About NYMAGIC
NYMAGIC is a company based in New York (United States) founded in 1998 by John Blackman, and was acquired by ProSight Specialty Insurance in July 2010. Limited details are available on NYMAGICs core operations.
Company details
NYMAGIC was founded in 1998 by John Blackman in New York, United States. The company is associated with the domain nymagic.com. Information regarding its industry sector, specific services, and operational scope remains limited in available records. No further details on business activities or geographical reach beyond the founding location are provided.
- Headquarters New York, United States
- Founders John Blackman
- Stage Acquired
- Website nymagic.com
- Acquired by ProSight Specialty Insurance (Jul 2010)
- Latest Funding Round$100M (USD), Debt – Conventional
Mar 2004
- Investors
- Acquired byProSight Specialty Insurance
(Jul 2010)
Funding Insights of NYMAGIC
- Total Rounds 1
- Last Round Debt – Conventional — $100M
- First Round $100M
(Mar 2004)
All 1 funding rounds of NYMAGIC 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 |
|---|---|---|---|---|---|
| Mar 2004 | $100M | Debt – Conventional | – | – | – |
1 investors in total: 1 institutional.
Investors in NYMAGIC
NYMAGIC has secured backing from 1 investor. Prominent investors backing the company include ProSight Specialty Insurance.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Property and casualty insurance is provided to specialty sectors. | 2009 | prosightspecialty.com | Morristown, United States |
Investor details for NYMAGIC
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.
People of NYMAGIC
1 people are tracked at NYMAGIC (1 in leadership).
| Name | Role | Group |
|---|---|---|
John Blackman | Founder | Leadership |
Complete people profiles for NYMAGIC
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of NYMAGIC
3 dated milestones of NYMAGIC across 12 years, from founding to its latest funding, stage changes and deals.
- Founded NYMAGIC is founded.
- Funding First funding round of $100.0M.
- Exit Acquired by ProSight Specialty Insurance.
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Frequently Asked Questions about NYMAGIC
NYMAGIC was founded in 1998 and raised its 1st funding round 6 years after it was founded.
NYMAGIC is headquartered in New York, United States. It is registered at New York, New York, United States.
NYMAGIC was founded in 1998 by John Blackman in New York, United States. The company is associated with the domain nymagic.com. Information regarding its industry sector, specific services, and operational scope remains limited in available records. No further details on business activities or geographical reach beyond the founding location are provided.
NYMAGIC has 1 investor. Key investors include ProSight Specialty Insurance.
Yes. NYMAGIC was acquired by ProSight Specialty Insurance in July 2010.