Fundraising Fox

MAGIC Fund

Venture capital

Los Angeles · Pre-Seed–Seed · 11 people tracked

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Investment thesis

Pre-seed/seed firm operating as a decentralized fund-of-micro-funds run by 10–12+ repeat founder-GPs across regions, emphasizing small check sizes and empowering founder-GPs.

Invests inSector AgnosticAfricaAsia-PacificGlobalLos AngelesNorth America

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Seed
Check
$50K – $5M
HQ
Los Angeles, California, US
Leads rounds
Follows
Tracked investments
107

Team · 11 people

from public directories

What they invest in

from 50 of 107 portfolio companies

Enterprise Software ×19SaaS ×16Fintech ×15AI & Machine Learning ×14Healthtech ×8Consumer ×6Developer Tools ×5Logistics & Supply Chain ×5

HQs:United States×27Nigeria×6Colombia×2India×2Brazil×1Canada×1

Investments · 107 tracked

founders shown can be your intro path
Bamboo GlobalSEC filingmedium confidence

San Francisco, US

Richmond Imoh Bassey(Executive Officer, Director)Osayanmo Omorogbe(Director)Adegoke Olubusi(Director)

Board seatAdegoke Olubusi· per SEC Form D · $19.8M raise · filed Mar 2022

10x faster deep learning processor
Achoacho.io
Affordable insurance plans for Indians
Africa's largest offline distribution network
AI Insuranceaiinsurance.ioin𝕏

AI Insurance provides software for policy, insured, and claims management in the specialty insurance sector.

AI & Machine LearningEnterprise SoftwareFintechInsurTechSaaSNew York City, US

Cameron MacArthur(Founder)in

AI-powered apparel images for eCommerce
Akido Labsakidolabs.comin𝕏

Akido Labs develops an AI operating system designed for healthcare that leverages machine learning to enable personalized medical diagnostics and care coordination at scale.

AI & Machine LearningDigital HealthHealthtechInsurTechLos Angeles, US

Jared Goodner(Founder)Prashant Samant(Founder)John Greco(Director)Prasad Jeereddi(Director)Rohit Gupta(Director)

BoardAndrew Adams(Director)

Allure Systemsalluresystems.comin𝕏

Allure Systems develops generative AI technology that produces product images for fashion retailers, allowing brands to generate variations of apparel photos on different models and sizes without requiring physical photoshoots.

AI & Machine LearningE-commerceEnterprise SoftwareNew York City, US

Jeremy CHAMOUX(Founder)inGabrielle CHOU(Founder)in

Apero Healthaperohealth.comin𝕏

Apero is a healthcare software platform that provides scheduling, visit notes, revenue cycle management, patient billing, prescriptions, and financial reporting for medical practices.

HealthtechSaaSSan Francisco, US

Jacinda Shelly(Founder)inNick Shelly(Founder)in

Application development platform for Kubernetes
Askdataaskdata.comin𝕏acquired by SAP

Askdata provides a natural language interface that allows users to query their connected data sources by asking questions in everyday language and receiving analytical insights.

AI & Machine LearningData & InfrastructureEnterprise SoftwareSan Francisco, US

Giuseppe Ancona(Founder)inSimone Di Somma(Founder)in

Automated passive investment platform
Automomous delivery robots of tomorrow
Bambooinvestbamboo.comin𝕏

Bamboo is an investment platform that enables users in Africa to invest in U.S. stocks, ETFs, real estate investment trusts, and other asset classes with minimum investments starting at $10.

FintechLagos, NG

Richmond Bassey(Founder)inYanmo Omorogbe(Founder)in

Banklybankly.ngin𝕏

Bankly provides personal and business banking services in Nigeria, including business accounts, POS terminals for accepting card and bank transfer payments, and a Banking-as-a-Service model with APIs for third parties.

Fintech

Banknovobanknovo.comin𝕏

Banknovo offers merchant cash advances to small business owners for short-term working capital needs such as equipment, supplies, and operational expenses.

Fintech

Best home loans for Africans
Bimaplanbimaplan.coin𝕏

Bimaplan offers life and health insurance products tailored for low-income households in India, delivered through a mobile-first platform.

FintechInsurTechBengaluru, IN

Vikul Goyal(Founder)in

Blueberry Pediatricsblueberrypediatrics.comin𝕏

Blueberry Pediatrics provides 24/7 telemedicine consultations with board-certified pediatricians for families, supplemented by an at-home diagnostic kit to expand diagnosis capabilities and reduce urgent care visits.

