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Magic
Wallet-as-a-service (WaaS) provider
magic
Twitter
LinkedIn
Categories:
Dev Platform
Wallet
Infra
Ecosystem:
Moonbeam
Flow
Solana
Ethereum
Bitcoin
Optimism
Polygon
Zilliqa
BNB Chain
Tezos
Hedera
Celo
Algorand
Avalanche
Cronos
Harmony
Near
Arbitrum
Sonic
Sonic
Region:
United States
Founded:
2019
Magic is a wallet-as-a-service provider that helps businesses onboard users into web3 with instant non-custodial wallet creation. It uses email or social logins, while removing the need for seed phrases and browser extensions - making it indistinguishable from standard web2 experiences that everyday users are accustomed to. Magic offers features for end-to-end web3 onboarding including authentication, fiat onramps, NFT Minting and NFT Checkout.
Magic Fundraising
Strategic
Amount
$52M
Valuation
--
Date
May 31, 2023
Investors
PayPal Ventures*
Northzone
Volt Capital
Cherubic Ventures
Series A
Amount
$27M
Valuation
--
Date
Jul 22, 2021
Investors
Northzone*
Soona Amhaz
Roham Gharegozlou
Balaji Srinivasan
Volt Capital
CoinFund
Digital Currency Group
Alexis Ohanian
Tiger Global
Scott Belsky
Ryan Hoover
Jason Warner
Naval Ravikant
Seed
Amount
$4M
Valuation
--
Date
Jun 02, 2020
Investors
Placeholder*
Guillermo Rauch
Social Capital
Roham Gharegozlou
Volt Capital
SV Angel
Lightspeed Venture
Unusual Ventures
Cherubic Ventures
Naval Ravikant
Investor
SV Angel
United States
Soona Amhaz
Jason Warner
Guillermo Rauch
Alexis Ohanian
Ryan Hoover
Unusual Ventures
United States
Tiger Global
United States
Social Capital
Scott Belsky
Northzone
Balaji Srinivasan
Naval Ravikant
Cherubic Ventures
Taiwan
PayPal Ventures
United States
Roham Gharegozlou
Lightspeed Venture
United States
Volt Capital
Digital Currency Group
United States
Placeholder
United States
CoinFund
United States
Magic Team
Sean Li
Co-founder & CEO
Jaemin Jin
Co-founder & CPO
Arthur Jen
Co-Founder
Jed K.
Vice President of Finance and Operations
Adam Nickels
Head of Business Development
Magic Investment Portfolio
Rounds in the Past Year
0
Historical Rounds
1
Lead Investments
0
Portfolio Numbers
1
Opolis
Digital employment cooperative
Categories
DAO Solutions
Token Issuance
With Token
News
Scan QR Code to Explore more key information
Magic
Wallet-as-a-service (WaaS) provider
magic
Twitter
LinkedIn
Categories:
Dev Platform
Wallet
Infra
Ecosystem:
Moonbeam
Flow
Solana
Ethereum
Bitcoin
Optimism
Polygon
Zilliqa
BNB Chain
Tezos
Hedera
Celo
Algorand
Avalanche
Cronos
Harmony
Near
Arbitrum
Sonic
Sonic
Region:
United States
Founded:
2019
Magic is a wallet-as-a-service provider that helps businesses onboard users into web3 with instant non-custodial wallet creation. It uses email or social logins, while removing the need for seed phrases and browser extensions - making it indistinguishable from standard web2 experiences that everyday users are accustomed to. Magic offers features for end-to-end web3 onboarding including authentication, fiat onramps, NFT Minting and NFT Checkout.
Magic Fundraising
Fundraising Event
RoundAmountValuationDateInvestors
Strategic$52M--May 31, 2023
PayPal Ventures*
Northzone
Volt Capital
Cherubic Ventures
Series A$27M--Jul 22, 2021
Northzone*
Soona Amhaz
Roham Gharegozlou
Balaji Srinivasan
Volt Capital
CoinFund
Digital Currency Group
Alexis Ohanian
Tiger Global
Scott Belsky
Ryan Hoover
Jason Warner
Naval Ravikant
Seed$4M--Jun 02, 2020
Placeholder*
Guillermo Rauch
Social Capital
Roham Gharegozlou
Volt Capital
SV Angel
Lightspeed Venture
Unusual Ventures
Cherubic Ventures
Naval Ravikant
Investor
SV Angel
United States
Soona Amhaz
Jason Warner
Guillermo Rauch
Alexis Ohanian
Ryan Hoover
Unusual Ventures
United States
Tiger Global
United States
Social Capital
Scott Belsky
Northzone
Balaji Srinivasan
Naval Ravikant
Cherubic Ventures
Taiwan
PayPal Ventures
United States
Roham Gharegozlou
Lightspeed Venture
United States
Volt Capital
Digital Currency Group
United States
Placeholder
United States
CoinFund
United States
Magic Team
Sean Li
Co-founder & CEO
Jaemin Jin
Co-founder & CPO
Arthur Jen
Co-Founder
Jed K.
Vice President of Finance and Operations
Adam Nickels
Head of Business Development
Magic Investment Portfolio
Rounds in the Past Year
0
Historical Rounds
1
Lead Investments
0
Portfolio Numbers
1
ProjectFunding StatusRegionCategoriesEcosystemFoundedToken Issuance
Opolis
DAO Solutions
With Token
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