Magic AI, Inc

Venture-backed company · Stage unknown· San Francisco, CA
Rounds on record
3
Latest round
Mar 29, 2024
Form D equity offering
Latest round size
$321M
Form D industry: Other
More
Ask DFX about thisView relationshipsFinancing historyInvestorsOwnership and outcomes
As of · the latest observation of this company; each round carries its own date

3 additional officers and directors

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What matters now

  1. 1 investor
    named

    1 investor on record.

    The investors already on the cap table shape who leads the next round.

    Factfunding announcements, portfolio pages and Form DFor Investors, foundersInvestors →
  2. 6 directors
    board

    6 directors on record from Form D filings and board-seat attributions.

    The board is who decides on the next round and on a sale.

    FactSEC Form D related personsFor Investors, acquirersPeople →
Drawing the relationship network…

Facts

Year of incorporation
2022sec.gov
Revenue range (Form D)
Decline to Disclosesec.gov
Rounds on record
3
Disclosed raised
unknownsum of rounds with a disclosed amount only
Named investors
1

Financing history

3 rounds
  1. Mar 29, 2024
    Form D equity offering · $321M (form d sold) · 12 investors
    Fact Form D · “Magic AI, Inc filed Form D: $320,749,651 sold of $320,749,651, Other”
  2. Feb 26, 2024
    Form D equity offering · $50,000 (form d sold) · 1 investor
    Fact Form D · “Magic AI, Inc. filed Form D: $50,000 sold of $50,000, Other”
  3. Feb 12, 2024
    Form D equity offering · $117M (form d sold) · 3 investors
    Fact Form D · “Magic AI, Inc. filed Form D: $117,332,923 sold of $117,332,923, Other”

Investors on record

1 edge

Ownership and outcomes

none on record
Outcome stated by investors

No firm portfolio page lists this company, so no outcome is stated.

No later owner or exit on record: no private equity sponsor position and no acquisition, listing or IPO report names this company.

Credit relationships

none on record
No lender position matched to this company.

People

2 officers, 6 directors

Timeline

3 events
  1. Sep 12, 2024
    Magic AI, Inc filed Form D: $320,749,651 sold of $320,749,651, Other
    Form D filed Fact Form D
  2. Mar 13, 2024
    Magic AI, Inc. filed Form D: $50,000 sold of $50,000, Other
    Form D filed Fact Form D
  3. Feb 16, 2024
    Magic AI, Inc. filed Form D: $117,332,923 sold of $117,332,923, Other
    Form D filed Fact Form D

Evidence

45 observations
Every observation on this company
  • Entity type: Corporation Sep 12, 2024 Fact Form D
  • Entity type: Corporation Mar 13, 2024 Fact Form D
  • Entity type: Corporation Feb 16, 2024 Fact Form D
  • Form D industry group: Other Sep 12, 2024 Fact Form D
  • Form D industry group: Other Mar 13, 2024 Fact Form D
  • Form D industry group: Other Feb 16, 2024 Fact Form D
  • Amendment: false Sep 12, 2024 Fact Form D
  • Amendment: false Mar 13, 2024 Fact Form D
  • Amendment: false Feb 16, 2024 Fact Form D
  • Revenue range (Form D): Decline to Disclose Sep 12, 2024 Fact Form D
  • Revenue range (Form D): Decline to Disclose Mar 13, 2024 Fact Form D
  • Revenue range (Form D): Decline to Disclose Feb 16, 2024 Fact Form D
  • Incorporated: withinFiveYears Sep 12, 2024 Fact Form D
  • Incorporated: withinFiveYears Mar 13, 2024 Fact Form D
  • Incorporated: withinFiveYears Feb 16, 2024 Fact Form D
  • Jurisdiction: Delaware Sep 12, 2024 Fact Form D
  • Jurisdiction: Delaware Mar 13, 2024 Fact Form D
  • Jurisdiction: Delaware Feb 16, 2024 Fact Form D
  • Amount sold (Form D): $321M Sep 12, 2024 Fact Form D
  • Amount sold (Form D): $50,000 Mar 13, 2024 Fact Form D
  • Amount sold (Form D): $117M Feb 16, 2024 Fact Form D
  • Offering amount (Form D): $321M Sep 12, 2024 Fact Form D
  • Offering amount (Form D): $50,000 Mar 13, 2024 Fact Form D
  • Offering amount (Form D): $117M Feb 16, 2024 Fact Form D
  • Exemptions: 06b Sep 12, 2024 Fact Form D
  • Exemptions: 06b Mar 13, 2024 Fact Form D
  • Exemptions: 06b Feb 16, 2024 Fact Form D
  • First sale: 2024-03-29 Sep 12, 2024 Fact Form D
  • First sale: 2024-02-26 Mar 13, 2024 Fact Form D
  • First sale: 2024-02-12 Feb 16, 2024 Fact Form D
  • Investors (Form D): 12 Sep 12, 2024 Fact Form D
  • Investors (Form D): 1 Mar 13, 2024 Fact Form D
  • Investors (Form D): 3 Feb 16, 2024 Fact Form D
  • Minimum investment (Form D): 0 Sep 12, 2024 Fact Form D
  • Minimum investment (Form D): 0 Mar 13, 2024 Fact Form D
  • Minimum investment (Form D): 0 Feb 16, 2024 Fact Form D
  • Securities offered: equity Sep 12, 2024 Fact Form D
  • Securities offered: option Mar 13, 2024 Fact Form D
  • Securities offered: equity Feb 16, 2024 Fact Form D
  • Office address: Sep 12, 2024 Fact Form D
  • Office address: Mar 13, 2024 Fact Form D
  • Office address: Feb 16, 2024 Fact Form D
  • Year of incorporation: 2022 Sep 12, 2024 Fact Form D
  • Year of incorporation: 2022 Mar 13, 2024 Fact Form D
  • Year of incorporation: 2022 Feb 16, 2024 Fact Form D

Record history

3 dated events on the change ledger, latest event first
  • Form D filed
    2024-09-12source on record
  • Form D filed
    2024-03-13source on record
  • Form D filed
    2024-02-16source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.