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Magic Ai Secures $2.5M To Offer Personal Training With Sports Superstars

Jul 21, 2023•about 2 years ago

Amount Raised

$2.5 Million

Round Type

seed

LondonFitnessWellness

Investors

Coo Of Citigroup Cameron DickSignal Ai Co Founder Miguel MartinezJust Park Ceo Anthony EskinaziRichard BransonSfc CapitalFasanara Capital

Description

MAGIC AI, an innovative AI personal trainer, has announced a $2.5 million investment led by Fasanara Capital. SFC Capital have also invested along with a who’s who of British angel investors, including Richard Branson, JustPark CEO Anthony Eskinazi, Signal AI co-founder Miguel Martinez, and COO of Citigroup Cameron Dick. The company will use the funding to launch their fitness product across the UK.

Company Information

Company

Magic AI

Location

London, England, United Kingdom

About

MAGIC is the first in the world to allow users to perform exercises in front of an intelligent hologram mirror which uses our own custom computer vision software to correct real-time form, rep count, and give live feedback to give a completely hyper-personalised workout. We have combined this with our patent-pending dumbbells and co-created workout content with the world's leading athletes.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers