About MagicStay
MagicStay is a company based in Grasse (France) founded in 2013. It operates as a B2C. MagicStay has raised $6.32 million across 3 funding rounds from investors including Michael Benabou, Benoit Bassi and Patrick Lucas. MagicStay operates in a competitive market with competitors including Airbnb, misterb&b, Airbnb, HomeRez and Nightswapping, among others.
- Headquarter Grasse, France
- SectorsTravel & Hospitality
- Website magicstay.com
- Social X Facebook
- Total Equity Funding$6.32M (USD)
in 3 rounds
- Latest Funding Round$3.36M (USD), Series A
Jun 2019
Funding Insights of MagicStay
MagicStay has successfully raised a total of $6.32M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3.36 million completed in June 2019. 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 $6.32M
- Total Rounds 3
- Last Round Series A — $3.36M
- First Round $1.12M
(Oct 2016)
- Investors Count 7
All 3 funding rounds of MagicStay 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 |
|---|---|---|---|---|---|
| Jun 2019 | $3.36M | Series A | – | – | – |
| Jan 2018 | $1.84M | Angel Round | – | Michael Benabou, Benoit Bassi | |
| Oct 2016 | $1.12M | Seed | – | – | – |
7 investors in total: 0 institutional and 7 angel.
Investors in MagicStay
MagicStay has secured backing from 7 investors, including angel investors. Prominent investors backing the company include Michael Benabou, Benoit Bassi and Patrick Lucas.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
MB Michael Benabou | Angel investor, co-founder of CredAvenue, focused on fintech and tech startups | – | unknown_f9c1e19eb6a84e87a | - |
BB Benoit Bassi | - | – | unknown_5eca648d6e4948298 | - |
PL Patrick Lucas | - | – | unknown_a1b4c27554b64e868 | - |
MF Marc Frappier | Managing Partner at Eurazeo, active angel investor in Indian startups | – | unknown_5fcb9de7e5374cbca | - |
TB Thibault Basquin | - | – | unknown_4ff859d436cd4bcca | - |
NS Nicolas Santi-Weil | CEO of The Kooples, angel investor in Indian startups | – | unknown_2dc08b409fda4d80b | - |
CP Charles Petruccelli | - | – | unknown_c23940be9bae4f3b8 | - |
Investor details for MagicStay
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.
Timeline of MagicStay
3 dated milestones of MagicStay across 6 years, from founding to its latest funding, stage changes and deals.
- Founded MagicStay is founded.
- Funding First funding round of $1.1M.
- Funding Latest funding round, Series A, of $3.4M.
Competitors of MagicStay
MagicStay 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 Airbnb, misterb&b, Airbnb, HomeRez and Nightswapping, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| airbnb.com | 2008 | San Francisco, United States | $2.95B | 7,300 | Vacation rentals are booked via an online peer-to-peer platform. | |
| misterbandb.com | 2014 | Paris, France | $11.3M | – | Online vacation rental marketplace for the LGBTQ community | |
| airbnb.com | 2008 | San Francisco, United States | $2.95B | 7,300 | Vacation rentals are booked via an online peer-to-peer platform. | |
| homerez.com | 2013 | Paris, France | $11.36M | – | App-based marketplace for holiday rentals | |
| nightswapping.com | 2012 | Lyon, France | $4.84M | – | Vacation nights are exchanged through a P2P homestay platform. | |
| bedycasa.com | 2007 | Montpellier, France | $3.04M | – | Marketplace for Vacation Rentals | |
| toploc.com | 2022 | Annecy, France | $460,822 | – | Vacation rentals are booked via an online platform by users. | |
| leavy.co | 2017 | Paris, France | $13.99M | – | Community-driven platform for affordable travel via space renting and hosting tools. | |
| morningcroissant.com | 2011 | Paris, France | – | – | Accommodation rentals are booked via an online platform by users. |
Detailed competitors of MagicStay
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.
Latest news on Magicstay
Complete news archive for MagicStay
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.
Similar companies to MagicStay
10 companies that operate in the same segment as MagicStay (Alternative Accommodation), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform for booking hotel rooms on hourly basis in Indian cities for short-term needs. | 2020 | Mumbai, Maharashtra, India | – | USD 1.74 K | – | |
Offers luxurious accommodations including hostels, hotels, and resorts in India. | 2015 | Jaipur, Rajasthan, India | USD 582.33 K | USD 277.18 K | 49 | |
A branded marketplace for listing and renting furnished flats. | 2016 | Bengaluru, Karnataka, India | USD 1.17 M | – | 2 | |
Offers travel news, destination guides, hotel recommendations, and booking services. | 2013 | Gurugram, Haryana, India | – | – | – | |
An online platform for easy booking of vacation rentals worldwide. | 2016 | Delhi, Delhi, India | – | USD 26.38 K | – | |
Online platform for booking villas, cottages, and homestays across various destinations. | 2014 | Gurugram, Haryana, India | – | USD 680.55 K | – | |
Functions as an online aggregator for booking serviced apartments. | 2015 | Bengaluru, Karnataka, India | – | USD 206.85 K | – | |
Hosts a digital marketplace for booking alternative home stays. | 2014 | Bengaluru, Karnataka, India | – | USD 2.62 M | – | |
Luxury villa rentals, concierge services, and property management in various Indian cities. | 2014 | Panaji, Goa, India | – | – | – | |
Provides heritage homestay rooms, restaurant services, and activities in the Nilgiris hills. | 2000 | Nilgiris, Tamil Nadu, India | – | – | – |
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Frequently Asked Questions about MagicStay
MagicStay was founded in 2013 and raised its 1st funding round 3 years after it was founded.
MagicStay is headquartered in Grasse, France. It is registered at Grasse, Provence-alpes-cote D'azur, France.
MagicStay is a funded company, having raised a total of $6.32M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.12M, raised on Oct 2016.
MagicStay, established in 2013, excels in offering hospitality services, accommodation, short-term rentals, and business travel. Operates a digital platform for booking apartments and villas for business travelers. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
MagicStay has 7 investors. Key investors include Michael Benabou, Benoit Bassi, Patrick Lucas, Marc Frappier, and Thibault Basquin.