MAGIC Fund

What is MAGIC Fund?

MAGIC Fund is a venture capital firm headquartered in Los Angeles, CA 90046, that specializes in early-stage investments, focusing on sectors such as Software, Media, Education, Business Solutions, FinTech and Financial Services, Retail and E-Commerce, Sales and Marketing, CleanTech, A.I. and Big Data, HealthTech and Fitness, Blockchain and Cryptos, Cloud Services and Infrastructure, Developer Tools, Future of Work, Medical Devices and Hospital Services, Payments, Healthcare and Wellness, Consumer, Pharmaceutical and Medicine.

With an investment range from $100,000 to $500,000 and a sweet spot of around $250,000, they target Pre-Seed, Seed, Early Stage, Series A, and Series B stages of company development. As a founders-backing-founders VC, they aim to invest in great founders globally, irrespective of the startup stage or revenue.

They emphasize the value of being backed by investors with first-hand entrepreneurial experience. Over the past 7 years, MAGIC Fund has contributed to the growth of over 250 startups.

Their portfolio includes diverse companies like PAYFAZZ, RETOOL, FRUBANA, Novo, Akido, and many more, covering various innovative solutions from mobile banking, no-code software, and tech-enabled farm-to-restaurant platforms to mobile business banking, the largest public health data network in the US, and real estate financing.

The firms feature companies utilizing technology in unique ways, like autonomous delivery robots, AI in the music industry, point-of-care lab results, and robotic coffee bars. MAGIC Fund supports startups not just with capital but also by providing valuable founder experience and resources.

What they say:

Early stage fund that invests in gaming, b2b/saas, fintech, healthcare, and from different regions in the world.

What we look for: We invest in great founders from around the world regardless of stage or revenue. We are founders ourselves investing in founders.

How we help: investor intros, advisory, networking.