Total amount raised
$1 Millions
Latest funding date
11/01/2021
Location
THEMAGIC5 has successfully secured a $1 million investment from Mark Cuban and Robert Herjavec on Shark Tank. The company specializes in custom-fit swimming goggles, utilizing advanced technology to ensure a perfect fit for every user.
Keep reading to explore the intricacies of THEMAGIC5's fundraising journey and the investors backing this innovative platform.
What Is THEMAGIC5?
THEMAGIC5, based in Brooklyn, New York, specializes in custom-fit swimming goggles tailored to the unique contours of each customer's face using advanced technology and robotics. The company operates within the sports equipment industry, specifically focusing on swimming gear.
Endorsed by notable athletes and backed by a $1 million investment from Mark Cuban and Robert Herjavec on Shark Tank, THEMAGIC5 guarantees a perfect fit for their goggles, offering a refund policy if the fit is not satisfactory. The company provides a range of products, including adult and youth goggles, accessories, and gift cards.
How Much Funding Has THEMAGIC5 Raised?
- Pre-Seed Round
- Amount Raised: $1M
- Date: Nov 2021
- Lead Investors: Robert Herjavec
In total, THEMAGIC5 has raised $1M.
Key Investors
- Robert Herjavec
- Details: Robert Herjavec is a Canadian businessman, investor, and television personality. He is best known for his role on the TV show Shark Tank.
- Investment Focus Areas: Technology, cybersecurity, consumer products
- Notable Investments: Tipsy Elves, Synapse, The Bouqs Company
Use Clay to Get Funding Data
Sales professionals, leverage Clay’s platform to access comprehensive fundraising data on companies like THEMAGIC5 and gather other critical business insights. Sign up for free to start exploring the wealth of information available at your fingertips.
