Jobs at Magic

Recomputed daily from public data: capital freshness (0-35) + hiring velocity (0-30) + pay transparency (0-20) + employer rating (0-15; unrated scores the neutral 7), minus up to 10 for documented headwinds (lawsuits, layoffs, leadership churn). Transparent formula, not investment or career advice.

465Mtotal raised

$320M round, 2024last round

Growthstage

51-200team size

San FranciscoHQ

2022founded

~109headcount (as of 2026-04)

Founders: Eric Steinberger (AI researcher, previously at Meta AI; CEO) · Sebastian De Ro (co-founder)

Backed by: Eric Schmidt, CapitalG, Sequoia, Atlassian, Jane Street, Nat Friedman

Signals

100M-token context research (LTM-2-mini); no widely released product; ~110 employees, no new round since 2024

In the news

How Home Depot’s AI Magic Apron Rollout and Capital Moves Will Impact Home Depot (HD) Investors Yahoo Finance · 2026-09-05

How AI-Powered Magic Apron And New Equity Shelf At Home Depot (HD) Have Changed Its Investment Story simplywall.st · 2026-09-05

Can Home Depot’s AI actually help you find what you need in-store? SFGATE · 2026-09-03

Here's why old-school San Jose barber Taiyadi 'Magic' Day is now teaching robots to cut hair with AI by Instawork Robotics ABC7 Bay Area · 2026-08-29

Auto-pulled from Google News, refreshed daily; headlines belong to their publishers

Culture read

Scale-up: teams forming, still founder-visible.

Indicative read from public signals, not insider info

Momentum index 45/100 = capital freshness (0-35) + hiring velocity (0-30) + comp transparency (0-20) + workplace rating (0-15), minus documented headwinds. Recomputed daily; not investment or career advice.