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

“CIOs Need to Know that ‘AI Magic’ Is Not the Answer to Driving Measurable Business Outcomes,” According to IBM’s VP of AI First Transformat Yahoo Finance · 2026-07-22

Magic Leap to lay off 193 employees after ‘pivot’ to supplier role for makers of AI glasses Sun Sentinel · 2026-07-21

Magic Leap Cuts Nearly 200 Jobs as AR Pioneer Pivots Into Waveguide Supplier Road to VR · 2026-07-20

8+ things to know in #MiamiTech: News from Misfit Labs, Magic Leap, Citadel Securities, Ted Miller Group, Cast AI, open jobs & catch up on w Refresh Miami · 2026-07-17

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.