About MagiCAD
MagiCAD is a company based in Rauma (Finland) founded in 1983 was acquired by Glodon in March 2014.. MagiCAD has completed 1 acquisition, including EQUA. MagiCAD offers products and services including MagiCAD for Revit, MagiCAD Cloud, MagiCAD for AutoCAD, and Manufacturer Services. MagiCAD operates in a competitive market with competitors including Higharc, Magicplan, Urbanbase, CubiCasa and Yardzen, among others.
- Headquarter Rauma, Finland
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Sectors
Real Estate & Construction
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Phone
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Website
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Social
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Products & Services of MagiCAD
MagiCAD offers a comprehensive portfolio of products and services, including MagiCAD for Revit, MagiCAD Cloud, MagiCAD for AutoCAD, and Manufacturer Services. 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.
BIM tool for MEP design in Revit environment
Platform for BIM libraries and selection tools
BIM software for MEP in AutoCAD
BIM object creation and analytics for manufacturers
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Funding Insights of MagiCAD
| 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 |
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Investors in MagiCAD
MagiCAD has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Glodon. 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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Cost estimation solutions are offered for the construction sector.
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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 MagiCAD
MagiCAD has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include EQUA. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Simulation-based solutions for building performance assessment are provided.
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1995 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - MagiCAD
| 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 |
Magicad Comparisons
Competitors of MagiCAD
MagiCAD 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 Higharc, Magicplan, Urbanbase, CubiCasa and Yardzen, 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 |
3D home plans are automatically generated for residential properties online.
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| domain | founded_year | HQ Location |
Floor plans are created via AR-enabled mobile application.
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| domain | founded_year | HQ Location |
Provider of algorithmic 3D digital twin solutions
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| domain | founded_year | HQ Location |
Digital floor plan developers
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Online landscape design platform
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| domain | founded_year | HQ Location |
Platform for easy 2D and 3D floor plan creation and visualization tools.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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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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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Latest news on Magicad
Frequently Asked Questions about MagiCAD
When was MagiCAD founded?
MagiCAD was founded in 1983.
Where is MagiCAD located?
MagiCAD is headquartered in Rauma, Finland. It is registered at Rauma, Satakunta, Finland.
What does MagiCAD do?
MagiCAD was founded in 1983 in Rauma, Finland, and operates in the engineering software sector. MEP design and calculation tools are provided as plug-ins for Revit and AutoCAD, covering ventilation, electrical, piping, sprinkler, circuit, and system design. Additional offices are maintained in Turku and Göteborg. Products are distributed through international resellers to customers across 50 countries, including firms like Skanska and Arup.
Who are the top competitors of MagiCAD?
What products or services does MagiCAD offer?
MagiCAD offers MagiCAD for Revit, MagiCAD Cloud, MagiCAD for AutoCAD, and Manufacturer Services.
How many acquisitions has MagiCAD made?
MagiCAD has made 1 acquisition, including EQUA.
Who are MagiCAD's investors?
MagiCAD has 1 investor. Key investors include Glodon.
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