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Magic AI

AI code generation company developing autonomous software agents

Code GenerationFounded 2022

Updated May 29, 2026

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Company profile

What is Magic AI?

Magic AI is developing an autonomous AI software engineer capable of building and maintaining software without human intervention. The company aims to revolutionize software development by creating an AI that can understand requirements, write code, debug, and deploy, effectively automating the entire software engineering process.

Company research

Data as of May 29, 2026

No company research is published for this company yet. All research →

Latest company data

Updated 8h ago

Primary data point

Hacker News

6/30d

Position #11 in category discussion

About Magic AI

Magic AI is developing an autonomous AI software engineer capable of building and maintaining software without human intervention. The company aims to revolutionize software development by creating an AI that can understand requirements, write code, debug, and deploy, effectively automating the entire software engineering process.

FoundersEric Steinberger, Sidney Steinberger

Funding

$145M · 3 rounds

Raised $145M total.

Series B2024

NFDG Ventures

$117M
Series A2023

CapitalG

$23M
Seed2023

Amplify Partners

$5M

Investors

Amplify PartnersCapitalGNFDG Ventures