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Magical
Magical is an agentic AI platform that automates complex workflows, enhancing operational efficiency for over 100,000 companies. With a focus on healthcare, customer support, and finance, it…
Magical
Magical is an agentic AI platform that automates complex workflows, enhancing operational efficiency for over 100,000 companies. With a focus on healthcare, customer support, and finance, it…
TL;DR
What they do: Agentic AI workflow automation platform for enterprises (no-code, local automations, integrations)
Focus industries: Healthcare, insurance, finance, customer support and back-office
Scale / users: Trusted by hundreds of thousands of users; deployed at thousands of companies
Funding: $41M disclosed (Series A $35M + $6M seed); Series A led by Coatue in June 2022
Compliance: Claims SOC2 and HIPAA compliance and enterprise security features
Company Overview
Problem Domain
Automating repetitive data-entry and back-office knowledge work across healthcare, insurance, finance, and customer support.
Founded
2020
Industry
Enterprise software / Workflow automation / Artificial intelligence
Funding Track Record
$35,000,000
Series A announced June 2022; brought total disclosed funding to $41M including prior seed.
$6,000,000
Prior seed disclosed by the company
Investor Signal
“Backed by institutional investors including Coatue, Greylock, Bain (Bain Capital Ventures), Lightspeed, SV Angel, BoxGroup and other angel/backers”
Founders
What we do
Join the Team
Startup jobs. A lot of them.
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