About Magicplan
Magicplan is a company based in Montreal (Canada) founded in 2011.. Magicplan has raised $1.2 million across 1 funding round from investors including Partech Partners and Tekton Ventures. Magicplan has completed 1 acquisition, including Sensopia. Magicplan offers products and services including magicplan App, Sketches Feature, and Photos and Panoramas. Magicplan operates in a competitive market with competitors including Higharc, CubiCasa, Urbanbase, iStaging and Yardzen, among others.
- Headquarter Montreal, Canada
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Sectors
Real Estate & ConstructionTechnology
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.2 M (USD)
in 1 rounds
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Latest Funding Round
$1.2 M (USD), Series A
May 20, 2013
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Investors
Partech Partners
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Magicplan
Magicplan offers a comprehensive portfolio of products and services, including magicplan App, Sketches Feature, and Photos and Panoramas. 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.
Mobile app for creating and managing construction floor plans efficiently
Tool for quick floor plan sketching on mobile devices
Feature for capturing and integrating job site visuals
Unlock access to complete
Funding Insights of Magicplan
Magicplan has successfully raised a total of $1.2M through 1 strategic funding round. The most recent funding activity was a Series A round of $1.2 million completed in May 2013. 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 Series A — $1.2M
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First Round
First Round
(20 May 2013)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2013 | Amount | Series A - Magicplan | Valuation |
investors |
| 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 |
Investors in Magicplan
Magicplan has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Partech Partners and Tekton Ventures. 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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VC firm investing in seed and early stage companies in the US, UK, Israel, and parts of Asia
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Founded Year | Domain | Location | |
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Venture capital is provided to global tech startups and scale-ups.
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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 Magicplan
Magicplan has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sensopia. 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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Floor plans are generated automatically from iOS device photos.
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2010 |
| 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 - Magicplan
| 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 |
Magicplan Comparisons
Competitors of Magicplan
Magicplan 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, CubiCasa, Urbanbase, iStaging 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
3D home plans are automatically generated for residential properties online.
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| domain | founded_year | HQ Location |
Digital floor plan developers
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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 |
Augmented and virtual reality platforms are built online for businesses.
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| domain | founded_year | HQ Location |
Online landscape design platform
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Magicplan
Frequently Asked Questions about Magicplan
When was Magicplan founded?
Magicplan was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is Magicplan located?
Magicplan is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Is Magicplan a funded company?
Magicplan is a funded company, having raised a total of $1.2M across 1 funding round to date. The company's 1st funding round was a Series A of $1.2M, raised on May 20, 2013.
What does Magicplan do?
MagicPlan was founded in 2011 in Montreal, Canada, and operates in the augmented reality sector for construction and design. Floor plans and building models are generated using a mobile app available on iOS and Android devices. Furnishings from cataloged items are added, virtual tours with 360-degree panoramas are produced, and automated annotations for distances and surfaces are provided. Estimation lists, take-offs, and surveys are also supported through the platform.
Who are the top competitors of Magicplan?
What products or services does Magicplan offer?
Magicplan offers magicplan App, Sketches Feature, and Photos and Panoramas.
How many acquisitions has Magicplan made?
Magicplan has made 1 acquisition, including Sensopia.
Who are Magicplan's investors?
Magicplan has 2 investors. Key investors include Partech Partners, and Tekton Ventures.
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