General Magic
PrivateLast Round
Seed
Feb 24, 2026
Total Funding Raised
$9.6M
Company Overview
General Magic is an insurtech company that develops SMS-native AI agents to automate workflows for the insurance industry.
Sector
Enterprise Software
Verticals
InsurTech, Workflow Automation, NLP & Conversational AI, Vertical SaaS, Customer Experience
Business Model
B2B
Customer Profile
Subscription SaaS, Usage-Based SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
General Magic Comparables
Compare General Magic with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Cara | 88% | |
| Avallon AI | 78% | |
| Pace | 77% |
General Magic Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Seed | Feb 24, 2026 | ||||
| Pre Seed | Jul 24, 2025 | ||||
| Pre Seed | Mar 1, 2025 |
General Magic Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| a16z speedrun | Pre Seed, Seed |
| Comma Capital | Pre Seed, Seed |
| Radical Ventures | Seed |
General Magic Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
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Request accessFrequently Asked Questions
Common questions about General Magic's valuation, stock price, and market status.
Is General Magic a public or private company?
General Magic is a private company.
What is the current stock price of General Magic?
General Magic is a private company with no public stock price. No recent secondary market data is available.
How much is General Magic worth (valuation)?
Valuation information for General Magic is not publicly available.
Can I buy General Magic stock?
General Magic 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 General Magic's last funding round?
General Magic's most recent funding round was Seed on February 25, 2026.
Who are the main investors in General Magic?
Key investors in General Magic include Radical Ventures.
Will General Magic IPO soon?
No public IPO plans have been announced for General Magic.
How can I track General Magic secondary market activity?
Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor General Magic's secondary market activity and sign up for updates.