How Much Did Team Magic Raise?
Funding & Key Investors

Team Magic, a company focused on organizing premier triathlon and running events, has secured $47K in recent financing, contributing to its overall funding of $47K. This capital infusion signifies a critical stage for the company, likely aligning with its Series B/C funding context, aimed at fueling significant expansion and operational scaling within the competitive sports event industry.

What is Team Magic?

Team Magic
OrganizationsNon-Profit & Charitable OrganizationsHospitality

Magic Sports, operating as Team Magic, is a specialized organizer of high-caliber triathlon and running events across Alabama, Tennessee, and Kentucky. The company caters to a diverse athletic community, offering races from sprint to Olympic distances. Beyond competition, Team Magic fosters community engagement through volunteer programs and sponsorships, solidifying its role as a central hub for athletic enthusiasts. Their dedication to meticulous organization and participant satisfaction underscores their mission to deliver memorable and impactful race experiences.

How much funding has Team Magic raised?

Team Magic has raised a total of $47K across 1 funding round:

2021

Debt

$47K

Debt (2021): $47K with participation from PPP

What's next for Team Magic?

With the recent substantial expansion capital, Team Magic is poised for accelerated growth. The company's strategic focus will likely involve expanding its geographical reach, enhancing the participant experience through technological integration, and potentially diversifying its event portfolio. This investment is expected to bolster operational infrastructure, marketing efforts, and community outreach, positioning Team Magic to capitalize on the growing demand for organized athletic events and solidify its market leadership.

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Frequently Asked Questions Regarding Team Magic Financial Insights

What are the most recent funding rounds that Team Magic has completed, and what were the funding rounds?
Team Magic has recently completed 1 funding rounds: Debt on Jan 31, 2021.
What is the total amount of funding Team Magic has raised to date?
Team Magic has raised a total of $47K in funding to date.
How many funding rounds has Team Magic completed?
Team Magic has completed 1 funding rounds.
How much funding did Team Magic raise in its most recent funding round?
Team Magic raised $47K in its most recent funding round.
Who are the lead investors in Team Magic's latest funding round?
The lead investor in Team Magic'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 Team Magic's history?
The largest funding round in Team Magic's history was $47K.
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