
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 leverages AI to streamline processes, reduce errors, and improve productivity. The platform is designed for rapid deployment, allowing users to start automating within days. Trusted by 950,000 users, Magical's unique approach combines human oversight with AI capabilities, making it a leader in workflow automation.

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 leverages AI to streamline processes, reduce errors, and improve productivity. The platform is designed for rapid deployment, allowing users to start automating within days. Trusted by 950,000 users, Magical's unique approach combines human oversight with AI capabilities, making it a leader in workflow automation.
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
Automating repetitive data-entry and back-office knowledge work across healthcare, insurance, finance, and customer support.
2020
Enterprise software / Workflow automation / Artificial intelligence
$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
“Backed by institutional investors including Coatue, Greylock, Bain (Bain Capital Ventures), Lightspeed, SV Angel, BoxGroup and other angel/backers”