Tech Company Financing Transactions

General Magic Funding Round

Radical Ventures, Andreessen Horowitz and private investors invested in a $7.2 million Seed venture round for General Magic. The round was recorded on 2/24/2026.

Transaction Overview

Company Name
Announced On
2/24/2026
Transaction Type
Venture Equity
Amount
$7,200,000
Round
Seed
Investors

Radical Ventures (Lead Investor)

Andreessen Horowitz

private investors (Brendan O'Driscoll)

private investors (Larry Erwin)

Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
20 Maud St 402
Toronto, ON, M5V 2M5
Canada
Phone
Undisclosed
Email Address
Overview
We're the fastest way for insurers to deploy AI-native interfaces across their product stack. With our agent Cell, insurance companies can launch AI agents that customers and employees can talk to directly over SMS, or inside existing quoting software. These agents sit on top of quoting, policy, claims, and CRM systems and help people get things done through natural language.
Profile
General Magic LinkedIn Company Profile
Social Media
General Magic Company Twitter Account
Company News
General Magic News
Facebook
General Magic on Facebook
YouTube
General Magic on YouTube

Management Team

Title
Name
Email & Social
President
Jai Mansukhani
  Jai Mansukhani LinkedIn Profile  Jai Mansukhani Twitter Account  Jai Mansukhani News  Jai Mansukhani on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/24/2026: Axelera venture capital transaction
Next: 2/24/2026: Circadian Risk venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary