About Magic Patterns
Magic Patterns is a company based in San Francisco (United States) founded in 2023 by Teddy Ni and Alexander Danilowicz.. Magic Patterns has raised $500 thousand across 1 funding round from investors including Y Combinator. Magic Patterns offers products and services including Magic Patterns Platform and Design System Importer. Magic Patterns operates in a competitive market with competitors including Goodpatch, Mobiquity, Social Panga, USIO and MetaLab, among others.
- Headquarter San Francisco, United States
- Founders Teddy Ni, Alexander Danilowicz
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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 North Park Labs
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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 Patterns
Magic Patterns offers a comprehensive portfolio of products and services, including Magic Patterns Platform and Design System Importer. 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.
AI software for generating UI designs and rapid prototyping.
Tool to import and match existing design systems for customization.
Funding Insights of Magic Patterns
Magic Patterns 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 Patterns | Valuation |
investors |
| 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 |
Investors in Magic Patterns
Magic Patterns 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 |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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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 Patterns
| 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 Patterns
| 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 Patterns Comparisons
Competitors of Magic Patterns
Magic Patterns 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 Goodpatch, Mobiquity, Social Panga, USIO and MetaLab, 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 |
UI design company and development based in Tokyo and Berlin
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Provider of customer experience and product design services
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Digital marketing, branding, and application development services are provided.
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UI/UX development services for enterprises are provided alongside app support.
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Provider of a design and development agency that helps companies design, build, and ship innovative products and services
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| domain | founded_year | HQ Location |
UI/UX consulting and design services are provided for various projects.
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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 Patterns
When was Magic Patterns founded?
Magic Patterns was founded in 2023.
Where is Magic Patterns located?
Magic Patterns is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Magic Patterns a funded company?
Magic Patterns 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 Patterns do?
Magic Patterns was founded in 2023 and is headquartered in San Francisco, California, USA. A design tool is provided that generates SVG and CSS patterns, gradients, and organic shapes for branding applications. UI components are created from simple text prompts to accelerate software development processes. Operations are focused on the design technology sector, supporting developers and designers in creating visual elements efficiently.
Who are the top competitors of Magic Patterns?
Magic Patterns's top competitors include Goodpatch, USIO and Social Panga.
What products or services does Magic Patterns offer?
Magic Patterns offers Magic Patterns Platform and Design System Importer.
Who are Magic Patterns's investors?
Magic Patterns has 1 investor. Key investors include Y Combinator.