How Much Did Magify Raise?
Funding & Key Investors

Magify has secured $1.1M in total capital, with its most recent financing round bringing in $1.1M through a major strategic investment. This significant backing underscores the company's trajectory in the competitive business intelligence and LiveOps sector.

What is Magify?

Magify
SoftwareBusiness Intelligence (BI) Software

Magify, a Cyprus-based entity, is dedicated to making advanced end-to-end business intelligence and LiveOps solutions accessible to smaller and medium-sized gaming studios. By offering these services on a flexible pay-as-you-go model, Magify aims to empower these studios, fostering their growth and enabling them to compete more effectively in the dynamic gaming market.

How much funding has Magify raised?

Magify has raised a total of $1.1M across 1 funding round:

2024

Other Financing Round

$1.1M

Other Financing Round (2024): $1.1M with participation from Steam Power

Key Investors in Magify

Steam Power

Steam Power is an entity focused on advancements in steam power technology, promoting clean energy solutions and sustainable alternatives. Their involvement suggests a potential interest in the operational efficiency or energy aspects of Magify's technology.

What's next for Magify?

The substantial enterprise-level funding Magify has garnered, particularly the recent strategic investment, positions the company for significant expansion and product development. This capital infusion is expected to accelerate Magify's mission to democratize access to critical business intelligence tools for the gaming industry, likely leading to enhanced platform capabilities and broader market penetration.

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Frequently Asked Questions Regarding Magify Financial Insights

What are the most recent funding rounds that Magify has completed, and what were the funding rounds?
Magify has recently completed 1 funding rounds: Other Financing Round on Sep 24, 2024.
What is the total amount of funding Magify has raised to date?
Magify has raised a total of $1.1M in funding to date.
How many funding rounds has Magify completed?
Magify has completed 1 funding rounds.
How much funding did Magify raise in its most recent funding round?
Magify raised $1.1M in its most recent funding round.
Who are the lead investors in Magify's latest funding round?
The lead investor in Magify's latest funding round was Steam Power. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Magify's history?
The largest funding round in Magify's history was $1.1M.
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