FundedIQ
Software Development

Magma: Funding, Investors & Team (Aug 2026)

Magma collaborates with a range of businesses operating in different sectors such as game development, animation, filmmaking, webcomics, artistic events, art education, and various other creative studios.

magma.com/index LinkedIn Austin, United States 11-50 employees
Collaboration Software B2B
Total raised
$5.0M
Rounds
1
Latest
Seed
Dec 2023

Magma has raised $5.0M across 1 funding round on record, the most recent a Seed of $5.0M announced in Dec 2023.

That round is above the $3.0M median round size for Software Development companies tracked on FundedIQ over the last two years.

Magma Company Profile and Key Stats

Total funding raised
$5.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Seed
$5.0M in Dec 2023
Employees
11-50
reported band
Headquarters
Austin, United States

Latest funding round on record: Dec 2023.

Magma Funding Rounds

Date
Round
Amount
Seed
$5.0M

Magma Founders and Leadership Team

Name
Role
Contact
Jake Warner
CEO

No contact details are on record for this team yet.

Magma Funding Compared to Other Software Development Startups

Segment
Companies
Median round
29,722
$7.5M
16,485
$3.1M

Magma's latest round of $5.0M is above the median round in Software Development. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Magma in Software Development and Austin

Companies Similar to Magma

Magma Funding FAQs

What does Magma do?

Magma collaborates with a range of businesses operating in different sectors such as game development, animation, filmmaking, webcomics, artistic events, art education, and various other creative studios.

How much funding has Magma raised?

Magma has raised $5.0M across 1 round on record. The most recent is a Seed of $5.0M announced in Dec 2023.

When did Magma last raise funding?

Magma's most recent funding round on record is a Seed of $5.0M, announced in Dec 2023.

Who is the CEO of Magma?

Jake Warner is listed as CEO at Magma.

Where is Magma headquartered?

Magma is based in Austin, Texas, United States.

How many employees does Magma have?

Magma is in the 11-50 employee band.

How does Magma's funding compare to other Software Development startups?

Magma's latest round of $5.0M is above the $3.0M median round size for Software Development companies on FundedIQ across 228 tracked companies over the last two years.

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

14-day free trial · Cancel anytime

Know who just raised. Then know who to reach.

Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.

Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.