Today we’re excited to share that Magical has raised $35M in Series A funding to empower anyone to eliminate soul-crushing work. Following $6 million seed funding backed by Greylock and Bain, the round was led by Coatue with support from existing investors at Greylock and Bain, Lightspeed, SV Angel, Blank Ventures, Box Group and others.
“We invested in Magical because it offers a simple, easy solution that can automate mundane tasks for literally anyone. Coatue believes the value of the product is clear, as adoption climbs and daily active usage signals just how beneficial Magical is to team workflows. With the introduction of Magical's more advanced features geared toward automation, we believe the company will play a foundational role in the future of how we do work.”
- Andy Chen, Coatue
Our angel investors in both rounds include leading software visionaries like Front’s Mathilde Collin, Figma’s Dylan Field, Loom co-founders Joe Thomas, Shahed Khan, Vinay Hiremath, Intercom’s co-founder Des Traynor, Lattice founder Jack Altman, former Atlassian executives Jay Simons and Sri Viswanathan, and many more.
Repetitive tasks are everywhere, but existing solutions require a Ph.D.
Before Magical, I founded a startup called Careerify. Like every founder, I wore many hats, such as sales, recruiting, and even acting as our customer support team. In these roles, I was bombarded with repetitive tasks such as copy-pasting prospect information into databases or repeatedly writing the same outreach message to candidates. I quickly realized that everyone succumbs to mundane, repetitive tasks, but existing automation solutions are expensive, clunky, or require technical skills to set up and manage.
That’s why we created Magical.
An important journey ahead
We have ambitious goals to empower the billions of knowledge workers globally to get back to doing what they love instead of mind-numbing tasks. With the funding we announced today, we plan to double down on R&D, focusing on bringing world-class talent to product, engineering, and design teams. If you’re excited about what we’re building, check out our open roles to see if there might be a fit.
Along with my co-founders, Rosie Chopra, Zach Piepmeyer, and Prashant Viswanathan, we’re tackling the $24B robotic process automation (RPA) market. While this space typically brings to mind clunky, expensive software with long sales and implementation cycles, Magical flips RPA on its head, offering a simple, user-enabled automation solution.
We’re just beginning this important journey and hope that you’ll follow along as we progress. Download our free Google Chrome Extension to try it out and see how Magical can save you hours each week. If you have questions for us, reach out at hello@getmagical.com.
Cheers, Harpaul & the MagicMakers Team
Ps. Have feedback? Check us out on Product Hunt and leave your feedback or share your support. 🙏
