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aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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Founded with a vision to revolutionize financial transparency, Magic Orange offers a comprehensive platform designed to help companies understand, control, and optimize their costs. The core mission is to transform shared services expenses into strategic investments by providing detailed insights into cost and consumption. Their suite of services includes IT Financial Management, profitability and costing analysis, shared services cost allocations, and cloud financial management. Magic Orange targets CIOs, CFOs, IT leaders, and shared services leaders across various industries.
Notable figures affiliated with Magic Orange include industry experts in financial management and technology optimization. The company has garnered attention from key investors in the tech and finance sectors, contributing to its rapid growth and adoption. Magic Orange's platform has achieved significant milestones in cost transparency and optimization, empowering businesses to make informed financial decisions. The overall impact of Magic Orange is evident in its ability to transform traditional expense management into a forward-thinking investment strategy, thereby driving efficiency and profitability for its clients.
Operating Status
Active
Ownership Type(s)
Venture Capital, Private Equity
Main Product(s)
Software, Platform
Technology
Analytics, Cloud
Tags
Fintech, SaaS
Model Types
Platform, Software
Revenue Type(s)
Recurring
Customer Type(s)
Enterprise
Geographic Exposure
Global
When was Magic Orange founded?
Magic Orange was founded in 2014.
Where is Magic Orange’s headquarters located?
Magic Orange’s headquarters is located in Delray Beach, FL, US.
When was Magic Orange’s last funding round?
Magic Orange’s most recent funding round was for $7.5M (USD) in November 2023.
How many employees does Magic Orange have?
Magic Orange has 39 employees as of Feb 4, 2024.
How much has Magic Orange raised to-date?
As of July 05, 2023, Magic Orange has raised a total of $7.5M (USD) since Nov 1, 2023.
Add Comparison
Total Raised to Date
$7.5M
USD
Last Update Nov 1, 2023
Last Deal Details
$7.5M
USD
Nov 1, 2023
Series A
Total Employees Over Time
39
As of Feb 2024
Magic Orange Address
1615 S Congress Ave
Delray Beach,
Florida
33445
United States
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts