MAGIC Fund has announced a $30 million Debut Fund to advance its global vision of founders backing other founders. Over the past seven years, the fund has supported over 250 startups. This approach is echoed by figures like Naval Ravikant, who has stated that the most effective founders often seek support from fellow founders who have direct, first-hand experience in the field.
Featured Companies
- PAYFAZZ: Mobile banking and payments for SE Asia
- RETOOL: No-code software for building internal tools
- FRUBANA: Tech enabled farm-to-restaurant platform
- Novo: Mobile business banking for entrepreneurs
- Akido: Largest public health data network in the US
- Homebase: Real estate financing in Vietnam
- Proof: Boost web conversions via social validation
- Kiwibot: Automomous delivery robots of tomorrow
- Sunhouse: Creating the future of AI for the music industry
- Chronus Health: Portable system for point-of-care lab results in minutes
- CafeX: Robotic coffee bar
- Workclout: SaaS that helps manufacturers increase their factory’s operational efficiency
- Grin: Leading influencer marketing SaaS for D2C e-commerce brands
- Fintual: Automated passive investment platform
- Allure Systems: AI-powered apparel images for eCommerce
- Switchboard: Truck freight marketplace
- Talla: AI-powered automation for service and support teams
- BAMBOO: First online platform that enables Africans to buy US/Global securities
- Draftbit: Visually build native mobile apps—all from your browser.
- Somos: Internet for the urban developing world
- Dryvebox: Mobile golf simultator
- Openland: Modern voice-and-chat social network
- LeadIQ: Sales prospecting tool for lead generation
- Promoted: Performance ads & discovery for marketplaces
- Proof Trading: New institutional equities broker
- NachoNacho: Virtual payment cards for businesses
- SKETCHBOX: Design & collaboration tool for AR/VR
- Better Days: Community for people living with chronic illnesses
- Move: Supermarket of the future
- Cantos: Early-stage fund investing across industrial and frontier technologies
- Vathys: 10x faster deep learning processor
- Bolt: An end-to-end checkout, payments, and fraud solution
- AI Insurance: Cloud-based claims management software for the insurance industry
- Reelables: Ultra-thin flexible Bluetooth trackers that are built into labels
- Okteto: Application development platform for Kubernetes
- Voyance: Data science as a service
- Lawyaw: Legal document automation software
- Muxy: Tools to develop interactive live video apps
- ASKDATA: Easy data search for employees through Natural Language
- MEDUMO (ACQUIRED): Intelligent patient instructions for hospitals
- BLUEBERRY: On demand pediatric care on your phone
- Stitchroom: Custom made-to-order home furnishings
- Swipe: Liquidity and cash flow management tool for African SMBs
- Apero Health: Automate medical billing for doctor's offices
- ScholarMe: Common app for college financing
- Legacy: Sperm bank for the future
- LASERFOCUS: Superhuman for salespeople
- HIDEOUT: We're making delivery-only food brands
- Jitter: Figma for motion design
- OXYGEN: Banking and lending for the gig-economy
- Homestead: Convert your garage into a rental property
- Indicina: Credit infrastructure and scoring for Africa
- Join Stream: Virtual class platform
- Evolve Credit: Credit infrastructure and marketplace for Africa
- Eden Life: Home concierge at your service
- RevOps Health: Healthcare billing and claims analytics
- Bongalow: Best home loans for Africans
- Ontop: Taxes, onboarding, and payments for global teams
- Mono: Plaid for Africa
- Koa: Savings platform for East Africa
- X3 Builders: Technology-enabled general contractor
- Bankly: Financial services for Nigeria's underserved
- Acho: A GUI for data engineering tasks
- Crowdforce: Africa's largest offline distribution network
- Fieldproxy: All-in-one tool to manage your field team
- Peeba: Buy wholesale from unique brands
- Bimaplan: Affordable insurance plans for Indians
Entrepreneurs who are in the process of starting a company are invited to connect with MAGIC Fund to share their ventures.