About Magic AI
Magic AI is a private company based in San Francisco, California, incorporated in 2022 in Delaware. It has reported $466,207,455 raised in four offerings on Form D since March 2023. Its chief executive is Eric Steinberger.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Mar 29, 2024 | Sep 12, 2024 | $320,749,651fully sold | 12 | $26.7M | EquityRule 506(b) | Form D ↗ |
| Feb 26, 2024 | Mar 13, 2024 | $50,000fully sold | 1 | $50,000 | OptionsRule 506(b) | Form D ↗ |
| Feb 12, 2024 | Feb 16, 2024 | $117,332,923fully sold | 3 | $39.1M | EquityRule 506(b) | Form D ↗ |
| Jun 30, 2022 | Mar 22, 2023 | $28,074,881of $28.0M target | 23 | $1.2M | Equity, Debt, Options, Securities on exerciseRule 506(b) | Form D ↗ |
| Total, four offerings | $466,207,455 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on Magic AI's Form D filed Sep 12, 2024.
SR
Sebastian-Paul De Ro
Executive officer and director
NF
Nat Friedman
Director
ES
Eric Steinberger
Chief Executive Officer and director
JC
Jill Chase
Director
AK
Arun Anthony Kumar
Director