How Much Did Magic Spray Raise?
Funding & Key Investors

Magic Spray, a Silicon Valley-based compliance coating specialist, has secured significant capital, with its total funding reaching $150K. The company recently announced a major strategic investment of $150K, underscoring its robust growth trajectory and market position in the industrial coating sector. This latest financing round is expected to fuel further expansion and innovation within its specialized services.

What is Magic Spray?

Magic Spray
ManufacturingIndustrial Machinery & Equipment

Magic Spray operates as a compliance coating company with extensive expertise in industrial powder coating, spray coating, silk screening, and EMI coating. Serving critical sectors such as electronics, medical, and transportation for over eighteen years, the company has built a reputation for quality and reliability from its Santa Clara, California facility. Founded by Moe Hosseinipoor, Magic Spray is committed to rapid lead times and competitive pricing, offering a comprehensive suite of services that includes prototyping and complimentary pick-up and delivery. Its client base spans industries including military and telecommunications, highlighting its versatility and deep industry penetration.

How much funding has Magic Spray raised?

Magic Spray has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Magic Spray

PPP

Public-Private Partnership

What's next for Magic Spray?

The substantial large-scale late-stage funding indicates Magic Spray is poised for significant scaling and market consolidation. This strategic capital infusion is likely to be directed towards enhancing operational capacity, expanding service offerings, and potentially exploring new geographic markets. The company's focus on quality, speed, and competitive pricing, coupled with its established presence in high-demand industries, positions it favorably for continued growth and technological advancement in the compliance coating landscape.

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Frequently Asked Questions Regarding Magic Spray Financial Insights

What are the most recent funding rounds that Magic Spray has completed, and what were the funding rounds?
Magic Spray has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding Magic Spray has raised to date?
Magic Spray has raised a total of $150K in funding to date.
How many funding rounds has Magic Spray completed?
Magic Spray has completed 1 funding rounds.
How much funding did Magic Spray raise in its most recent funding round?
Magic Spray raised $150K in its most recent funding round.
Who are the lead investors in Magic Spray's latest funding round?
The lead investor in Magic Spray's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Magic Spray's history?
The largest funding round in Magic Spray's history was $150K.
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