At a Glance
Magic Fund is a solo GP fund founded in 2021 in San Francisco, operating with $25 million in assets under management and a laser focus on artificial intelligence and automation technologies. The fund takes a thesis-driven approach to investing, specifically targeting AI-first companies that are leveraging artificial intelligence to automate and transform traditional business processes across various industries.
The firm's investment strategy concentrates on pre-seed and seed stage companies, allowing them to get involved early with AI startups that are developing foundational technologies. Magic Fund's focus on AI and automation positions it at the intersection of some of the most significant technological trends, from machine learning and natural language processing to robotic process automation and intelligent software systems.
As a solo GP fund, Magic Fund can move quickly on investment decisions while maintaining a concentrated portfolio approach. The firm's San Francisco location provides access to the heart of the AI ecosystem, including talent from major tech companies and leading AI research institutions. Their emphasis on companies automating traditional business processes suggests a practical approach to AI investing, focusing on applications with clear commercial value rather than purely theoretical advances.
“Investing in AI-first companies that are automating and transforming traditional business processes.”
Magic Fund primarily invests at the Pre-Seed, Seed stages. This means they focus on companies that are at the earliest idea or prototype phase.
Magic Fund is headquartered in San Francisco, CA. Many of their portfolio companies are also based in this region, though they invest across geographies.
Magic Fund focuses on investments in AI, Enterprise. Their portfolio reflects deep expertise and networks within these sectors.
Magic Fund's typical investment check size ranges from $100K to $500K. Actual amounts may vary based on the stage, sector, and specific opportunity.
Magic Fund manages approximately $25M in assets under management (AUM) across their funds.