Magic (Wilmington) Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 440

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 18

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, DE
  • United States
+1 (888)
Primary Industry
Business/Productivity Software
Other Industries
Human Capital Services
Corporate Office
  • 2810 North Church Street
  • Suite 55531
  • Wilmington, DE
  • United States
+1 (888)

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Magic (Wilmington) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Later Stage VC 01-Nov-2025 Completed Generating Revenue
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 »

VC Exit Predictor

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Opportunity Score

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Exit Type

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Magic (Wilmington) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a personal assistant application designed to provide a team of remote workers to businesses. The company's
Business/Productivity Software
Wilmington, DE
440 As of 2022

London, United Kingdom
 
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Magic (Wilmington) Competitors (1)

One of Magic (Wilmington)’s competitors is Nuggets, a Venture Capital-Backed company based in London, United Kingdom.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Nuggets Venture Capital-Backed London, United Kingdom
You’re viewing 1 of 1 competitors. Get the full list »

Magic (Wilmington) Patents

Magic (Wilmington) Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
WO-2017151670-A1 Reflective switching device for inputting diifferent wavelengths of light into waveguides Inactive 01-Mar-2016

Magic (Wilmington) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Magic (Wilmington) Investors (18)

Investor Name Investor Type Holding Investor Since Participating Rounds
Jmtd Holdings Venture Capital Minority
Makai VC Venture Capital Minority
2468 Ventures Venture Capital Minority
Altra Venture Partners Venture Capital Minority
Channel Angels Angel Group Minority
You’re viewing 5 of 18 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, DE.

  • 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?

    Jmtd Holdings, Makai VC, 2468 Ventures, Altra Venture Partners, and Channel Angels are 5 of 18 investors who have invested in Magic (Wilmington).

  • Who are Magic (Wilmington)’s competitors?

    Nuggets is a competitor of Magic (Wilmington).

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