Magic Fund: A venture capital fund of micro-funds, managed by expert founders for early-stage investing.
Location
Los Angeles, CA, US
Founded
2017
Magic Fund is a venture capital fund focused on early-stage investing, primarily in pre-seed and seed rounds. The fund operates on a unique model of micro-funds managed by experienced founders with expertise in specific industries and geographies. Magic Fund typically invests in technology-driven startups across various sectors, including fintech, healthtech, and enterprise software.
Notable portfolio companies include Payfazz (mobile banking), Retool (no-code software), and Frubana (farm-to-restaurant platform). The fund's investment philosophy centers on founders backing founders, leveraging the firsthand experience of its partners to provide valuable insights and support to portfolio companies. Magic Fund has invested in over 100 startups across multiple countries, emphasizing its global approach to early-stage venture capital.
Magic Fund - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
