About Magic Orange
Magic Orange is a Technology company based in Boynton Beach (United States) founded in 2009 by Greg Guye. It operates as a business costs and profits are optimized via a cloud-based platform. Magic Orange has raised $13.6 million across 6 funding rounds from investors including Collins Residential and ORA Capital. Its chief executive is David Harding. Its Indian entity Magicorange Technologies India Private Limited reported revenue of ₹2.35 Cr. Magic Orange offers products and services including ITFM Platform, FinOps Capabilities, and Shared Services Platform. Its focus areas include FinTech, Finance & Accounting Tech, Financial Planning & Analysis and Suite. Its competitors include Vena Marketing, Workday Adaptive Planning, Host Analytics, Anaplan and Planful and 5 more; 10 of its 10 listed competitors have raised funding.
Company details
Magic Orange was founded in 2009 and is headquartered in Boynton Beach, United States. A cloud-based platform is provided by the company to support optimization of business processes, marketing, and finance. Profitability analysis is enabled, allowing finance teams to assess marketing costs. Operations focus on the software-as-a-service sector, serving businesses seeking efficiency in financial management.
- Headquarters Boynton Beach, United States
- Founders Greg Guye
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website magicorange.com
- Social LinkedIn X YouTube
- Legal Name Magicorange Technologies India Private Limited
- Date of Incorporation 18 Oct, 2023
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹2.35 Cr
FY 2025 · +724% YoY
- Net Profit₹15.5 Lakh
FY 2025 · 7% margin
- EBITDA₹22.4 Lakh
FY 2025 · 10% margin
- Total Equity Funding$13.6M (USD)
in 6 rounds
- Latest Funding Round$7.14M (USD), Seed
Aug 2023
- InvestorsCollins Residential
& 1 more
Associated legal entities of Magic Orange
Magic Orange operates through Magicorange Technologies India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Magicorange Technologies India Private Limited CIN U62099PN2023FTC224993 | Active | 18 Oct 2023 | Pune, Maharashtra | ₹2.3 Cr | – | 2 | View details |
Products & Services of Magic Orange
Magic Orange offers a comprehensive portfolio of products and services, including ITFM Platform, FinOps Capabilities, and Shared Services Platform.
Software for IT cost transparency and allocation optimization.
Tools for cloud expense tracking and investment decisions.
System for centralizing and optimizing shared service functions.
Apps and channels of Magic Orange
its YouTube channel MagicOrange has 61 subscribers and 18 videos.
Videos from Magic Orange
The most watched videos on Magic Orange's YouTube channel, MagicOrange (61 subscribers). Click a video to play it here.
More on MagicOrange.
Funding Insights of Magic Orange
Magic Orange has successfully raised a total of $13.6M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $7.14 million completed in August 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 $13.6M
- Total Rounds 6
- Last Round Seed — $7.14M
- Investors Count 2
All 6 funding rounds of Magic Orange with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2023 | $7.14M | Seed | – | – | – |
| Nov 2022 | $949,101 | Seed | – | – | – |
| Oct 2022 | $446,991 | Seed | – | – | – |
| Jul 2022 | $597,936 | Seed | – | – | – |
| Nov 2021 | $4.46M | Series A | – | – | – |
| Feb 2020 | – | Seed | – | – |
2 investors in total: 2 institutional.
Investors in Magic Orange
Magic Orange has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Collins Residential and ORA Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are managed by Ora Capital Limited. | 2006 | oracapital.co.za | South Africa | |
Residential and property development services are provided in South Africa. | 1904 | collinsresidential.co.za | Umhlanga, South Africa |
Investor details for Magic Orange
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Magicorange Technologies India Private Limited (Magic Orange)
Magicorange Technologies India Private Limited is the primary company behind Magic Orange. The board of Magicorange Technologies India Private Limited currently have 2 directors; the longest-serving is Greg Louis Guye, appointed in 2023.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Greg Louis Guye DIN 10362243 | Director | 18 Oct 2023 | 3 yrs | Magicorange Technologies India Private Limited |
| Bhushan Shaligram Tambatkar DIN 08239392 | Director | 18 Oct 2023 | 3 yrs | Magicorange Technologies India Private Limited |
People of Magic Orange
31 people are tracked at Magic Orange (16 in leadership, 15 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CPO | Leadership | |
David Harding | CEO | Leadership |
Blake Davidson | Chief Operating Officer | Leadership |
Saqib Rizvi | VP Sales - Strategic Accounts | Leadership |
Jeffrey D Stark | Head Of Customer Success | Leadership |
Ken Jarvis | Managing Director - Americas (Part Time) | Leadership |
Bruce Chelius | Chief Financial Officer | Leadership |
Theshni Naidoo | Global Head Of Pre-sales | Leadership |
Wayne Shearer | Managing Director | Leadership |
Lyle Dixon-Smith | Chief Growth Officer | Leadership |
Matthew Mottram | COO | Leadership |
Ben Camobreco | Vice President Of Sales, US | Leadership |
Stephen Coull | Head of Global Sales | Leadership |
Sarah McLennan | Head of HR and Talent Development | Leadership |
Trevor Williams-Ros | Solutions architect | CTO | Leadership |
Matt Sitelman | Chief Marketing Officer | Leadership |
Devina Karikan CA(SA) | Presales Manager | Team |
Angela Martins | Sales Operations Manager | Team |
Pete Hidalgo | Global Advisory Services Leader | Team |
Nicholas Hatfield | Sales Engineer | Team |
11 more people are available in the full profile.
