Magic
formerly Magic AIBuilding frontier code models to automate software engineering
San Francisco, United States · Founded 2022 · $460.0M raised
- Headquarters
- San Francisco, California
- Employees
- 51–200
- Founded
- 2022
- Business Model
- B2B
- Website
- magic.dev
- Total Funding
- $460.0M
- Last Round
- $320.0M Series CAug 2024
- Rounds
- 3
About
Magic is building frontier code models that combine large-scale pretraining, domain-specific reinforcement learning, and ultra-long 100M token context windows to automate software engineering end-to-end. The company's models can read entire codebases, documentation, and issue trackers to plan, write, review, and test code autonomously, with the goal of safely accelerating AGI development through automated AI research.
Summary
Magic is an Artificial Intelligence company based in San Francisco, United States, founded in 2022. It has raised $460.0M in total across 3 rounds, most recently a $320.0M Series C round in Aug 2024. Investors include CapitalG, Eric Schmidt and NFDG.
Tech & App Stack
6 technologies & apps tracked
Create a free account — 10 credits a month to unlock the full tech & app stack, funding history, and valuations.
Sign up to view the funding chart
Create a free account — you'll get 10 credits a month to unlock funding history, valuations, and tech stacks.
Funding History
Aug 2024
Sign up to see all 3 rounds
Full funding history, per-round amounts, and investor participation.
Investors
.png){kind=avatar}
Similar Companies
Cursor is the best way to code with AI, and built to make you extraordinarily productive.
UiPath is an AI-enhanced end-to-end automation platform.
ML inference infrastructure for deploying and serving AI models at scale, performantly and cost-e...
AI hardware company building wafer-scale processors for deep learning training and inference
AI software engineering company building Devin, an autonomous AI coding agent capable of planning...
Skild AI is building a scalable AI foundation model for robotics to unlock intelligence in the em...