MagicBus Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Employees
  • 13

Employees

  • Latest Deal Type
  • 2ndary - Private

  • Investors
  • 16

MagicBus General Information

Description

Developer of a bus booking platform designed to make vanpooling more flexible, dynamic, and accessible. The company partners with transit and vanpool via a technology that enables part-time or occasional riders to book rides on the empty seats of vehicle programs, enabling people to leverage this affordable and sustainable service.

Contact Information

Website
www.magicbus.io
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 1546 North Street
  • Andrews Street
  • Los Angeles, CA 90028
  • United States
+1 (626)
Primary Industry
Automotive
Other Industries
Information Services (B2C)
Application Software
Vertical(s)
Mobility Tech, Ridesharing, Mobile
Corporate Office
  • 1546 North Street
  • Andrews Street
  • Los Angeles, CA 90028
  • United States
+1 (626)

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

MagicBus Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Secondary Transaction - Private Completed Generating Revenue
3. Early Stage VC (Series A) 06-Nov-2019 Completed Generating Revenue
2. Accelerator/Incubator 22-Mar-2016 $120K $373K Completed Generating Revenue
1. Seed Round 26-Jan-2016 $253K $253K Completed Generating Revenue
To view MagicBus’s complete valuation and funding history, request access »

MagicBus Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate ($) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A7
Series A6
Series A5
Series A4
Series A3
Series A2
Series A1 28,835 $0.000010 $0 $0.05 $0.05 1x $0.05 0.03%
Series A 38,516,531 $0.000010 $0.01 $0.21 $0.21 1x $0.21 43.55%
To view MagicBus’s complete cap table history, request access »

MagicBus Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

MagicBus Investors (16)

Investor Name Investor Type Holding Investor Since Participating Rounds
Detroit Venture Partners Venture Capital Minority
Eric Ries Angel (individual) Minority
Flight Ventures Venture Capital Minority
Hard Yaka Venture Capital Minority
J.D. Fagan Angel (individual) Minority
You’re viewing 5 of 16 investors. Get the full list »

Ready to get started?

Request a free trial

MagicBus FAQs

  • When was MagicBus founded?

    MagicBus was founded in 2014.

  • Where is MagicBus headquartered?

    MagicBus is headquartered in Los Angeles, CA.

  • What is the size of MagicBus?

    MagicBus has 13 total employees.

  • What industry is MagicBus in?

    MagicBus’s primary industry is Automotive.

  • Is MagicBus a private or public company?

    MagicBus is a Private company.

  • What is MagicBus’s current revenue?

    The current revenue for MagicBus is .

  • How much funding has MagicBus raised over time?

    MagicBus has raised $9.4M.

  • Who are MagicBus’s investors?

    Detroit Venture Partners, Eric Ries, Flight Ventures, Hard Yaka, and J.D. Fagan are 5 of 16 investors who have invested in MagicBus.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »

  • 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 »