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Total amount raised
$1.22M
Latest funding date
2019-07-01
Location
Magic AI has successfully secured investments from prominent institutions such as iFlytek, Qualcomm, and Chuangyebang. The company specializes in providing a comprehensive suite of virtual human solutions, including the AmazingMe Virtual Human Platform and the VLive Virtual Human Live Streaming System.
What Is MAGIC AI?
Magic AI Corp is a computer vision-based machine learning company focused on collecting and analyzing behavioral data for animals. Founded by Alexa Anthony and Jacob Sullivan, the company developed the StableGuard product, providing real-time monitoring and wellness alerts for horses.
Headquartered in the United States, Magic AI Corp participated in the Alexa Accelerator powered by Techstars. The company is now listed as closed on Crunchbase.
How Much Funding Has MAGIC AI Raised?
- Seed Round (Techstars Accelerator)
- Amount Raised: Undisclosed
- Date: October 2017
- Lead Investors: Techstars
- Seed Round
- Amount Raised: USD 1,200,000
- Date: April 2018
- Lead Investors: Vani Khosla
- Pre-Seed Round
- Amount Raised: USD 20,000
- Date: July 2019
- Lead Investors: Techstars
Total Amount Raised: At least USD 1,220,000 based on disclosed funding (one round amount undisclosed).
Key Investors
- Techstars
- Details: Techstars is a global startup accelerator and investment platform that supports entrepreneurs through mentorship-driven accelerator programs. It has backed thousands of companies worldwide across various industries.
- Investment Focus Areas: Early-stage startups, technology, consumer products.
- Notable Investments: Magic AI Corp, Sendgrid, Digital Ocean.
- Vani Khosla
- Details: Vani Khosla is an angel investor, equine enthusiast, and technologist. She led the $1.2M seed round for Magic AI Corp and joined as board director and strategic adviser, advising on product development for StableGuard.
- Investment Focus Areas: Animal technology, AI, early-stage startups.
- Notable Investments: Magic AI Corp.
- Chris Alliegro
- Details: Chris Alliegro is an individual investor who participated in Magic AI Corp's funding rounds. Specific investment details are not publicly disclosed.
- Investment Focus Areas: Undisclosed.
- Notable Investments: Magic AI Corp.
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