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Future UnicornšŸ¦„ #213: Magic

Magical virtual assistants

The Quild Future Unicorn highlights one future of work early-stage startup with statistically significant signals of becoming a unicorn.

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Magic is a frictionless way to plug in thoroughly vetted, cost-effective remote workers, to help scale key business functions. Through a combination of automation and active work, Magic taps into their network of vetted remote workers who handle tasks from virtual assistance and customer service to sales lead generation and scheduling across various team membersā€”like magic.

Active founders: Mike, Nic, Michael, Aaron

Signals:

  1. Repeat exited founders

    1. Mike founded Bettir and Made in Space, which was acquired by Redwire Space

    2. Aaron founded Made in Space

    3. Nic founded Bettir, an iPhone app to measure blood pressure

  2. Top investors

    1. Sequoia led series A

    2. Slow Ventures invested in series A

    3. SV Angel invested in pre-seed

  3. Top university alumni

    1. Aaron graduated from University of Florida

As a Filipino, excited to see Magic building a future unicorn with Philippine talent. 

Favorite restaurant at the moment: Ilcha, a modern Korean restaurant. The cured shrimp and fried chicken are divine. The hotpots are amazing too.