About Magic Add
Magic Add is a company based in Turku (Finland) founded in 2015.. Magic Add has raised $250 thousand across 1 funding round. Magic Add operates in a competitive market with competitors including Applovin, ironSource, Metaps, Localytics and Vibes, among others.
- Headquarter Turku, Finland
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Sectors
Transportation, Automotive & LogisticsTechnology Industrial Goods & Manufacturing
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$250 K (USD)
in 1 rounds
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Latest Funding Round
$250 K (USD), Angel Round
Apr 18, 2016
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Investors
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Employee Count
Employee Count
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Funding Insights of Magic Add
Magic Add has successfully raised a total of $250K through 1 strategic funding round. The most recent funding activity was a Angel Round round of $250 thousand completed in April 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Angel Round — $250,000
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First Round
First Round
(18 Apr 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2016 | Amount | Angel Round - Magic Add | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Magic Add
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Magic Add
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Magic Add Comparisons
Competitors of Magic Add
Magic Add operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Applovin, ironSource, Metaps, Localytics and Vibes, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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Mobile App User Analytics & Marketing
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Mobile marketing solutions are provided for business customer engagement.
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Digital advertising intelligence is supplied to global industry stakeholders.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Magic Add
Frequently Asked Questions about Magic Add
When was Magic Add founded?
Magic Add was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Magic Add located?
Magic Add is headquartered in Turku, Finland. It is registered at Turku, Varsinais-suomi, Finland.
Is Magic Add a funded company?
Magic Add is a funded company, having raised a total of $250K across 1 funding round to date. The company's 1st funding round was a Angel Round of $250K, raised on Apr 18, 2016.
What does Magic Add do?
Magic Add was founded in 2015 in Turku, Finland, within the IoT and packaging sector. Cloud-connected traceable identities are assigned to products, supporting features like customer engagement, brand management, product tracking, and information handling. Tailored messaging is provided to stakeholders, with applications spanning advertising, logistics, and process optimization. A partnership with Huhtamaki has been formed for digital applications in foodservice packaging.