Insights

Healthcare AI traction Magical specializes in deploying AI agents to automate operational work across healthcare systems, indicating strong cross-sell potential to hospitals and health networks seeking workflow automation and revenue cycle optimization.

Impressive growth signals Revenue reported in the multi-million range with a recent $41M funding round and a June 2024 revenue milestone suggesting scale and deployment capabilities that can support larger deals and enterprise SKUs.

KLAS endorsement An A+ grade in the KLAS Emerging Company Spotlight signals credible customer satisfaction and market validation, which can be leveraged to accelerate procurement conversations with healthcare CIOs and IT leaders.

Tech stack fit Established cloud and enterprise tooling including AWS, Salesforce, Google Workspace, and ELK stack align with typical healthcare IT ecosystems, enabling smoother integrations and lower buyer risk for potential deployments.

Expansion readiness Recent product expansion with Teams in Magical and a scalable platform implied by Series A and broad revenue, suggesting opportunities for partnerships, co-selling, and expansion into adjacent healthcare segments or regional markets.

Similar companies to Magical

Magical Tech Stack

Magical uses 8 technology products and services including Google Ads, Linkedin Insight Tag, Microsoft Clarity, and more. Explore Magical's tech stack below.

Magical's Email Address Formats

Magical uses at least 2 email formats:
Magical Email FormatsExamplePercentage
First@getmagical.comJohn@getmagical.com
96%
First.Last@getmagical.comJohn.Doe@getmagical.com
4%

Frequently Asked Questions

What is Magical's official website and social media links?

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Magical's official website is getmagical.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does Magical generate?

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As of October 2026, Magical's annual revenue is estimated to be $250M - $500M.

What is Magical's NAICS code?

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Magical's NAICS code is 5112 - Software Publishers.

How many employees does Magical have currently?

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As of October 2026, Magical has approximately 132 employees across 6 continents, including North America, Asia and Europe. Key team members include Head Of Engineering: L. W., Co-Founder: P. V. and Owner: R. S. Explore Magical's employee directory with LeadIQ.

What industry does Magical belong to?

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Magical operates in the Software Development industry.

What technology does Magical use?

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Magical's tech stack includes Google Ads, Linkedin Insight Tag, Microsoft Clarity, Amazon Web Services, Salesforce, Elastic stack (ELK), Google Workspace and GitLab.

What is Magical's email format?

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Magical's email format typically follows the pattern of First@getmagical.com. Find more Magical email formats with LeadIQ.

How much funding has Magical raised to date?

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As of October 2026, Magical has raised $41M in funding. The last funding round occurred on Jun 06, 2022 for $35M.

When was Magical founded?

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Magical was founded in 2020.
Magical logo

Magical

Software DevelopmentCalifornia, United States51-200 Employees

Magical is a software development firm based in San Francisco, California, focused on automating operational work within healthcare systems. It develops AI-driven agents that perform real-world tasks across patient access and revenue cycle, enabling automated handling of the daily workflows managed by healthcare teams.

Its target market includes healthcare providers and health system organizations seeking to streamline operations and reduce manual work. In February 2023, Magical announced Teams in Magical, reflecting an expansion of its product capabilities.

Section iconCompany Overview

NAICS Code
5112 - Software Publishers
Founded
2020
Employees
51-200

Section iconFunding & Financials

  • $41M

    Magical has raised a total of $41M of funding over 2 rounds. Their latest funding round was raised on Jun 06, 2022 in the amount of $35M as a Series A.

  • $250M - $500M

    Magical's revenue is estimated to be in the range of $250M - $500M

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