How Much Did Premagic Raise?
Funding & Key Investors

Premagic, an AI-based event technology platform, has secured $266K in total funding, with its most recent capital infusion amounting to $266K. This major strategic investment underscores the company's significant traction in the event marketing and experience sector, positioning it for accelerated growth and market expansion.

What is Premagic?

Premagic
SoftwareCustomer Engagement Platforms

Founded in 2018, Premagic operates as an AI-driven platform designed to enhance organic event marketing by transforming attendees into active promoters. The company offers a comprehensive suite of tools that span the entire event lifecycle, from pre-event engagement to post-event follow-up. Premagic's solutions are engineered to organically boost event visibility, attendee satisfaction, and overall engagement, addressing a critical need for effective and scalable event marketing strategies in the current landscape.

How much funding has Premagic raised?

Premagic has raised a total of $266K across 1 funding round:

2021

Other Financing Round

$266K

Other Financing Round (2021): $266K with participation from Sony Joy, Mohammed Hisamuddin, Sujayath Ali, and Sharique Samsudheen

Key Investors in Premagic

Sony Joy

Sony Joy is an individual investor participating in Premagic's funding round. Their involvement suggests a belief in the company's innovative approach to event marketing technology.

Mohammed Hisamuddin

Mohammed Hisamuddin is an individual investor backing Premagic. Their participation indicates confidence in the company's AI-based event tech platform and its mission to boost organic event marketing.

Sujayath Ali

Sujayath Ali, an individual investor, has contributed to Premagic's latest funding round. This backing highlights the perceived value and growth potential of Premagic's comprehensive event marketing solutions.

What's next for Premagic?

With the recent large-scale late-stage funding, Premagic is poised to further solidify its market position and scale its operations. This strategic capital injection is expected to fuel product development, enhance its AI capabilities, and expand its reach into new markets. The company's focus on turning attendees into marketers aligns with a growing trend towards user-generated content and authentic promotion, suggesting a strong future trajectory for Premagic as it continues to innovate in the event tech space.

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Frequently Asked Questions Regarding Premagic Financial Insights

What are the most recent funding rounds that Premagic has completed, and what were the funding rounds?
Premagic has recently completed 1 funding rounds: Other Financing Round on Nov 30, 2021.
What is the total amount of funding Premagic has raised to date?
Premagic has raised a total of $266K in funding to date.
How many funding rounds has Premagic completed?
Premagic has completed 1 funding rounds.
How much funding did Premagic raise in its most recent funding round?
Premagic raised $266K in its most recent funding round.
Who are the lead investors in Premagic's latest funding round?
The lead investor in Premagic's latest funding round was Sony Joy. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Premagic's history?
The largest funding round in Premagic's history was $266K.
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