Magic Software

New York, United States Founded: 1990 • Age: 36 yrs
A SaaS platform is offered for digitizing content by publishers.
Annual revenue $25.6M Latest available
Total funding - 2 rounds
Employees 924 Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Magic Software

Magic Software is a company based in New York (United States) founded in 1990. The company has 924 employees as of April 04, 2024. Magic Software offers products and services including MagicEdTech, GetMagicBox, MagicFinServ, and MagicBlockchainQA. Magic Software operates in a competitive market with competitors including Amplify, EVERFI, Carnegie Learning, Numerade and IXL Learning, among others.

  • Headquarter New York, United States
  • Employees 924 as on 04 Apr, 2024
  • Sectors
    Education
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Magic Software Private Limited
  • Date of Incorporation 12 Feb, 1990
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Education → Education Technology (EdTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $25.57 M (USD)
    37
    as on Mar 31, 2023
  • Net Profit
    $3.71 M (USD)
    29.04
    as on Mar 31, 2023
  • EBITDA
    $4.95 M (USD)
    22.6
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    924

    as on Apr 04, 2024

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Products & Services of Magic Software

Magic Software offers a comprehensive portfolio of products and services, including MagicEdTech, GetMagicBox, MagicFinServ, and MagicBlockchainQA.

Product name locked
Category locked
Primary

Platform for digital learning solutions empowering educators.

Product name locked
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Platform for publishers to deliver digital content globally.

Product name locked
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Tools for handling structured and unstructured data with AI.

Product name locked
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Company focused on blockchain quality assurance testing.

People of Magic Software

Headcount 500-1000
Employee Profiles 4
Employee Profiles
People
Harsh Gupta
Vice President, Corporate Strategy

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Funding Insights of Magic Software

Investors in Magic Software

Magic Software has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Solmark.

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Venture Fund
Investor Description Founded Year Domain Location
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Investor details for Magic Software

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  • Investor domains
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Investments & Acquisitions by Magic Software

Investments
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Investment portfolio details for Magic Software

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - Magic Software

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Detailed financials for Magic Software

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  • Profit trends
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Magic Software Comparisons

Magic Software Primary company
Description
A SaaS platform is offered for digitizing content by publish...
Location
New York, United States
Founded Year
1990
Annual Revenue
$25.57 M (USD)
Net Profit
$3.71 M (USD)
EBITDA
$4.95 M (USD)
Employees
924
As of 2024
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Peer comparison for Magic Software

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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  • Operating benchmarks

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Competitors of Magic Software

Magic Software 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 Amplify, EVERFI, Carnegie Learning, Numerade and IXL Learning, among others.

Company Name Domain Founded year HQ Location Description
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High-quality K-12 curriculum and assessments are provided by Amplify.
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Online courses for workplace, higher, and school education are offered.
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Maths learning resources and curricula are provided for students.
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Provider of study assistance platform for students
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Personalized instruction in core subjects is delivered via subscriptions.
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Online platform providing learning solutions for school students
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Detailed competitors of Magic Software

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  • Domains and locations
  • Full company profiles
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Latest news on Magic Software

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Complete news archive for Magic Software

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  • Source and publication date
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  • Brand-specific news history

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Frequently Asked Questions about Magic Software

Magic Software was founded in 1990 and raised its 1st funding round 24 years after it was founded.

Magic Software is headquartered in New York, United States. It is registered at New York, New York, United States.

As of Apr 04, 2024, the latest employee count at Magic Software is 924.

Annual revenue of Magic Software is $25.57M as on Mar 31, 2023.

Magic Software was founded in 1990 in New York, United States, and operates in the software and publishing technology sector. A cloud-based platform called Magicbox is provided to enable publishers to digitize their content. Additional services, including content development, mobile application development, and product testing, are offered to support digital transformation efforts in the industry.

Magic Software's top competitors include Amplify, EVERFI and Numerade.

Magic Software offers MagicEdTech, GetMagicBox, MagicFinServ, and MagicBlockchainQA.

Magic Software has 1 investor. Key investors include Solmark.

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