About Magic Instruments
Magic Instruments is a company based in San Francisco (United States) founded in 2014. It operates as a B2C. Magic Instruments has raised $2.25 million across 5 funding rounds from investors including Y Combinator. Magic Instruments operates in a competitive market with competitors including Bajaao, Music Store, 4Sound, Gear4music and Bansbach, among others.
- Headquarter San Francisco, United States
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Magic Instruments, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.25 M (USD)
in 5 rounds
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Latest Funding Round
$175.35 K (USD), Seed
Dec 22, 2016
- Investors
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Employee Count
Employee Count
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Funding Insights of Magic Instruments
Magic Instruments has successfully raised a total of $2.25M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $175.35 thousand completed in December 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 5
- Last Round Seed — $175,348
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First Round
First Round
(01 Jan 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2016 | Amount | Seed - Magic Instruments | Valuation |
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| Nov, 2016 | Amount | Seed - Magic Instruments | Valuation |
investors |
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| Mar, 2016 | Amount | Seed - Magic Instruments | Valuation |
investors |
Investors in Magic Instruments
Magic Instruments has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location |
Investments & Acquisitions by Magic Instruments
Financial Statements - Magic Instruments
Magic Instruments Comparisons
Competitors of Magic Instruments
Magic Instruments 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 Bajaao, Music Store, 4Sound, Gear4music and Bansbach, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Musical instruments and accessories are retailed online by Bajaao.
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| domain | founded_year | HQ Location |
Provides online sales of musical instruments and accessories worldwide.
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| domain | founded_year | HQ Location |
Online store of professional musical instruments
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| domain | founded_year | HQ Location |
Gear4music is recognized as a leading retailer of musical instruments and equipment.
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| domain | founded_year | HQ Location |
Music instruments including guitars and effects are retailed online.
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Latest news on Magic Instruments
Frequently Asked Questions about Magic Instruments
Magic Instruments was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Magic Instruments is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Magic Instruments is a funded company, having raised a total of $2.25M across 5 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Jan 01, 2016.
Magic Instruments an online-first brand specializing in digital guitars for musicians through producing consumer products, electronics, musical instruments, and digital products. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Magic Instruments's top competitors include Gear4music, Bajaao and 4Sound.
Magic Instruments has 1 investor. Key investors include Y Combinator.