Complete people profiles for Magic Orange
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Magic Orange
Figures of Magicorange Technologies India Private Limited, the primary company behind Magic Orange, for FY 2025. Revenue was ₹2.35 Cr (+724% year on year). Net profit was ₹15.5 Lakh (7% margin). EBITDA was ₹22.4 Lakh (10% margin).
- ₹2.35 CrRevenue · FY 2025 · +724% YoY
- ₹15.5 LakhNet profit · 7% margin
- ₹22.4 LakhEBITDA · 10% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Magicorange Technologies India Private Limited are on its company page.
Detailed financial statements for Magic Orange
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Timeline of Magic Orange
3 dated milestones of Magic Orange across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Magic Orange is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $7.1M.
Competitors of Magic Orange
Magic Orange has 10 listed competitors in our database, 10 of them funded. They include Vena Marketing, Workday Adaptive Planning, Host Analytics, Anaplan and Planful, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| venasolutions.com | 2011 | Toronto, Canada | $385.02M | – | AI-powered financial planning and accounting software is offered. | |
| adaptiveinsights.com | 2003 | Palo Alto, United States | $150.35M | 416 | Cloud-based financial planning and analytics are delivered via SaaS. | |
| hostanalytics.com | 2000 | Redwood, United States | $72.15M | 153 | Cloud-based EPM applications for financial planning and analytics are delivered. | |
| anaplan.com | 2006 | San Francisco, United States | $300M | 834 | Operational planning and forecasting solutions are offered to businesses. | |
| planful.com | 2000 | Redwood, United States | $71.65M | 191 | Cloud-based financial planning and advisory solutions are provided for businesses. | |
| datarails.com | 2015 | Rishon Lezion, Israel | $99.5M | – | Cloud-based financial planning and analytics solutions are offered for businesses. | |
| cloudability.com | 2011 | Portland, United States | $44.03M | 110 | Cloud expenses are monitored and analyzed for organizational efficiency. | |
| pigment.com | 2019 | Paris, France | $396.9M | – | A platform for business planning and project management is offered. | |
| kontist.com | 2016 | Berlin, Germany | $46.73M | 61 | Digital banking services are offered to freelancers and self-employed professionals. | |
| banyan.com | 2013 | Holmdel, United States | $55.84M | – | Expense management solutions are delivered via a software platform. |
Detailed competitors of Magic Orange
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Magic Orange
The website of Magic Orange (magicorange.com) receives about 3.7K visits a month.
- Monthly visits3.7K
▼ 60% vs previous month
Top companies in Finance & Accounting Applications
10 companies that operate in the same segment as Magic Orange (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, Ile de France, France | USD 717.15 M | USD 171.7 M | 2,457 | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | 8,159 |
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Related news about Magic Orange
Complete news archive for Magic Orange
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Frequently Asked Questions about Magic Orange
Magic Orange was founded in 2009 and raised its 1st funding round 11 years after it was founded.
Magic Orange is headquartered in Boynton Beach, United States. It is registered at Boynton Beach, Florida, United States.
David Harding is the current CEO of Magic Orange.
Magic Orange is a funded company, having raised a total of $13.6M across 6 funding rounds to date.
The primary company behind Magic Orange, Magicorange Technologies India Private Limited, reported revenue of ₹2.35 Cr for FY 2025, up 724% year on year.
Magic Orange was founded in 2009 and is headquartered in Boynton Beach, United States. A cloud-based platform is provided by the company to support optimization of business processes, marketing, and finance. Profitability analysis is enabled, allowing finance teams to assess marketing costs. Operations focus on the software-as-a-service sector, serving businesses seeking efficiency in financial management.
Magic Orange's top competitors include Workday Adaptive Planning, Vena Marketing and Anaplan.
Magic Orange offers ITFM Platform, FinOps Capabilities, and Shared Services Platform.
Magic Orange has 2 investors. Key investors include Collins Residential, and ORA Capital.
Magic Orange operates through Magicorange Technologies India Private Limited.
The legal entities of Magic Orange currently have 2 directors, including Greg Louis Guye, Bhushan Shaligram Tambatkar.