Fundraising Fox

Magic Ai

San Francisco, US · Founded 2022 · Delaware corporation · 1 known investors

Founders & leadership

Magic Ai was founded in 2022 by Sebastian-Paul De Ro and Eric Steinberger.

SD
Sebastian-Paul De RoCo-founder
ES
Eric SteinbergerCo-founder

Board

NF
Nat FriedmanBoard director
JC
Jill ChaseBoard director
AA
Arun Anthony KumarBoard director

Investors · 1

Active PartnersLondon · $250K – $19M

Reported raises · per SEC filings

Form D private placements

$466.2M disclosed across 4 rounds · 2022–2024

▶$320.7MraisedSep 2024 · 12 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Sebastian-Paul De RoExecutive Officer, Director
  • Nat FriedmanDirector
  • Eric SteinbergerExecutive Officer, Director
  • Jill ChaseDirector
  • Arun Anthony KumarDirector
Offering amount
$320.7M
Amount sold
$320.7M
First sale
Mar 2024
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$50KraisedMar 2024 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Nat FriedmanDirector
  • Sebastian-Paul De RoDirector
  • Jill ChaseDirector
  • Arun KumarDirector
  • Eric SteinbergerExecutive Officer, Director
Offering amount
$50K
Amount sold
$50K
First sale
Feb 2024
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$117.3MraisedFeb 2024 · 3 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Sebastian-Paul De RoDirector
  • Eric SteinbergerExecutive Officer, Director
  • Jill ChaseDirector
  • Arun KumarDirector
  • Nat FriedmanDirector
Offering amount
$117.3M
Amount sold
$117.3M
First sale
Feb 2024
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$28.1MraisedMar 2023 · 23 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Jill ChaseDirector
  • Sebastian-Paul De RoExecutive Officer, Director
  • Eric SteinbergerExecutive Officer, Director
Offering amount
$28.1M
Amount sold
$28.1M
First sale
Jun 2022
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

Who founded Magic Ai?
Magic Ai was founded by Sebastian-Paul De Ro, Eric Steinberger in 2022.
Who are Magic Ai's investors?
Magic Ai's investors include Active Partners.
How much funding has Magic Ai raised?
Magic Ai has disclosed $466.2M raised across 4 rounds.
Where is Magic Ai headquartered?
Magic Ai is headquartered in San Francisco, US.