Company

Magic Labs, Inc.

Magic Labs, Inc., based in San Francisco, provides wallet abstraction software, including embedded and API wallets for blockchain apps.

About

Founded in 2018 and headquartered in San Francisco, US, Magic Labs, Inc. provides wallet abstraction solutions that simplify how users interact with decentralized applications. Its embedded and API wallets are used by developers, enterprises, and consumers, and its newer Newton product supports transactions across multiple chains. Revenue comes from subscriptions and partnerships with developers and enterprises. In May 2023 the company completed a USD 52.00 mn Series B led by PayPal Ventures, with Cherubic Ventures, Kx Technology Fund, Northzone, Synchrony Ventures, and Volt Capital participating.

3Funding rounds

15Investors

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