How Much Did Magic Touch Raise?
Funding & Key Investors

Magic Touch has secured significant capital, with its total funding reaching $150K following a recent major strategic investment of $150K. This substantial financial infusion signals a pivotal moment for the company, likely enabling expansion and further development in its core business areas.

What is Magic Touch?

Magic Touch
Real EstateCleaning ServicesConsumer Services

Magic Touch Corporation, established in 1984 and based in Jonesboro, AR, is a diversified family-owned business with a dual focus on property rentals and dry cleaning services. The company offers a comprehensive range of rental properties, including apartments and houses, aiming to provide suitable accommodations for its clientele. Complementing its real estate ventures, Magic Touch operates multiple dry cleaning locations, emphasizing customer convenience with accessible hours and a commitment to service excellence. This strategic combination of services has cemented its strong local presence and reputation over decades of operation.

How much funding has Magic Touch raised?

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

2020

Debt

$150K

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

Key Investors in Magic Touch

PPP

Public-Private Partnership

What's next for Magic Touch?

The recent large-scale, late-stage funding, characterized as a major strategic investment, positions Magic Touch for accelerated growth and operational enhancement. This capital injection is expected to fuel strategic initiatives, potentially involving the expansion of its property portfolio, modernization of its dry cleaning facilities, or entry into new geographic markets. The company's established operational history and commitment to customer service provide a solid foundation for leveraging this new financing to achieve its next phase of development and market penetration.

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Frequently Asked Questions Regarding Magic Touch Financial Insights

What are the most recent funding rounds that Magic Touch has completed, and what were the funding rounds?
Magic Touch has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding Magic Touch has raised to date?
Magic Touch has raised a total of $150K in funding to date.
How many funding rounds has Magic Touch completed?
Magic Touch has completed 1 funding rounds.
How much funding did Magic Touch raise in its most recent funding round?
Magic Touch raised $150K in its most recent funding round.
Who are the lead investors in Magic Touch's latest funding round?
The lead investor in Magic Touch'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 Touch's history?
The largest funding round in Magic Touch's history was $150K.
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