What is MagicPlan?
MagicPlan is recognized as the premier residential contractor application designed for field operations. The platform empowers users to instantly generate and distribute floor plans, field reports, and on-site estimates through a single, intuitive application. This enhances on-the-go productivity and facilitates seamless office connectivity. Its design prioritizes speed, power, and a lightweight user experience, making it an affordable and efficient solution for professionals in the construction and renovation industry.
How much funding has MagicPlan raised?
MagicPlan has raised a total of $1.2M across 1 funding round:
Series A
$1.2M
Series A (2013): $1.2M with participation from Partech International
Key Investors in MagicPlan
Partech International
Partech International is a global venture capital firm that invests in technology companies across various stages, from seed to growth. Their focus often includes software and digital solutions that drive business efficiency.
What's next for MagicPlan?
The substantial enterprise-level capital infusion positions MagicPlan for accelerated expansion and further product development. This strategic investment is likely to fuel enhancements in its core functionalities, potentially expanding its reach into new markets or deepening its integration with existing construction management ecosystems. The company's trajectory suggests a focus on solidifying its market leadership and leveraging technology to streamline complex field operations for residential contractors.
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