Magic Ai Revenue

Wellness and Fitness Services • London, England, United Kingdom • 21-50 Employees

Magic Ai revenue & valuation

Annual revenue	$3,251,090
Revenue per employee	$86,000
Estimated valuation?This valuation is estimated based on industry average for the Wellness and Fitness Services industry and current estimated revenues	$10,500,000
Total funding	$7,500,000

Key Contacts at Magic Ai

Varun Bhanot

Co-Founder And Ceo

Sunil Jindal

Co-Founder & Chief Product Officer

Company overview

Headquarters	115 Coventry Road, Pillbox Studios, London, England E2 6GG, GB
Website	magic.fit
NAICS	71394
Founded	2021
Employees	21-50
Socials

Magic Ai Email Formats

Magic Ai uses 2 email formats. The most common is {first name} (e.g., john@magic.fit), used 57.9% of the time.

Format	Example	Percentage
{first name}	john@magic.fit	57.9%
{first initial}	j@magic.fit	42.1%

About Magic Ai

MAGIC uses computer vision, connected weights and 3D cameras to deliver personal training by the world's best athletes at home. MAGIC is the first in the world to allow users to perform exercises in front of an intelligent hologram mirror which uses our own custom computer vision software to correct real-time form, rep count, and give live feedback to give a completely hyper-personalised workout. We have combined this with our patent-pending dumbbells and co-created workout content with the world's leading athletes. Similar to how Masterclass.com has done for the higher arts, we enable anyone to be coached by the world’s best in sport, strength, yoga, boxing, dance etc. Users get 1:1 hyper-personalised tracking and feedback as if being personally trained + corrected by them -- but without having to pay £100s a week in typical personal training fees. We are stocked in Selfridges, were named Techround’s #1 IoT startup 2021 and were recently backed by Virgin Startup. We are venture capital backed by 2 leading multi $billion VC funds who also invested in unicorns: Grover, Scalapay and Onfido as well as the founders/angels from Spotify, Stripe, Facebook, Hopin and Tough Mudder.

Employees by Management Level

Total employees: 21-50

Seniority

Employees

Senior

Manager

Entry

Employees by Department

Magic Ai has 14 employees across 5 departments.

Departments

Number of employees

Funding Data

Explore Magic Ai's funding history, including investment rounds, total capital raised, and key backers.

Funding Date	Round	Amount	Link to Article
2023-08-20	3	$2,500,000
2024-12-25	3	$5,000,000

Funding Insights

$7,500,000

Total funding amount

$5,000,000

Most recent funding amount

Number of funding rounds

Magic Ai Tech Stack

Discover the technologies and tools that power Magic Ai's digital infrastructure, from frameworks to analytics platforms.

Facebook Ads

Advertising

Redux

JavaScript frameworks

Akamai mPulse

RUM

Automizely

Marketing automation

AWIN

Affiliate programs

Tailwind CSS

UI frameworks

PWA

Miscellaneous

Swiper

JavaScript libraries

lit-element

JavaScript libraries

Goober

JavaScript libraries

Hotjar

Analytics

lit-html

JavaScript libraries

Frequently asked questions

Magic Ai is located in London, England, GB.

Magic Ai generates an estimated annual revenue of $3,251,090. This revenue figure reflects the company's market position and business performance in its industry.

Magic Ai has an estimated valuation of $10,500,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.

Magic Ai was founded in 2021, making it 5 years old. The company has established itself as a significant player in its industry over this time.

Magic Ai has approximately 21-50 employees. The company continues to grow its workforce to support its business operations and expansion.

Magic Ai has raised a total of $7,500,000 across 2 funding rounds. This investment has helped the company grow and expand its operations.

Key Contacts at Magic Ai

Varun Bhanot

Co-Founder And Ceo

Sunil Jindal

Co-Founder & Chief Product Officer

4.8

40,000 users