About Magic Story
Magic Story is a Media & Entertainment company based in Los Angeles (United States) founded in 2023 by Alex H and Erik Ober. Personalized AI-generated stories for children are delivered on iOS devices. Magic Story has raised $4 million across 1 funding round from investors including Point72 Ventures and The House Fund. Its chief executive, as recorded, is Erik Ober. Its website magicstory.com draws about 62 thousand monthly visits. Magic Story offers products and services including Personalized Children's Books and Custom Book Subscription. Its focus areas include Digital Publishing Platforms, Storytelling Platforms and Horizontal. Its legal entity is MAGINE STUDIOS, INC. Its competitors include Storybird, Storify and Remento; 3 of its 3 listed competitors have raised funding.
Company details
Magic Story was founded in 2023 in Los Angeles, United States, as an AI-driven platform in the edutainment sector. Personalized digital stories, featuring users children alongside various characters, are purchased through the companys website and accessed via iOS applications. Operations focus on creating interactive content tailored for young audiences, with distribution limited to mobile devices in the region.
- Total Equity Funding$4M (USD)
in 1 rounds
- Latest Funding Round$4M (USD), Seed
Nov 2024
- InvestorsPoint72 Ventures
& 1 more
Products & Services of Magic Story
Magic Story offers a comprehensive portfolio of products and services, including Personalized Children's Books and Custom Book Subscription.
Custom stories featuring kids as heroes to teach values and build confidence.
Monthly delivery of personalized books for ongoing child development.
Apps and channels of Magic Story
Magic Story publishes 2 mobile apps; its YouTube channel Magic Story has 3.57K subscribers.
Funding Insights of Magic Story
Magic Story has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Seed round of $4 million completed in November 2024. 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 $4M
- Total Rounds 1
- Last Round Seed — $4M
- First Round $4M
(Nov 2024)
- Investors Count 2
All 1 funding rounds of Magic Story 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 |
|---|---|---|---|---|---|
| Nov 2024 | $4M | Seed | – | Point72 Ventures, The House Fund | – |
2 investors in total: 2 institutional.
Investors in Magic Story
Magic Story has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Point72 Ventures and The House Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on seed to growth stage fintech, deep tech, and enterprise tech companies | p72.vc | New York, United States | ||
Seed-stage investments in US tech companies are targeted. | thehouse.fund | Berkeley, United States |
Investor details for Magic Story
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Magic Story
2 people are tracked at Magic Story (2 in leadership).
| Name | Role | Group |
|---|---|---|
Alex H | Co-Founder | Leadership |
Erik Ober | Co-Founder & CEO | Leadership |
Complete people profiles for Magic Story
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Magic Story
2 dated milestones of Magic Story across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Magic Story is founded.
- Funding First funding round of $4.0M.
Competitors of Magic Story
Magic Story has 3 listed competitors in our database, 3 of them funded. They include Storybird, Storify and Remento.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| storybird.com | 2009 | Brooklyn, United States | $850,000 | Art-inspired stories are created collaboratively on an online platform. | ||
| storify.com | 2010 | San Francisco, United States | $2.01M | Social media content curation platform | ||
| remento.co | 2020 | Los Angeles, United States | $3M | 10 | Provider of app-based video capturing platform for the digital publisher |
Detailed competitors of Magic Story
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Magic Story
The website of Magic Story (magicstory.com) receives about 61.8K visits a month.
- Monthly visits61.8K
▼ 1.8% vs previous month
Top companies in Digital Media & Publishing Platforms
3 companies that operate in the same segment as Magic Story (Digital Media & Publishing Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Content is shared and discussed across user-driven communities. | 2005 | San Francisco, California, United States | USD 1.62 B | |||
Reward-based crowdfunding is facilitated for content creators and musicians. | 2013 | San Francisco, California, United States | USD 412.1 M | 1,218 | ||
Subscription-based platform for publishers' content management is provided. | 2017 | San Francisco, California, United States | USD 189.5 M | USD 1.45 M | 4,285 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Magic Story
Complete news archive for Magic Story
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Magic Story
Magic Story was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Magic Story is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Erik Ober is the CEO of Magic Story, as recorded in our data. They have also founded this company.
Magic Story is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Seed of $4M, raised on Nov 2024.
Magic Story was founded in 2023 in Los Angeles, United States, as an AI-driven platform in the edutainment sector. Personalized digital stories, featuring users children alongside various characters, are purchased through the companys website and accessed via iOS applications. Operations focus on creating interactive content tailored for young audiences, with distribution limited to mobile devices in the region.
Magic Story offers Personalized Children's Books and Custom Book Subscription.
Magic Story has 2 investors. Key investors include Point72 Ventures, and The House Fund.
Magic Story operates through Magine Studios, Inc..
Yes. Magic Story publishes Magic Story and 1 more app.