About Magify
Magify is a company based in Limassol (Cyprus) founded in 2008. Magify has raised $1.1 million across 2 funding rounds from investors including Narwhal Accelerator. Magify offers products and services including Magify Analytics Platform, LiveOps Tools, and Payment Validation. Magify operates in a competitive market with competitors including Lysto, GameDriver, PlaytestCloud, Brainamics and Epoch ML, among others.
- Headquarter Limassol, Cyprus
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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- Legal Name Magify Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.1 M (USD)
in 2 rounds
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Latest Funding Round
$1.1 M (USD), Seed
Sep 11, 2024
- Investors
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Employee Count
Employee Count
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Products & Services of Magify
Magify offers a comprehensive portfolio of products and services, including Magify Analytics Platform, LiveOps Tools, and Payment Validation.
Tool for predicting revenue and optimizing game performance data
Features for personalized offers and A/B testing in games
System to detect and eliminate fraudulent in-app purchases
Funding Insights of Magify
Magify has successfully raised a total of $1.1M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.1 million completed in September 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 Total Funding
- Total Rounds 2
- Last Round Seed — $1.1M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Seed - Magify | Valuation |
investors |
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| Jun, 2024 | Amount | Seed - Magify | Valuation |
investors |
Investors in Magify
Magify has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Narwhal Accelerator.
| Investor | Description | Founded Year | Domain | Location |
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Narwhal Accelerator is focused on supporting gaming industry startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Magify
Financial Statements - Magify
Magify Comparisons
Competitors of Magify
Magify 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 Lysto, GameDriver, PlaytestCloud, Brainamics and Epoch ML, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Game testing solutions are provided for studios and gamers.
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| domain | founded_year | HQ Location |
Video game testing and automation solutions are provided.
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| domain | founded_year | HQ Location |
Crowdsourced playtesting for mobile and browser games is facilitated.
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| domain | founded_year | HQ Location |
Game testing solutions are delivered using neurotechnology and machine learning.
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| domain | founded_year | HQ Location |
Game testing and zero-integration development platform are provided for games.
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Frequently Asked Questions about Magify
Magify was founded in 2008 and raised its 1st funding round 16 years after it was founded.
Magify is headquartered in Limassol, Cyprus.
Magify is a funded company, having raised a total of $1.1M across 2 funding rounds to date.
Provider of analytics and testing tool for game developers. It offers features for game developers to validate in-game purchases directly on the server, ensuring transactions for players.
Magify's top competitors include Lysto, GameDriver and Epoch ML.
Magify offers Magify Analytics Platform, LiveOps Tools, and Payment Validation.
Magify has 1 investor. Key investors include Narwhal Accelerator.