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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 operates in Consumer & Commerce and is based in London. Its latest recorded funding round was a Series B round in September 2026.

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

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Pricing history

Caplight clients see full MarketPrice™ history and secondary transactions.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

Momentum history

Caplight clients track how buyer interest and sentiment change over time.

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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%
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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
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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

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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
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Market signals

Structured signals derived from secondary market and firmographic data.

  • Nov 7, 2026

    Achieved 19,774% revenue growth over three years, per Deloitte UK Technology Fast 50.

  • Nov 7, 2026

    Named UK's fastest-growing tech company by Deloitte.

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Recent news

Latest coverage and updates

  • recognized_asNov 7, 2026

    Magic is named the UK's fastest-growing technology company in the 2026 Deloitte UK Technology Fast 50 awards, which rank the 50 fastest-growing UK technology companies by three-year revenue growth, at a ceremony in the United Kingdom on Nov 5th '26.

  • has_revenue_increased_byNov 7, 2026

    Magic achieves 19774% revenue growth over three years and ranks as the UK's fastest-growing technology company in the 2026 Deloitte UK Technology Fast 50 awards in the United Kingdom on Nov 5th '26.

  • recognized_asNov 6, 2026

    Deloitte recognizes Magic as the UK's fastest-growing technology company in its 2026 UK Technology Fast 50 awards after 19,774% revenue growth over three years at a ceremony in the United Kingdom on Nov 5th '26.

  • recognized_asOct 12, 2026

    Magic ranks No. 4 on the Financial Times’ list of Britain’s Fastest-Growing Companies 2026, following its No. 21 ranking on the FT1000 list of Europe’s Fastest-Growing Companies.

  • recognized_asOct 12, 2026

    The Sunday Times lists Magic as Britain's fourth-fastest-growing hardware company, while the Financial Times places it 21st in the FT1000 list of Europe's fastest-growing companies for 2026.

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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, so its shares have no public market price. Caplight tracks Magic AI's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

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.

When was Magic AI's last funding round?

Magic AI's most recent funding round was Series B on September 23, 2026.

Who are the main investors in Magic AI?

Key investors in Magic AI include Fasanara Capital, Beringea, 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 in Magic AI's shares on secondary markets.

Firmographic Details

HeadquartersLondon
Employee Range27
Year Founded2021
Last FundingSep 23, 2026

Institutional Data Access

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