About Magic Loops
Magic Loops is a company based in San Francisco (United States) founded in 2023 by Mihai Bulic and Adam Williams.. Magic Loops has raised $500 thousand across 1 funding round from investors including Y Combinator. Magic Loops offers products and services including Loop Creator, Pre-built Templates, and Pricing Plans. Magic Loops operates in a competitive market with competitors including Replit, Blitzy, PLATMA, Lovable and StackBlitz, among others.
- Headquarter San Francisco, United States
- Founders Mihai Bulic, Adam Williams
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Chatseed, 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
$500 K (USD)
in 1 rounds
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Latest Funding Round
$500 K (USD), Seed
Jun 01, 2023
- Investors
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Employee Count
Employee Count
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Products & Services of Magic Loops
Magic Loops offers a comprehensive portfolio of products and services, including Loop Creator, Pre-built Templates, and Pricing Plans. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables creation of APIs and automations in simple steps.
Provides ready-made loops for common automation tasks.
Offers credit-based plans for unlimited generations and support.
Funding Insights of Magic Loops
Magic Loops has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in June 2023. 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 Seed — $500,000
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First Round
First Round
(01 Jun 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2023 | Amount | Seed - Magic Loops | Valuation | Y Combinator |
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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 |
Investors in Magic Loops
Magic Loops has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| 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 |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Magic Loops
| 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 Loops
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Loops Comparisons
Competitors of Magic Loops
Magic Loops 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 Replit, Blitzy, PLATMA, Lovable and StackBlitz, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
AI powered application development platform
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Custom applications are developed automatically via an AI platform.
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| domain | founded_year | HQ Location |
Applications are developed via natural language on a cloud-based platform.
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| domain | founded_year | HQ Location |
Lovable is focused on AI-driven app and website development.
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| domain | founded_year | HQ Location |
Web applications are developed and edited in a cloud-based environment.
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| domain | founded_year | HQ Location |
AI app builder developed via text inputs and integrations.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Magic Loops
When was Magic Loops founded?
Magic Loops was founded in 2023.
Where is Magic Loops located?
Magic Loops is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Magic Loops?
Adam Williams is the current CEO of Magic Loops. They have also founded this company.
Is Magic Loops a funded company?
Magic Loops is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on Jun 01, 2023.
What does Magic Loops do?
Magic Loops was founded in 2023 and is based in San Francisco, United States. Operations are centered in the software development sector, where large language models are integrated with code to build straightforward automations. Services focus on creating tools that streamline repetitive tasks through AI-driven coding solutions. The company is led by co-founders Mihai Bulic and Adam Williams, serving clients in the tech industry.
Who are the top competitors of Magic Loops?
Magic Loops's top competitors include Replit, Lovable and StackBlitz.
What products or services does Magic Loops offer?
Magic Loops offers Loop Creator, Pre-built Templates, and Pricing Plans.
Who are Magic Loops's investors?
Magic Loops has 1 investor. Key investors include Y Combinator.