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Magfi: Funding, Investors & Team (Sep 2026)

Magfi Ads allows you to target messaging groups on popular platforms like Telegram, Discord, and WhatsApp (Beta) that have a combined user base of over 3 billion people. You can launch ads in multiple communities at the same time and monitor their performance, making it the only advertising technology of its kind.

magfi.co LinkedIn Istanbul, Turkey 11-50 employees
Digital Marketing Marketing Mobile Apps SaaS Social Media Software B2C
Total raised
$1.1M
Rounds
1
Latest
Seed
Sep 2024

Magfi has raised $1.1M across 1 funding round on record, the most recent a Seed of $1.1M announced in Sep 2024.

That round is below the $4.1M median round size for Apps companies tracked on FundedIQ over the last two years.

Magfi Company Profile and Key Stats

Total funding raised
$1.1M
across 1 round on record
Funding rounds on record
1
Latest funding round
Seed
$1.1M in Sep 2024
Employees
11-50
reported band
Headquarters
Istanbul, Turkey

Latest funding round on record: Sep 2024.

Magfi Funding Rounds

Date
Round
Amount
Seed
$1.1M

Magfi Founders and Leadership Team

Name
Role
Contact
Mustafa Fikret Ugur
Founder
Locked

Contact details for the Magfi team: 1 of 1 has an email address on file.

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Magfi Funding Compared to Other Apps Startups

Segment
Companies
Median round
2,426
$4.1M
385
$1.3M
16,485
$3.1M

Magfi's latest round of $1.1M is below the median round in Apps. Medians cover the last 24 months of disclosed rounds.

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Magfi Funding FAQs

What does Magfi do?

Magfi Ads allows you to target messaging groups on popular platforms like Telegram, Discord, and WhatsApp (Beta) that have a combined user base of over 3 billion people. You can launch ads in multiple communities at the same time and monitor their performance, making it the only advertising technology of its kind.

How much funding has Magfi raised?

Magfi has raised $1.1M across 1 round on record. The most recent is a Seed of $1.1M announced in Sep 2024.

When did Magfi last raise funding?

Magfi's most recent funding round on record is a Seed of $1.1M, announced in Sep 2024.

Who founded Magfi?

FundedIQ lists Mustafa Fikret Ugur (Founder) at Magfi.

Where is Magfi headquartered?

Magfi is based in Istanbul, Turkey.

How many employees does Magfi have?

Magfi is in the 11-50 employee band.

How does Magfi's funding compare to other Apps startups?

Magfi's latest round of $1.1M is below the $4.1M median round size for Apps companies on FundedIQ across 2,426 tracked companies over the last two years.

About FundedIQ's Magfi Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Magfi is left off this page rather than filled in.

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