What is iMagic?
iMagic operates within the Architecture, Engineering & Design industry, a sector critical for infrastructure development and urban planning. With a team size of 20 to 49 employees and an estimated revenue between $5M to $10M, the company is based in Portsmouth, New Hampshire. Its focus on design and engineering solutions suggests a role in shaping built environments and technological advancements within the industry. The recent funding round, characterized as substantial expansion capital, points to iMagic's ambition to broaden its market reach and enhance its service offerings.
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?
The significant Series B/C stage funding for iMagic underscores a pivotal moment for the company's strategic development. This capital infusion is expected to fuel key initiatives such as technological innovation, market expansion, and potentially talent acquisition to support its growth objectives. Investors are likely betting on iMagic's capacity to leverage its expertise in Architecture, Engineering & Design to capture greater market share and drive profitability. The company's next steps will likely involve demonstrating a clear return on investment through enhanced project delivery and sustained revenue growth.
See full iMagic company page
