Accountable Magic Overview
- Year Founded
-
2022
- Status
-
Acquired/Merged
- Employees
-
5
- Latest Deal Type
-
M&A
Accountable Magic General Information
Description
Developer of a machine-learning accountability platform designed to make artificial intelligence accountable. The company's platform uses bleeding-edge cryptography and makes use of zero-knowledge machine learning for artificial intelligence models, enabling businesses to get more advanced decentralized protocols by minimizing the need for human governance over complex functions.
Contact Information
Website
www.accountablemagic.com(Operating Subsidiary)
Corporate Office
- 10 Comstock Circle Rosse
- House Apartment
- San Francisco, CA
- United States
Corporate Office
- 10 Comstock Circle Rosse
- House Apartment
- San Francisco, CA
- United States
Accountable Magic Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Merger/Acquisition | 12-Dec-2024 | Completed | Generating Revenue | |||
| 3. Seed Round | 26-Jul-2023 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 24-May-2023 | $1.3M | Completed | Startup | ||
| 1. Seed Round | $1.3M | $1.3M | Completed | Startup |
Accountable Magic Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed | ||||||||
| Seed-3 | ||||||||
| Seed-2 | 764,265 | $0.000010 | $0.65 | $0.65 | 1x | $0.65 | 5.45% | |
| Seed-1 | 252,207 | $0.000010 | $0.2 | $0.2 | 1x | $0.2 | 1.8% |
Accountable Magic Signals
Accountable Magic Former Investors (12)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 1kx | Venture Capital | Minority | ||
| Alliance | Accelerator/Incubator | Minority | ||
| AlphaDAO | Venture Capital | Minority | ||
| Bankless Ventures | Corporate Venture Capital | Minority | ||
| Blockchain Builders Fund | Venture Capital | Minority |
Accountable Magic FAQs
-
When was Accountable Magic founded?
Accountable Magic was founded in 2022.
-
Where is Accountable Magic headquartered?
Accountable Magic is headquartered in San Francisco, CA.
-
What is the size of Accountable Magic?
Accountable Magic has 5 total employees.
-
What industry is Accountable Magic in?
Accountable Magic’s primary industry is Business/Productivity Software.
-
Is Accountable Magic a private or public company?
Accountable Magic is a Private company.
-
What is Accountable Magic’s current revenue?
The current revenue for Accountable Magic is .
-
How much funding has Accountable Magic raised over time?
Accountable Magic has raised $6.3M.
-
Who are Accountable Magic’s investors?
1kx, Alliance, AlphaDAO, Bankless Ventures, and Blockchain Builders Fund are 5 of 12 investors who have invested in Accountable Magic.
-
When was Accountable Magic acquired?
Accountable Magic was acquired on 12-Dec-2024.
-
Who acquired Accountable Magic?
Accountable Magic was acquired by World.
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