Digital HealthHealthtechSan Francisco, US

Harrison Gordon(Founder/CEO)in

Bongalowbongalow.com
Buy wholesale from unique brands
Cafe Xcafexapp.com𝕏

CafeX operates fully autonomous robotic café systems that serve beverages and prepared items to consumers.

ConsumerRobotics

Cantoscantos.vc
Chronus Health

HealthtechMountain View, US

Ashish Jagtiani(Executive Officer, Director)Anand Parikh(Executive Officer, Director)

Common app for college financing
Crowdforcecrowdforce.ioin𝕏

CrowdForce operates a mobile app enabling small merchants across Africa to function as banking service points without establishing formal branch infrastructure.

FintechAbuja, NG

Oluwatomi Ayorinde(Founder)inDamilola Ayorinde(Founder)in

Custom made-to-order home furnishings
Data science as a service
Draftbitdraftbit.comin𝕏

Draftbit is a low-code platform that enables users to build web and mobile applications for iOS and Android using visual editing, AI agents, and integrated development tools.

Developer ToolsEnterprise SoftwareChicago, US

Brian Luerssen(Founder/CEO)in

Dryveboxdryvebox.com𝕏

Dryvebox operates a patented mobile golf simulator housed in a climate-controlled trailer powered by TrackMan, offering access to 400+ courses along with clubs, balls, a party deck, music, and televisions.

ConsumerHardwareSports Tech

EdenLifeouredenlife.com
Evolve Creditevolvecredit.coin𝕏
Fieldproxyfieldproxy.comin𝕏

Fieldproxy provides a no-code platform that lets organizations create mobile applications to coordinate and oversee field workforces at any scale.

Enterprise SoftwareFuture of WorkSaaSChennai, IN

Swaroop Vijayakumar(Founder)inBalakrishna Balasubramanian(Founder)in

Figma for motion design
Financial services for Nigeria's underserved
Findbetterdaysfindbetterdays.com
Fintualfintual.comin𝕏

Fintual is a regulated investment platform in Mexico that offers robo-advisor portfolio management, direct stock and ETF investing, and retirement savings accounts (PPR) for individual investors.

FintechSantiago, CL

Pedro Pineda(Founder/CEO)inAgustín Feuerhake(Founder)inOmar Larré(Founder)inAndres Marinkovic(Founder/CTO)in

Floatfloat.africa
Frigadefrigade.comin𝕏

Frigade provides an SDK and AI-powered platform for building product onboarding flows including checklists, tours, and announcements that adapt to product changes.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaSSan Francisco, US

Eric Brownrout(Founder)inChristian Mathiesen(Founder)in

BoardGuillermo RauchArash Ferdowsi

Frubana Incfrubana.comin𝕏

Frubana supplies food and ingredients to restaurants across Latin America through an online marketplace.

Enterprise SoftwareFintechLogistics & Supply ChainSão Paulo, BR

Fabian Gomez Gutierrez(Founder)inCarlo Dapuzzo(Director)Daniel Bilbao(Director)Simon Borrero(Director)

GRINgrin.coin

GRIN is a creator marketing platform that helps brands discover, manage, and execute partnerships with creators and influencers.

Creator EconomyMarketing TechSaaS

Brandon Brown(Founder)Ryan Brown(Founder)Ryan Debenham(CEO)in

GuruHotelguruhotel.comin𝕏

GuruHotel is an AI-powered website builder and direct booking platform for hotels that automates reservation management and integrates real-time inventory.

AI & Machine LearningFintechSaaSTravel & HospitalityMexico City, MX

Jorge Flores Acevedo(Founder)inJosue Gio 🔥(Founder)inStiven Martinez(Founder)in

Healthcare billing and claims analytics
Hideoutfindhideout.comin𝕏

Hideout operates a delivery meal service designed to provide a dining experience comparable to restaurant or home-cooked meals.

ConsumerFoodTechLos Angeles, US

Brian Leung(Founder)inDanielle Sobel(Founder)in

Homebasehomebase.com.vn
Homesteadhomestead.is
Indicinaindicina.coin𝕏

North Houston, US

Olayemi Ajao(Director)Yvonne Oyetakin(Executive Officer, Director)

Intelligent patient instructions for hospitals
Jitterjitter.videoin𝕏

Jitter is an AI-powered animation software that converts static designs into animated videos and assets.

AI & Machine LearningCreator EconomyDeveloper ToolsEnterprise SoftwareSaaSParis, FR

Etienne Albert(Founder)inSébastien Robaszkiewicz(Founder)in

Kiwi Campuskiwibot.comin𝕏

Kiwibot develops autonomous delivery robots that operate across multiple countries and continents.

