About MagicalButter
MagicalButter is a company based in Port Richey (United States) founded in 2012 by Garyn Angel.. MagicalButter has raised $1 million across 2 funding rounds. MagicalButter offers products and services including MagicalButter Machine, Magical Gummy Maker, DecarBox Thermometer, Magical Filter Press, and Gummy Mixes. MagicalButter operates in a competitive market with competitors including Cuisinart, VitaMix, Replenish Foods, Juicero and Ome, among others.
- Headquarter Port Richey, United States
- Founders Garyn Angel
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Sectors
ConsumerRetail
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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 Magical Brands Public Benefit Corp
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1 M (USD)
in 2 rounds
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Latest Funding Round
$1 M (USD), Seed
May 30, 2023
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Investors
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Employee Count
Employee Count
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Products & Services of MagicalButter
MagicalButter offers a comprehensive portfolio of products and services, including MagicalButter Machine, Magical Gummy Maker, DecarBox Thermometer, Magical Filter Press, and Gummy Mixes. 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.
Machine for herbal infusions into butters and oils at home.
Device for creating infused gummies with herbs and flavors.
Tool for decarboxylation and temperature control in infusions.
Press for straining plant matter from infused products.
Pre-mixed powders for making flavored herbal gummies.
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Funding Insights of MagicalButter
MagicalButter has successfully raised a total of $1M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in May 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 2
- Last Round Seed — $1.0M
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First Round
First Round
(01 Dec 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Seed - MagicalButter | Valuation |
investors |
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| Dec, 2020 | Amount | Debt – Conventional - MagicalButter | Valuation |
investors |
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| 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 |
Investments & Acquisitions by MagicalButter
| 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 - MagicalButter
| 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 |
Magicalbutter Comparisons
Competitors of MagicalButter
MagicalButter 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 Cuisinart, VitaMix, Replenish Foods, Juicero and Ome, 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.
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Latest news on Magicalbutter
Frequently Asked Questions about MagicalButter
When was MagicalButter founded?
MagicalButter was founded in 2012 and raised its 1st funding round 8 years after it was founded.
Where is MagicalButter located?
MagicalButter is headquartered in Port Richey, United States. It is registered at Port Richey, Florida, United States.
Who is the current CEO of MagicalButter?
Garyn Angel is the current CEO of MagicalButter. They have also founded this company.
Is MagicalButter a funded company?
MagicalButter is a funded company, having raised a total of $1M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $3M, raised on Dec 01, 2020.
What does MagicalButter do?
MagicalButter was founded in 2012 and is headquartered in Port Richey, United States. An internet-first brand in the kitchen appliance sector is maintained, with operations centered on automatic blenders featuring programmable thermostats and heating units. These devices are used to grind, heat, stir, and steep herbal extracts into oils, butter, lotions, and related products. Recipes for foods and gummies are also supplied via the platform.
Who are the top competitors of MagicalButter?
MagicalButter's top competitors include Better Earth, Monogram and Ome.
What products or services does MagicalButter offer?
MagicalButter offers MagicalButter Machine, Magical Gummy Maker, DecarBox Thermometer, Magical Filter Press, and Gummy Mixes.