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MAGIC Fund

Early-stage venture capital fund built by founders for founders.

Los Angeles, CA, USA

Description

MAGIC Fund is an early‑stage venture capital fund focused on backing exceptional technical founders at the idea, pre‑seed, and seed stages. The fund is known for investing very early in software‑driven startups, often before significant traction, with a strong emphasis on founder quality, engineering talent, and long‑term ambition. MAGIC Fund positions itself as founder‑friendly and collaborative, frequently co‑investing with other early‑stage funds and angels across the U.S. tech ecosystem.

Eligibility

• Early‑stage startups (idea to seed).
• Strong technical or product‑driven founding teams.
• Scalable software or technology‑enabled business models.
• No rigid geography or revenue requirements publicly stated.

Process

Deal Sourcing: Warm introductions, founder outreach, referrals from operators and investors, and inbound interest.
Evaluation: Founder capability, technical differentiation, market potential, and early product signals.
Term Negotiation: Deal‑by‑deal negotiation aligned with the broader round.
Investment & Support: Capital investment plus lightweight support, feedback, and network access.

What an Applicant can Obtain

✔ Early‑stage capital with flexible, founder‑friendly terms.
✔ Credibility and signaling for future fundraising.
✔ Access to a network of engineers, founders, and early‑stage investors.
✔ Strategic input without heavy operational overhead.