Magical logo — Hire your first AI employee today

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
Employees 96
Industries Productivity
Funding Stage Series A
Business Model SaaS, B2B, Platform
Revenue Model Subscription, Usage Based, Tiered Pricing
Social

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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

In The News Oct 01, 2026

Featured on Cnbc: AI is operating inside the healthcare billing system. Patients may already be pa...

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.

Business keywords: 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 $35.00M 8
Bain Capital Ventures, Coatue +6
06 Jun 2022
Seed Round $6.00M 2
Dylan Field, Joe Thomas
01 Sep 2020

Magical Alternatives & Competitors

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Magical vs
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GoCanvas
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Planfix
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Cut operational costs and reduce human mistakes by improving and automating your workflows.

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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 Productivity. Its work centres on agentic AI, workflow automation, digital workforce and process automation. Its customers include Healthcare Providers, Healthcare Payers and Health Tech Companies.
Magical has a SaaS, B2B and Platform business model. Its revenue comes from Subscription, Usage Based and Tiered Pricing.
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 Bardeen, GoCanvas, Planfix, DragApp, ISAAC Intelligence - an Iglu Tech Group Company . These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Magical and Bardeen 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.

Source: BounceWatch company record for Magical, https://bouncewatch.com/company/magical, updated 3 February 2026. When citing, please name BounceWatch and link this page.

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