What is iMagic?
Headquartered in Portsmouth, New Hampshire, iMagic operates as a specialized entity within the Architecture, Engineering & Design industry. With a workforce of 20 to 49 professionals and annual revenue figures ranging between 5M and 10M, the company has established a stable foundation for growth. Its core competency lies in integrating complex design requirements with engineering precision, a niche that has allowed it to maintain a consistent market position despite broader economic fluctuations.
The firm's ability to deliver high-value design services has made it a notable player in the regional market, with a clear trajectory toward broader geographic reach. By maintaining a lean operational structure while scaling its service offerings, iMagic demonstrates a disciplined approach to resource management and client acquisition.
How much funding has iMagic raised?
iMagic has raised a total of $94K across 1 funding round:
Debt
$94K
Debt (2021): $94K with participation from PPP
Key Investors in iMagic
PPP
Public-Private Partnership
What's next for iMagic?
Looking ahead, the infusion of capital will likely be directed toward enhancing the company's technological infrastructure and expanding its professional team to meet increasing demand. As iMagic navigates this significant Series B/C stage, the focus will shift toward optimizing project delivery cycles and exploring new vertical markets within the engineering landscape.
Strategic priorities will likely include the adoption of advanced design software and the potential for geographic expansion beyond its New Hampshire base. By prioritizing sustainable growth and operational excellence, iMagic is poised to capitalize on the current demand for integrated design and engineering services, setting the stage for future valuation milestones and long-term industry leadership.
