FundedIQ
Commerce and Shopping

Magic Eden: Funding, Investors & Team (Aug 2026)

Sorcery Eden is a local area driven organization. We endeavor to be responsive, near the ground, and in support of the wellbeing of our assortments. To demonstrate our obligation to the local area, we airdropped Magic Ticket, our own assortment, to more than 30,000 clients. Holding a Magic Ticket gives holders admittance to our strife based DAO, MagicDAO, where we convey interconnectivity through friendly projects and prizes to the local area.

www.magiceden.io LinkedIn San Francisco, United States 101-250 employees
Cryptocurrency Internet Marketplace
Total raised
$167M
Rounds
3
Latest
Undisclosed round
Dec 2022

Magic Eden has raised $167M across 3 funding rounds on record, the most recent an undisclosed round of $10.0M announced in Dec 2022.

That round is above the $3.4M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.

Magic Eden Company Profile and Key Stats

Total funding raised
$167M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Undisclosed round
$10.0M in Dec 2022
Employees
101-250
reported band
Headquarters
San Francisco, United States

Latest funding round on record: Dec 2022.

Magic Eden Funding Rounds

Date
Round
Amount
Undisclosed round
$10.0M
Series B
$130M
Series A
$27.0M

Magic Eden raised $27.0M in a Series A announced in Mar 2022.

3 months later, a Series B of $130M was announced in Jun 2022.

6 months later, an undisclosed round of $10.0M was announced in Dec 2022.

Magic Eden Founders and Leadership Team

Name
Role
Contact
Sidney Zhang
Founder
Locked
Zhuoxun Yin
Founder
Jack Lu
CEO
Locked

Contact details for the Magic Eden team: 2 of 3 have an email address on file.

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Magic Eden Funding Compared to Other Commerce and Shopping Startups

Segment
Companies
Median round

Magic Eden's latest round of $10.0M is above the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.

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Magic Eden Funding FAQs

What does Magic Eden do?

Sorcery Eden is a local area driven organization. We endeavor to be responsive, near the ground, and in support of the wellbeing of our assortments. To demonstrate our obligation to the local area, we airdropped Magic Ticket, our own assortment, to more than 30,000 clients. Holding a Magic Ticket gives holders admittance to our strife based DAO, MagicDAO, where we convey interconnectivity through friendly projects and prizes to the local area.

How much funding has Magic Eden raised?

Magic Eden has raised $167M across 3 rounds on record. The most recent is an undisclosed round of $10.0M announced in Dec 2022.

When did Magic Eden last raise funding?

Magic Eden's most recent funding round on record is an undisclosed round of $10.0M, announced in Dec 2022.

Who founded Magic Eden?

FundedIQ lists Sidney Zhang (Founder), Zhuoxun Yin (Founder) at Magic Eden.

Who is the CEO of Magic Eden?

Jack Lu is listed as CEO at Magic Eden.

Where is Magic Eden headquartered?

Magic Eden is based in San Francisco, California, United States.

How many employees does Magic Eden have?

Magic Eden is in the 101-250 employee band.

How does Magic Eden's funding compare to other Commerce and Shopping startups?

Magic Eden's latest round of $10.0M is above the $3.4M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.

About FundedIQ's Magic Eden 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 Magic Eden is left off this page rather than filled in.

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