Insights

Strategic pivot Magic Labs is reportedly planning to sell its embedded wallet business to Kraken and rebrand as Newton Labs to focus on Newton Protocol, signaling a potential transition that could create partnership or acquisition opportunities for sales teams seeking adjacent blockchain infrastructure or developer tooling collaborations.

Enterprise adoption The company emphasizes enterprise-grade security and a few lines of code integration for scalable apps, suggesting a strong fit for B2B sales efforts targeting fintech, exchanges, or large SaaS platforms seeking secure Web3 onboarding and non-custodial wallet experiences.

Ecosystem leverage Active partnerships and integrations with Particle Network, Newton Foundation, Kadena, and Kraken indicate a broad, multi-chain and cross-platform ecosystem, presenting upsell opportunities for developers already using their tools to extend capabilities with Magic/Newton VaultKit and related protocols.

Product expansion Recent launches like VaultKit powered by Newton and the push toward programmable compliance through Newton Protocol open avenues to cross-sell governance, compliance, and security tooling to organizations migrating to or expanding on-chain operations.

Financial health With revenue in the tens of millions and substantial funding, Magic Labs has the resources to pursue strategic partnerships, integrator programs, and co-marketing initiatives with exchanges and tooling providers, making a compelling case for enterprise collaboration and reseller arrangements.

Similar companies to Magic Labs

Magic Labs Tech Stack

Magic Labs uses 8 technology products and services including HashiCorp Terraform, jsDelivr, Google Cloud Platform, and more. Explore Magic Labs's tech stack below.

  • HashiCorp Terraform
    Configuration Management
  • jsDelivr
    Content Delivery Network
  • Google Cloud Platform
    Infrastructure As A Service
  • Typeform
    Online Form Builders
  • Kotlin
    Programming Languages
  • Google Sign-In for Websites
    Social Login
  • FastAPI
    Web Frameworks
  • Express.js
    Web Frameworks

Media & News

Magic Labs's Email Address Formats

Magic Labs uses at least 1 format(s):
Magic Labs Email FormatsExamplePercentage
First.Last@magic.linkJohn.Doe@magic.link
49%
First@magic.linkJohn@magic.link
38%
Last@magic.linkDoe@magic.link
12%
FLast@magic.linkJDoe@magic.link
1%

Frequently Asked Questions

What is Magic Labs's stock symbol?

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Magic Labs is a publicly traded company; the company's stock symbol is CALL.

What is Magic Labs's official website and social media links?

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Magic Labs's official website is magic.link and has social profiles on LinkedInCrunchbase.

How much revenue does Magic Labs generate?

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As of July 2026, Magic Labs's annual revenue is estimated to be $25M - $50M.

What is Magic Labs's NAICS code?

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Magic Labs's NAICS code is 5112 - Software Publishers.

How many employees does Magic Labs have currently?

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As of July 2026, Magic Labs has approximately 220 employees across 6 continents, including North AmericaAsiaEurope. Key team members include Chief Executive Officer: S. L.Co-Founder: S. D. R.Owner: Z. E.. Explore Magic Labs's employee directory with LeadIQ.

What industry does Magic Labs belong to?

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Magic Labs operates in the Software Development industry.

What technology does Magic Labs use?

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Magic Labs's tech stack includes HashiCorp TerraformjsDelivrGoogle Cloud PlatformTypeformKotlinGoogle Sign-In for WebsitesFastAPIExpress.js.

What is Magic Labs's email format?

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Magic Labs's email format typically follows the pattern of First.Last@magic.link. Find more Magic Labs email formats with LeadIQ.

How much funding has Magic Labs raised to date?

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As of July 2026, Magic Labs has raised $83M in funding. The last funding round occurred on May 31, 2023 for $52M.

When was Magic Labs founded?

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Magic Labs was founded in 2020.
Magic Labs logo

Magic Labs

Software DevelopmentCalifornia, United States201-500 Employees

Magic Labs develops an SDK that lets companies offer instant web3 wallets with a web2 login, designed to improve user onboarding and conversion within applications. The solution abstracts wallet complexity, removing seed phrases, browser extensions, and downloads from the user experience. It emphasizes enterprise-grade security and reliability to support apps as they scale.

The company is based in San Francisco, California, and operates in the software development industry with a workforce described as mid-sized. In November 2024, Magic Labs launched Newton, a cross-chain network aimed at unifying blockchain ecosystems.

Section iconCompany Overview

Website
magic.link
Stock Symbol
CALL
NAICS Code
5112 - Software Publishers
Founded
2020
Employees
201-500

Section iconFunding & Financials

  • $83M

    Magic Labs has raised a total of $83M of funding over 4 rounds. Their latest funding round was raised on May 31, 2023 in the amount of $52Mas a series_b.

  • $25M - $50M

    Magic Labs's revenue is estimated to be in the range of $25M - $50M

Section iconFunding & Financials

  • $83M

    Magic Labs has raised a total of $83M of funding over 4 rounds. Their latest funding round was raised on May 31, 2023 in the amount of $52Mas a series_b.

  • $25M - $50M

    Magic Labs's revenue is estimated to be in the range of $25M - $50M

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