Magic Labs
The fastest way to build onchain
San Francisco, United States · Founded 2018 · $83.0M raised
- Headquarters
- San Francisco
- Founded
- 2018
- Business Model
- B2B
- Website
- magic.link
- Total Funding
- $83.0M
- Last Round
- $52.0M Venture RoundMay 2023
- Rounds
- 3
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Magic Labs, Inc. (formerly Fortmatic) is a San Francisco-based wallet infrastructure company operating since 2018 that provides a passwordless, non-custodial embedded wallet API for onboarding users via email, social login, passkeys, or SSO. Its platform powers over 53 million wallets across 18,000 applications for enterprise customers such as Polymarket, Immutable, and Mattel, and is backed by investors including PayPal Ventures and Lightspeed.
Summary
Magic Labs is a Crypto & Web3 company based in San Francisco, United States, founded in 2018. It has raised $83.0M in total across 3 rounds, most recently a $52.0M Venture Round in May 2023. Investors include Northzone, PayPal Ventures and Volt Capital.
Tech & App Stack
7 technologies & apps tracked
Every product and vendor across these categories, with where each signal came from.
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Funding History
May 2023
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Funding: Seed through Venture Round. Amounts, valuations, and investors where available.
Investors
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