🦊/Companies

Magic

London, GB · 1 known investors

Find your way into Magic

480 people in our graph share verified history with the Magic team — schools, employers, funds. One of them is your warm intro.

Sridhar Ramaswamyunlockedknows Varun Bhanot · together at University of Cambridge (overlapped)
×6knows the team · via The London School of Economics and Political Science (LSE)
×4knows the team · via University of Cambridge
knows the team · via Entrepreneur First

Magic offers smart dumbbells and an adjustable fitness bench designed for home gyms, featuring AI-powered form correction and rep tracking. The bundle provides a compact, space-saving weights solution with adjustable increments up to 20kg per dumbbell paired with a multi-position bench.

Founders & leadership

VBVarun Bhanot
Varun BhanotinFounderVarun Bhanot left investment banking to co-found Magic AI, which develops AI-powered fitness technology including smart mirrors with computer vision capabilities for form tracking and rep counting. The company has achieved $14M in revenue within two years and raised $9M from venture firms and angels.

Investors · 1

Funding

SEC filings, press & company announcements

$50M disclosed across 1 of 2 rounds · 2025–2026

Source: company announcements and press reports — follow each round's link for the claim.

Companies House · registry record

View on Companies House ↗
Registered name
MAGIC LIMITED
Company number
04259567
Status
Dissolved
Company type
Private limited company
Incorporated
26 Jul 2001
Dissolved
19 Nov 2019
Registered office
20 High Street, Lewes, BN7 2LN
Nature of business (SIC)
74990 — Non-trading company
Accounts
last made up to 31 Jul 2017

Current officers

  • Karen Miles secretary, appointed 30 Jul 2001
  • Christopher John Axton director, appointed 30 Jul 2001

Source: Companies House public register · retrieved 16 Aug 2026. Contains public sector information licensed under the Open Government Licence v3.0.

In the news

Frequently asked questions

What does Magic do?
Magic offers smart dumbbells and an adjustable fitness bench designed for home gyms, featuring AI-powered form correction and rep tracking. The bundle provides a compact, space-saving weights solution with adjustable increments up to 20kg per dumbbell paired with a multi-position bench.
Who founded Magic?
Magic was founded by Varun Bhanot.
Who are Magic's investors?
Magic's investors include IW Capital.
How much funding has Magic raised?
Magic has disclosed $50M raised across 1 of its 2 known rounds.
Where is Magic headquartered?
Magic is headquartered in London, GB.