How Much Did MagicPlan Raise?
Funding & Key Investors

MagicPlan has solidified its market position through a significant capital injection, securing a total of $1.2M to date. The most recent strategic investment of $1.2M underscores the company's trajectory as a critical utility for residential contractors. By leveraging this financing, the firm continues to scale its digital infrastructure, ensuring that field-based professionals maintain a competitive edge in an increasingly digitized construction landscape.

What is MagicPlan?

MagicPlan
SoftwareMobile App DevelopmentEngineering Software

MagicPlan operates as a premier mobile-first platform designed to streamline the workflow of residential contractors. The application serves as an all-in-one solution for generating floor plans, field reports, and project estimates directly from the job site. By bridging the gap between on-site data collection and office-based project management, MagicPlan enhances operational efficiency and reduces administrative overhead. Its lightweight, high-performance architecture has made it a standard tool for professionals seeking to digitize manual processes and improve communication across the construction lifecycle.

How much funding has MagicPlan raised?

MagicPlan has raised a total of $1.2M across 1 funding round:

2013

Series A

$1.2M

Series A (2013): $1.2M with participation from Partech International

Key Investors in MagicPlan

Partech International

A global venture capital firm that focuses on supporting early-stage and growth-stage technology companies with a strong emphasis on digital transformation and software innovation.

What's next for MagicPlan?

With the backing of major institutional partners, MagicPlan is well-positioned to expand its enterprise-level capabilities. The current funding cycle suggests a strategic pivot toward deeper integration with existing construction management ecosystems and the potential for advanced data analytics features. As the industry shifts toward automated estimation and real-time reporting, MagicPlan is expected to leverage its substantial capital reserves to enhance its proprietary technology stack, potentially exploring new market segments or deepening its penetration within the global residential renovation sector. The focus remains on maintaining its status as the primary digital interface for field-to-office connectivity.

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Frequently Asked Questions Regarding MagicPlan Financial Insights

What are the most recent funding rounds that MagicPlan has completed, and what were the funding rounds?
MagicPlan has recently completed 1 funding rounds: Series A on May 19, 2013.
What is the total amount of funding MagicPlan has raised to date?
MagicPlan has raised a total of $1.2M in funding to date.
How many funding rounds has MagicPlan completed?
MagicPlan has completed 1 funding rounds.
How much funding did MagicPlan raise in its most recent funding round?
MagicPlan raised $1.2M in its most recent funding round.
Who are the lead investors in MagicPlan's latest funding round?
The lead investor in MagicPlan's latest funding round was Partech International. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in MagicPlan's history?
The largest funding round in MagicPlan's history was $1.2M.
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