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M

Magma

Digital Art and Technology ~260 employees
Founded
--
Employees (Est.)
~260
13 leaders known
Total Funding
$5.0M
Funding Rounds
1
Last Funding
2023-12-12

About Magma

Magma is a collaborative drawing website where artists can paint together on a shared canvas, chat, and sketch with friends online. It aims to connect over 2 million digital artists worldwide, enabling them to create art, host or join fan art events, and build a creative community.

Products & Services

Collaborative Drawing Platform:A web-based platform for artists to draw together on a shared canvas, chat, and collaborate in real-time.
For Studios:Tailored solutions or services for professional studios, with options to request a demo.

Specialties

Collaborative Drawing Online Art Community Real-time Sketching

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Seed
T: -
FT: Seed 		A: 5000000
MR: -
FA: $5M
FAN: 5000000 		D: 2023-12-12
FD: 2023-12-12 		8 investors
Seed Latest
2023-12-12
$5.0M
8 investors (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

R

Radek

Engineering

S

Sung Yat

Product

P

Pawel

Engineering

M

Marta

Design

A

Alice

Support and Community

F

Filip

Engineering

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Recent News

Magma Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Website
magma.com
Industries
Digital Art and Technology
Company Size
~260 employees (est.)

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Technology Stack

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