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Magic AI

Magic AI

Private
LondonConsumer & Commercehttps://magic.fit/

Last Round

Series B

Sep 23, 2026

Est. Valuation

$8M

Total Funding Raised

$15M

Momentum

Top 1%

of companies Caplight tracks

Company Overview

Magic AI is a fitness technology company that provides an AI-powered fitness mirror and smart weights that use computer vision and 3D cameras to offer users real-time feedback on exercise form and personalized training from virtual coaches.

Sector

Consumer & Commerce

Verticals

Sports & Fitness, Computer Vision, Consumer Electronics, Retail Technology

Business Model

B2C

Customer Profile

Hardware + Subscription, Subscription SaaS

AI Layer

Application

Keywords

smart fitness mirrorcomputer visionhome fitnessAI fitnessform correctionCVmotion trackingconnected fitnessinteractive workoutfitness hardwarereal-time feedbacksmart mirrorwellness technologycorporate wellness

Historical Pricing

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Caplight Momentum Score

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Magic AI Comparables

Compare Magic AI with similar companies based on industry and business-model similarity.

Magic AI comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Lumin Fitness
82%
ミラーフィット株式会社
81%
Herbalife Nutrition Ltd.
81%

Magic AI Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BSep 23, 2026
AngelOct 27, 2025
VC RoundNov 25, 2024
SeedJul 21, 2023

Key People

Founding team and executive leadership

Varun Bhanot

Co-Founder and CEO

Founding Team

Tom Dignan

Fractional CTO

Executive Team

Ankush Bhatia

Fractional CFO

Executive Team

Magic AI Investors

Notable investors and investment history

Magic AI investors
InvestorRounds
Active PartnersSeries B
Baleen CapitalVC Round
Ventures TogetherVC Round
Ventures TogetherVC Round, Series B
Fasanara CapitalSeed
BeringeaSeries B
IW CapitalVC Round, Series B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Sep 23, 2026

    $11M round led by Beringea and IW Capital.

  • Dec 31, 2025

    Aiming for EBITDA profitability by the end of 2025.

Recent news

Latest coverage and updates

  • recognized_asSep 23, 2026

    Magic recognized as fourth fastest-growing hardware company on Jul 1st '26.

  • receives_financingSep 23, 2026

    Magic received financing of $11M in Series B on Sep 23rd '26.

  • partners_withAug 13, 2026

    Magic partnered with John Lewis Partnership on Aug 13th '26.

  • receives_awardJul 29, 2026

    Varun Bhanot at Magic received award King's Award for Enterprise in the innovation category on Apr 1st '26.

Magic AI Filings

Explore SEC and related filing metadata, where available.

Magic AI filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Magic AI's valuation, stock price, and market status.

Is MAGIC AI a public or private company?

MAGIC AI is a private company.

What is the current stock price of MAGIC AI?

MAGIC AI is a private company with no public stock price. No recent secondary market data is available.

How much is MAGIC AI worth (valuation)?

MAGIC AI's valuation is estimated at $8.0M based on funding round data.

Can I buy MAGIC AI stock?

MAGIC AI shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was MAGIC AI's last funding round?

MAGIC AI's most recent funding round was Seed on July 20, 2023.

Who are the main investors in MAGIC AI?

Key investors in MAGIC AI include Fasanara Capital, IW Capital.

Will MAGIC AI IPO soon?

No public IPO plans have been announced for MAGIC AI.

How can I track MAGIC AI secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor MAGIC AI's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersLondon
Employee Range27
Year Founded2021
Last FundingSep 23, 2026

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