HardwareLogistics & Supply ChainRoboticsMiami, US

Sergio Pachon(Executive Officer, Director)Eduardo Iniguez(Executive Officer)Andres Felipe Chavez(Executive Officer, Director)Joseph Huang(Director)Judah Longgrear(Executive Officer, Director)Andres Felipe Chavez Cortes(Executive Officer, Director)

Klashaklasha.comin𝕏

Klasha is a cross-border payments platform that enables businesses to collect, send, and hold funds between Africa and Asia, supporting over 120 currencies.

FintechLagos, NG

Jess Anuna

Laserfocuslaserfocus.ioin𝕏

Laserfocus automatically identifies and prioritizes high-value prospects and deals for sales teams to increase productivity and help them meet revenue targets.

Enterprise SoftwareSaaSSales TechBerlin, DE

Daniel Dinh(Founder)inMarc Höffl(Founder)in

Lawyawlawyaw.comin𝕏acquired by Clio

Clio Draft is AI-powered legal drafting software that automates document creation for law firms, from client intake to final drafting, and provides access to up-to-date court forms.

AI & Machine LearningEnterprise SoftwareLegalTechSaaSSan Francisco, US

Tucker Cottingham(Founder/CEO)inJack Newton(Co-founder)Rian Gauvreau(Co-founder)

LeadIQleadiq.comin𝕏
Legacygivelegacy.comin𝕏

Legacy provides at-home fertility testing kits that deliver results quickly, serving couples seeking to conceive.

Digital HealthHealthtechWellness & FitnessNew York City, US

Khaled Kteily(Founder)inSarah Steinle(Founder)in

Legal document automation software
LunaJoy Healthhellolunajoy.comin𝕏

LunaJoy is a mental health platform that connects women facing postpartum challenges with mental health providers.

Digital HealthFemTechHealthtechMental HealthAtlanta, US

Sipra Laddha(Founder)inShama Rathi(Founder)in

Medumomedumo.comin𝕏acquired by Philips

Medumo provides automated text and email messaging systems that guide patients through medical procedures and referrals for hospitals and surgical centers.

HealthtechBoston, US

Adeel Yang(Founder/CEO)inJacob Cohen(Founder)inSatish Tadikonda(Director)Laura Lang(Director)

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Frequently asked questions

What stage does MAGIC Fund invest at?
MAGIC Fund invests at the Pre-Seed, Seed stages.
What is MAGIC Fund's typical check size?
MAGIC Fund typically writes checks of $50K – $5M.
What sectors does MAGIC Fund focus on?
MAGIC Fund focuses on Sector Agnostic.
Where is MAGIC Fund located?
MAGIC Fund is headquartered in Los Angeles, US.
Does MAGIC Fund lead rounds?
MAGIC Fund typically participates in rounds rather than leading them.

Images

MAGIC Fund photo

Co-investors · 8

Techstars

Techstars is a startup accelerator and early-stage investor that funds ambitious founders and provides capital, mentorship, and access to a global network of investors, operators, and corporate partners.

Both backed · 1
$220K
Flybridge Capital Partners

Flybridge Capital Partners is an early-stage venture firm backing founders building AI-driven companies, from AI infrastructure and agentic business applications to entirely AI-native products.

$250K – $10M
Unusual Ventures

Unusual Ventures is an early-stage venture capital firm that backs enterprise founders from initial insight through market leadership, providing a proprietary playbook for finding product-market fit.

$1M – $15M
Dnx Ventures

DNX Ventures is a venture capital firm investing in early-stage B2B software startups, with its Japan Fund targeting seed and Series A companies in Japan and across Asia.

$1M – $5M
LCX

LCX Exchange USA is a cryptocurrency exchange platform being developed for US customers, emphasizing transparent pricing, secure asset custody, and compliance-first operations.

Motivate Venture Capital

Motivate Venture Capital (MVC) is an early-stage venture firm that invests in pre-seed and seed companies, co-creates new ventures with founders, and backs emerging VC funds.

$250K – $3M
Deciens

Deciens is a venture capital firm backing early-stage founders building the next generation of financial services and driving the digital transformation of established institutions.

$500K – $5M
Reciprocal Ventures

Reciprocal Ventures is an early-stage venture firm that has partnered with crypto and blockchain founders from inception since 2017.

$250K – $3M

Firms observed investing alongside MAGIC Fund, from public investor directories. Shared companies are the overlap with MAGIC Fund's recorded portfolio.

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