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Magical

Hire your first AI employee today

Founded 2020 United States San Francisco, United States 96 employees Series A Total: $41.00M Productivity

General Information

Company Name Magical
Founded Year 2020
Location United States San Francisco, United States +3
Employees 96
Industries Productivity
Funding Stage Series A
Social

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About Magical

Magical, founded in 2020, is revolutionizing the Productivity industry with its innovative slogan, "Hire your first AI employee today." Headquartered in the United States, this startup is captivating businesses globally with its unique agentic AI platform designed to automate complex workflows within a week. By leveraging AI employees that emulate human decision-making, Magical ensures over 90% reliability on complete end-to-end processes.

The platform is trusted by over 950,000+ users at 100,000+ companies, including celebrated names such as DHL, WebPT, Uber, Just Eat, and CV3. This adoption reflects its efficacy in taking IT, accounting, healthcare admin, and back-office tasks to new heights.

In its stride towards further expansion, Magical secured a substantial $35.00M Series A investment on 06 June 2022. Prestigious investors participating in this round include Bain Capital Ventures, Coatue, SV Angel, Altman Capital, Blank Ventures, GTMfund, Greylock, and Web Summit Ventures.

Taxonomy: agentic AI, workflow automation, digital workforce, process automation, AI employees, productivity app, business process automation, robotic process automation, intelligent automation, integrations, process mining, process intelligence, chrome extension, end-to-end automation

Services & Products

AI-Powered Workflow Automation
Real-time Action Tracking
Healthcare Workflow Optimization
Error Reduction in Billing
Patient Charting Improvement

Target Customers

Healthcare Providers Healthcare Payers Health Tech Companies Insurance Companies Clinical Administrators

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 8
Investor Investor Investor Investor Investor Investor
•••• ••••
06 Jun 2022
Seed Round •••••• 2 •••• •••• 01 Sep 2020

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FAQ About Magical

Hire your first AI employee today
Magical was founded in 2020.
Magical is headquartered in San Francisco, United States.
Magical operates in the following industries: Productivity.
Magical has approximately 96 employees.
Magical has completed 2 funding rounds, raising a total of $41.00M. The latest funding stage is Series A.
Magical offers: AI-Powered Workflow Automation, Real-time Action Tracking, Healthcare Workflow Optimization, Error Reduction in Billing, Patient Charting Improvement.
Top alternatives and competitors to Magical include Worksoft, Automation Anywhere, EvoluteIQ, Omnimap, BISOULOVELY. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Magical and Worksoft are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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