, Al Qahirah, Egypt

Estafsar

InsurTech
$400K01 May 2023 Cairo, Al Qahirah, Egypt

Rebel Tech

Electronics
Machinery Manufacturing
Mobile Devices
$1M21 Apr 2023 Berlin, Berlin, Germany

Credable

Financial Services
$2M20 Mar 2023 Tanzania

Archetype

Billing
Developer APIs
Software
$3M28 Feb 2023 New York, New York, United States

Proglix

Industrial
Wholesale
$1M23 Feb 2023 Tangerang, Jawa Barat, Indonesia

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Total investments 174
Average round size 1M
Rounds per year 24.86
Peak activity year 2021
Lead investments 1
Follow on index 0.18
Exits 2
Group Appearance index 0.52

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Playbite

Gaming
Online Games
$1M30 Oct 2023 St Louis, Missouri, United States

Partum Health

Health Care
Home Health Care
Medical
$3M23 Sep 2023 Chicago, Illinois, United States

Frigade

Developer Tools
Software
$3M21 Jul 2023 San Francisco, California, United States

Balad

Finance
Financial Services
FinTech
08 May 2023 Cairo, Al Qahirah, Egypt

Estafsar

InsurTech
$400K01 May 2023 Cairo, Al Qahirah, Egypt

Rebel Tech

Electronics
Machinery Manufacturing
Mobile Devices
$1M21 Apr 2023 Berlin, Berlin, Germany

Credable

Financial Services
$2M20 Mar 2023 Tanzania

Archetype

Billing
Developer APIs
Software
$3M28 Feb 2023 New York, New York, United States

Proglix

Industrial
Wholesale
$1M23 Feb 2023 Tangerang, Jawa Barat, Indonesia
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