Magic AI (Electronic Equipment and Instruments) Overview
- Year Founded
-
2021
- Status
-
Private
- Employees
-
31
- Latest Deal Type
-
Series B
- Latest Deal Amount
-
$11.2M
- Investors
-
16
Magic AI (Electronic Equipment and Instruments) General Information
Description
Developer of a personalized fitness platform designed to encourage gamified training. The company's platform includes an AI-based fitness mirror, smart dumbbells, 3D sensors and computer vision cameras, which provide live feedback and offer a personalized training experience with guidance from athletes, enabling users to get a hyper-personalized personal training experience.
Contact Information
Website
www.magic.fitCorporate Office
- 9th Floor, 107 Cheapside
- London EC2V 6DN
- England, United Kingdom
Corporate Office
- 9th Floor, 107 Cheapside
- London EC2V 6DN
- England, United Kingdom
Magic AI (Electronic Equipment and Instruments) Timeline
Magic AI (Electronic Equipment and Instruments) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Later Stage VC (Series B) | 23-Sep-2026 | $11.2M | Completed | Generating Revenue | ||
| 6. Accelerator/Incubator | 23-Sep-2025 | Completed | Generating Revenue | |||
| 5. Early Stage VC | 25-Nov-2024 | Completed | Generating Revenue | |||
| 4. Accelerator/Incubator | 01-Jan-2024 | Completed | Generating Revenue | |||
| 3. Early Stage VC | 20-Jul-2023 | Completed | Generating Revenue | |||
| 2. Angel (individual) | 01-Sep-2022 | $1.72M | Completed | Generating Revenue | ||
| 1. Early Stage VC | 22-Mar-2022 | $1.72M | $1.72M | Completed | Generating Revenue |
Magic AI (Electronic Equipment and Instruments) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| A Ordinary | ||||||||
| Preference | 232,395 | $0.000001 | $3.31 | $3.31 | 1x | $3.31 | 11.16% | |
| Ordinary | 236,447 | $0.000001 | $3.31 | $3.31 | 1x | $3.31 | 11.36% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Magic AI (Electronic Equipment and Instruments) Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Magic AI (Electronic Equipment and Instruments) Patents
Magic AI (Electronic Equipment and Instruments) Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| GB-202402646-D0 | Magic ai mirror for computer vision based pose detection and personal exercise guidance | Inactive | 24-Feb-2024 |
Magic AI (Electronic Equipment and Instruments) Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Magic AI (Electronic Equipment and Instruments) Investors (16)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Accelerate Ventures (London) | Venture Capital | Minority | ||
| Beringea | Venture Capital | Minority | ||
| PXN Group | Venture Capital | Minority | ||
| Tech Nation Group | Accelerator/Incubator | |||
| Active Partners | Growth/Expansion | Minority |
Magic AI (Electronic Equipment and Instruments) FAQs
-
When was Magic AI (Electronic Equipment and Instruments) founded?
Magic AI (Electronic Equipment and Instruments) was founded in 2021.
-
Where is Magic AI (Electronic Equipment and Instruments) headquartered?
Magic AI (Electronic Equipment and Instruments) is headquartered in London, United Kingdom.
-
What is the size of Magic AI (Electronic Equipment and Instruments)?
Magic AI (Electronic Equipment and Instruments) has 31 total employees.
-
What industry is Magic AI (Electronic Equipment and Instruments) in?
Magic AI (Electronic Equipment and Instruments)’s primary industry is Electronic Equipment and Instruments.
-
Is Magic AI (Electronic Equipment and Instruments) a private or public company?
Magic AI (Electronic Equipment and Instruments) is a Private company.
-
What is Magic AI (Electronic Equipment and Instruments)’s current revenue?
The current revenue for Magic AI (Electronic Equipment and Instruments) is .
-
How much funding has Magic AI (Electronic Equipment and Instruments) raised over time?
Magic AI (Electronic Equipment and Instruments) has raised $20.3M.
-
Who are Magic AI (Electronic Equipment and Instruments)’s investors?
Accelerate Ventures (London), Beringea, PXN Group, Tech Nation Group, and Active Partners are 5 of 16 investors who have invested in Magic AI (Electronic Equipment and Instruments).
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process
