About MAGIQ Software
MAGIQ Software is a company based in Napier (New Zealand) founded in 1980 was acquired by Springbrook Software in October 2021.. MAGIQ Software offers products and services including MAGIQ Cloud ERP, MAGIQ Finance, MAGIQ Payroll, and MAGIQ Performance. MAGIQ Software operates in a competitive market with competitors including Vena Marketing, Workday Adaptive Planning, Host Analytics, Anaplan and Planful, among others.
- Headquarter Napier, New Zealand
-
Sectors
TechnologyGovernment & Social Sector
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Magiq Software Limited
-
Annual Revenue
$9.57 M (USD)0as on Dec 31, 2021
-
Net Profit
$647.43 K (USD)0as on Dec 31, 2021
-
EBITDA
$137.29 K (USD)0as on Dec 31, 2021
-
Latest Funding Round
- Investors
-
Employee Count
Employee Count
-
Acquired by
Springbrook Software
(Oct 04, 2021)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of MAGIQ Software
MAGIQ Software offers a comprehensive portfolio of products and services, including MAGIQ Cloud ERP, MAGIQ Finance, MAGIQ Payroll, and MAGIQ Performance. 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.
Comprehensive system for government finance and operations management
Software for accounting, procurement, and billing processes
Tools for payroll and human resources administration
Solution for budgeting, reporting, and performance tracking
Funding Insights of MAGIQ Software
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MAGIQ Software
MAGIQ Software has secured backing from 1 investor. Prominent investors backing the company include Springbrook Software. 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 |
|---|---|---|---|---|
|
Financial software is provided to local government agencies.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by MAGIQ Software
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - MAGIQ Software
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Magiq Software Comparisons
Competitors of MAGIQ Software
MAGIQ Software 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 Vena Marketing, Workday Adaptive Planning, Host Analytics, Anaplan and Planful, 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 |
AI-powered financial planning and accounting software is offered.
|
|
| domain | founded_year | HQ Location |
Cloud-based financial planning and analytics are delivered via SaaS.
|
|
| domain | founded_year | HQ Location |
Cloud-based EPM applications for financial planning and analytics are delivered.
|
|
| domain | founded_year | HQ Location |
Operational planning and forecasting solutions are offered to businesses.
|
|
| domain | founded_year | HQ Location |
Cloud-based financial planning and advisory solutions are provided for businesses.
|
|
| domain | founded_year | HQ Location |
Cloud-based financial planning and analytics solutions are offered for businesses.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Magiq Software
Frequently Asked Questions about MAGIQ Software
When was MAGIQ Software founded?
MAGIQ Software was founded in 1980.
Where is MAGIQ Software located?
MAGIQ Software is headquartered in Napier, New Zealand. It is registered at Napier, Hawke's Bay, New Zealand.
What is the annual revenue of MAGIQ Software?
Annual revenue of MAGIQ Software is $9.57M as on Dec 31, 2021.
What does MAGIQ Software do?
Magiq Software offers a suite of SaaS products for corporate performance management. The platform includes tools for Finance Administration, Reporting Analytics, Performance Management and Document Management. Provides the flexibility to implement the product individually or as an integrated platform. Focuses on the Federal and State Government; Local Government, Health and Community Services; Utilities; Education; Tourism Hospitality; and the Not for Profit sectors. Claims to have more than 400 customers across geographies (New Zealand, Australia, the USA, the UK, Singapore and South Africa).
Who are the top competitors of MAGIQ Software?
MAGIQ Software's top competitors include Workday Adaptive Planning, Vena Marketing and Anaplan.
What products or services does MAGIQ Software offer?
MAGIQ Software offers MAGIQ Cloud ERP, MAGIQ Finance, MAGIQ Payroll, and MAGIQ Performance.
Who are MAGIQ Software's investors?
MAGIQ Software has 1 investor. Key investors include Springbrook Software.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.