Magic (Wilmington) Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 440

Employees

  • Latest Deal Type
  • Series A

  • Investors
  • 17

Magic (Wilmington) General Information

Description

Developer of a personal assistant application designed to provide a team of remote workers to businesses. The company's application offers administrative assistance, sales enrichment, qualification, and talent sourcing by college-educated staff, enabling clients to employ a flexible workforce and scale businesses.

Contact Information

Formerly Known As
Plus Labs
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 2810 North Church Street
  • Suite 55531
  • Wilmington, CA
  • United States
Primary Industry
Business/Productivity Software
Other Industries
Human Capital Services
Corporate Office
  • 2810 North Church Street
  • Suite 55531
  • Wilmington, CA
  • United States

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Magic (Wilmington) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Later Stage VC (Series A) 25-Jul-2024 Completed Generating Revenue
3. Later Stage VC 01-Jan-2021 Completed Generating Revenue
2. Early Stage VC (Series A) 30-Apr-2015 $12M $12.1M Completed Generating Revenue
1. Accelerator/Incubator 23-Mar-2015 $125K $125K Completed Startup
To view Magic (Wilmington)’s complete valuation and funding history, request access »

Magic (Wilmington) Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series A2
Series A1
Series A 5,303,098 $0.000100 $2.25 $2.25 1x $2.25 28.8%
To view Magic (Wilmington)’s complete cap table history, request access »

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Opportunity Score

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Exit Type

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Magic (Wilmington) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Magic (Wilmington) Investors (17)

Investor Name Investor Type Holding Investor Since Participating Rounds
2468 Ventures Venture Capital Minority
Altra Venture Partners Venture Capital Minority
Channel Angels Angel Group Minority
Founders First Venture Capital Minority
Gaingels Venture Capital Minority
You’re viewing 5 of 17 investors. Get the full list »

Magic (Wilmington) FAQs

  • When was Magic (Wilmington) founded?

    Magic (Wilmington) was founded in 2015.

  • Where is Magic (Wilmington) headquartered?

    Magic (Wilmington) is headquartered in Wilmington, CA.

  • What is the size of Magic (Wilmington)?

    Magic (Wilmington) has 440 total employees.

  • What industry is Magic (Wilmington) in?

    Magic (Wilmington)’s primary industry is Business/Productivity Software.

  • Is Magic (Wilmington) a private or public company?

    Magic (Wilmington) is a Private company.

  • What is Magic (Wilmington)’s current revenue?

    The current revenue for Magic (Wilmington) is .

  • How much funding has Magic (Wilmington) raised over time?

    Magic (Wilmington) has raised $12.1M.

  • Who are Magic (Wilmington)’s investors?

    2468 Ventures, Altra Venture Partners, Channel Angels, Founders First, and Gaingels are 5 of 17 investors who have invested in Magic (Wilmington).

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