MAGIC Fund

Optimizing costs is crucial for early-stage startups. Michael Lisovetsky, our General Partner and founder of New York's leading growth agency, Juice advises: "Focus on your key cost per action". By scaling smarter, not harder, you can maximize growth without overspending.

Startups can be overwhelming, but your mental health doesn't have to be. Did you know that 72% of entrepreneurs experience mental health issues? Investing in your mental wellbeing can have a significant payoff - every dollar invested returns $2.30 in productivity gains! Swipe through to discover 6 essential tips to prioritize your mental health as a founder. #ThisIsMAGIC #Inspire #Equip #Amplify #VentureCapital

In 2021, Justin Ziegler co-founded Juicyway to revolutionize global payment infrastructure in emerging economies. Since then, Juicyway has processed over $1 billion, partnering with major corporations like Bolt, IHS, Nigerian Breweries, and Polo Avenue. Before Juicyway, Justin played a pivotal role in Andela's growth from Series A to Series D as its first Chief of Staff. His extensive experience includes negotiating multimillion-dollar contracts for a city development in Southeast Asia and serving on the Board of Directors of the Hong Kong Maritime Museum. A Princeton magna cum laude graduate and former Class President, Justin earned the W. Sanderson Detwiler 1903 Prize for his contributions to his class. He later completed an MBA at Stanford, receiving the prestigious Stanford Impact Fellowship. Justin's journey highlights his dedication to innovation in technology, finance, and social impact. #ThisIsMAGIC #Inspire #Equip #Amplify #VentureCapital

In 2021, Justin Ziegler co-founded Juicyway to revolutionize global payment infrastructure in emerging economies. Since then, Juicyway has processed over $1 billion, partnering with major corporations like Bolt, IHS, Nigerian Breweries, and Polo Avenue. Before Juicyway, Justin played a pivotal role in Andela's growth from Series A to Series D as its first Chief of Staff. His extensive experience includes negotiating multimillion-dollar contracts for a city development in Southeast Asia and serving on the Board of Directors of the Hong Kong Maritime Museum. A Princeton magna cum laude graduate and former Class President, Justin earned the W. Sanderson Detwiler 1903 Prize for his contributions to his class. He later completed an MBA at Stanford, receiving the prestigious Stanford Impact Fellowship. Justin's journey highlights his dedication to innovation in technology, finance, and social impact. #ThisIsMAGIC #Inspire #Equip #Amplify #VentureCapital

Ever heard of a Special Purpose Vehicle? No, it's not a fancy sports car! A SPV is a legal entity created for a specific, often temporary, purpose in venture capital. Think of it as a "deal-by-deal" investment structure. SPVs allow investors to pool capital for a single investment opportunity, typically in a high-potential startup. They offer flexibility, reduced paperwork, and the chance to invest in deals that might otherwise be out of reach. For founders, SPVs can simplify cap tables and potentially bring in strategic investors. For VCs and investors, they're a tool to manage oversubscribed rounds or invest outside their fund's mandate. They're also used to offer co-investment opportunities to limited partners. However, SPVs aren't without challenges. They come with setup costs, potential regulatory hurdles, and require careful management. SPVs have become an important part of venture capital and investment toolkit. They're reshaping how investments are structured, offering new opportunities for investors and access to capital for founders. #ThisIsMAGIC #Inspire #Equip #Amplify #VentureCapital

In 2016, GRIN embarked on a mission to transform the way brands connect with creators. By introducing the first Creator Management platform, GRIN empowered brands to build meaningful partnerships and maximize the effectiveness of their marketing efforts. Today, GRIN remains at the forefront of the industry, continuously evolving to meet the needs of both brands and creators. As GRIN continues to innovate, we can expect even more exciting developments in the future of creator partnerships. #ThisIsMAGIC #Inspire #Equip #Amplify #VentureCapital

Blueberry Pediatrics is changing how families handle their kids' health. By mixing smart tech with on-call doctors, they're making pediatric care easier and cheaper. With millions of unnecessary pediatric ER visits costing billions each year, Blueberry offers a smart solution: a pediatric clinic in every home. Their combination of at-home diagnostic tools and 24/7 access to pediatricians is tackling the gaps in standard telemedicine, potentially saving families from costly ER trips for common childhood illnesses. As healthcare evolves, Blueberry is positioning itself as a leader in pediatric care, offering quality, affordability, and accessibility all at once. #ThisIsMAGIC #Inspire #Equip #Amplify #VentureCapital

Start by connecting with other founders! Our General Partner, Kwamena A. believes in the magic of learning from fellow founders. Their insights and networks can connect you with investors who align with your vision and add significant value to your startup journey. #ThisIsMAGIC #Inspire #Equip #Amplify #VentureCapital

This MAGIC General Partner founded and sold his first company before the age of 18! Tom Chen's journey into the world of startups and investing began with an unexpected source: anime. In 2003, inspired by his love for Naruto, Tom created a fan page that grew to attract over 250,000 daily visitors. Just before turning 18, he received an offer to sell the page—a pivotal moment that marked Tom’s first exit and eventually culminated into his transition to being an investor. Today, Tom leads B2B Software-as-a-Service (SaaS) investments at MAGIC Fund. His expertise stems from over a decade of experience as a software engineer and founder of multiple companies. These ventures include: Slow Rodeo in the consumer brand market and Stitchroom in the home furnishings sector. Tom's technical background and entrepreneurial experience give him a unique perspective on the early-stage tech startup landscape. This makes him a versatile asset in supporting founding teams. Artificial intelligence (AI) is now at the forefront of Tom's investment strategy, but not in the way you’d expect. He believes that as AI becomes more widespread, it’ll unlock a new class of founders that look very different than the archetype we have seen for the last 20 years, ones that are more generalists but are great at selling and building a community. One of Tom's notable investments is Formance, a modular, extensible financial backend. Tom's investment in Formance reflects the paint points he experienced growing one of his own companies. As the company grew, the various ways in which payments were being accepted and sent out started to grow. There was nothing out there that helped tie it all together so he had to build his own in-house solution. These factors align with MAGIC Fund's investment philosophy, which focuses on recognizing market needs, partnering with visionary founders, and believing in technology's ability to improve everyday experiences. Through his work at MAGIC Fund, Tom continues to support innovative startups that leverage technology to solve real-world problems and drive industry transformation. #ThisIsMAGIC #Inspire #Equip #Amplify #VentureCapital

In 2022 it was reported that over 80% of businesses faced at least one cloud security incident every year. Founded in 2020, Operant AI tackles the pressing need for robust protection in the cloud-native era. Their multi-layered approach empowers developers to embed cutting-edge defenses from day one. With their seamless, scalable solution, Operant is transforming the landscape of cloud application security, making them the go-to choice for agile engineering teams worldwide. #ThisIsMAGIC #Inspire #Equip #Amplify #VentureCapital