About Magma HQ
Magma HQ is a company based in Copenhagen (Denmark) founded in 2010 was acquired by Issuu in March 2013.. Magma HQ has raised $370 thousand across 2 funding rounds from investors including Issuu and Startupbootcamp. The company has 23 employees as of March 31, 2024. Magma HQ operates in a competitive market with competitors including Notion, Smartsheet, Clickup, monday.com and Airtable, among others.
- Headquarter Copenhagen, Denmark
- Employees 23 as on 31 Mar, 2024
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Saniona A/S
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Funding Insights of Magma HQ
Magma HQ has successfully raised a total of $370K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $350 thousand completed in June 2011. 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 — $350,000
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First Round
First Round
(06 Sep 2010)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2011 | Amount | Seed - Magma HQ | Valuation |
investors |
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| Sep, 2010 | Amount | Seed - Magma HQ | 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 Magma HQ
Magma HQ has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Issuu and Startupbootcamp. 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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Tech focused global accelerator firm
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Founded Year | Domain | Location | |
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Digital publishing and discovery platform
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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 Magma HQ
| 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 - Magma HQ
| 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 |
Magma Hq Comparisons
Competitors of Magma HQ
Magma HQ 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 Notion, Smartsheet, Clickup, monday.com and Airtable, 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 |
Diversified smart home products including hubs and sensors are provided.
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| domain | founded_year | HQ Location |
Cloud based suite solutions for enterprise project management
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| domain | founded_year | HQ Location |
Cloud based project management platform
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| domain | founded_year | HQ Location |
Cloud-based platform for project management and team tracking is offered.
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| domain | founded_year | HQ Location |
Cloud and AI based low code workflow and app development platform
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| domain | founded_year | HQ Location |
Cloud-based project management software is offered for teams.
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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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Frequently Asked Questions about Magma HQ
When was Magma HQ founded?
Magma HQ was founded in 2010.
Where is Magma HQ located?
Magma HQ is headquartered in Copenhagen, Denmark.
Is Magma HQ a funded company?
Magma HQ is a funded company, having raised a total of $370K across 2 funding rounds to date. The company's 1st funding round was a Seed of $20K, raised on Sep 06, 2010.
How many employees does Magma HQ have?
As of Mar 31, 2024, the latest employee count at Magma HQ is 23.
What does Magma HQ do?
A cloud-based web application is offered by Magma, founded in 2010 in Copenhagen, Denmark, within the publishing technology sector. Editorial teams are supported in planning, organizing, and producing print and digital magazines. Content creation is outsourced to writers and photographers, while collaboration with art directors occurs during layout processes. Operations focus on streamlining workflows for magazine production.
Who are the top competitors of Magma HQ?
Magma HQ's top competitors include monday.com, Smartsheet and Clickup.
Who are Magma HQ's investors?
Magma HQ has 2 investors. Key investors include Issuu, and Startupbootcamp.