Magic
Magic provides dedicated remote human virtual assistants augmented with AI tools, serving founders, executives, e-commerce operators, and growing teams across North America, Europe, and Australia on a weekly subscription model.
- Company typePrivate
- Founded2016
- HeadquartersWilmington, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Magic does
Magic is a virtual assistant staffing agency founded in 2015 and headquartered in Wilmington, Delaware (Magic, Inc., incorporated in Delaware). The company provides dedicated, remote human executive assistants and role-specialized virtual assistants to founders, executives, e-commerce operators, logistics providers, non-profits, software companies, professional services firms, and other growing businesses. Clients include marquee enterprises such as OpenAI, Google, Microsoft, and GitLab, as well as venture capital firms (Sequoia Capital) and startup accelerators (Y Combinator); the company operates commercially across the United States, Canada, the United Kingdom, and Australia, while sourcing its assistants primarily from the Philippines. Magic reports 2 million-plus tasks completed in the current year, 750,000-plus candidates interviewed, and an acceptance rate of the top 0.5%.
Magic's technology stack combines a proprietary human-curated matching system with an AI augmentation layer. Magic Match interviews, tests, and trains assistants from the vetted candidate pool, using human-reviewed pairing rather than algorithmic matching. Magic AI provides every assistant with paid access to leading third-party large language models and AI tools to streamline client workflows. Magic 24/7 is a hybrid concierge service in which an AI front-end replies immediately to user requests and escalates to human assistants for tasks requiring real-world completion. Supporting platform features include Magic Vault (secure credential and document sharing), virtual credit cards (protected payments), automated payroll and tax management, and hours tracking. Despite this AI tooling, Magic explicitly positions itself as a "human, not AI" service, with AI functioning as a productivity amplifier for human assistants rather than a substitute.
Magic operates on a subscription-based pricing model with weekly billing, no upfront fees, and a "$0 until you hire" risk-free trial that reduces customer friction. Clients pay for a dedicated full-time assistant working 40 hours per week; the company claims approximately 50% cost savings (~$30,000 annually per assistant) versus in-house US hiring. Go-to-market blends sales-led enterprise engagement, inside sales consultations, and self-serve onboarding, supported by content marketing (blog, eBooks, ROI calculator), SEO, HubSpot-driven email automation, Twitter/X social proof, a referral program ("Refer Magic, Get 4 Weeks Free"), and paid display advertising. Magic has raised approximately $12.1 million in disclosed funding, including a $120,000 Y Combinator seed in 2014 and a $12 million Series A led by Sequoia Capital in March 2015, with a more recent (2023) investment from Gaingels at an undisclosed amount.
Magic firmographics
Firmographics- Name
- Magic
- Legal name
- Magic, Inc.
- Website
- https://getmagic.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Magic provides dedicated remote human virtual assistants augmented with AI tools, serving founders, executives, e-commerce operators, and growing teams across North America, Europe, and Australia on a weekly subscription model.
- Ownership category
- akta.pro rank
Magic industry classification
Industry- Product category
- Virtual Assistant Services
- NAICS
- Telephone Call Centers (56142), Private Households (8141)
- SIC
- Services-Help Supply Services (7363), Services-Facilities Support Management Services (8744)
- akta.pro primary industry
- General Personal Concierge Services (HSACAIAA)
- akta.pro secondary industries
- Errand Running & Task Assistance (HSACAIAB), Workplace Automation & Self-Service (RPA for IT, Chatbots, Virtual Agents) (BPAEAIAI)
Keywords
Where Magic is headquartered
LocationHeadquarters
- HQ city
- Wilmington
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Magic business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Virtual Assistant Subscription Services: Magic generates revenue through subscription-based pricing for dedicated virtual assistants. Clients pay for a full-time virtual assistant who works 40 hours per week. The model includes weekly billing with no long-term commitments or hiring fees. The company claims to save clients $30k yearly per assistant compared to in-house hiring.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Weekly | Full-time Virtual Assistant |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels8 records
Magic product offering
Product offeringCore offering
Magic provides dedicated, full-time remote human virtual assistants—primarily executive assistants, plus specialized customer support, ecommerce, logistics, accounting, and admin assistants—augmented with proprietary AI tools. The company handles all hiring, training, payroll, and management of the assistants, and offers a 24/7 hybrid AI-plus-human concierge for after-hours coverage. Clients subscribe to a dedicated assistant (40 hours/week) with no upfront fees and weekly billing.
Product overview
Magic is a human virtual assistant staffing platform that provides dedicated remote executive assistants augmented with AI capabilities. The core offering is the Executive Assistant, backed by Magic Match (Magic's curated talent-matching system), Magic AI (assistant access to top LLMs and AI tools), Magic 24/7 (round-the-clock hybrid AI-plus-human concierge), and platform infrastructure including Magic Vault (secure info sharing), Virtual Credit Cards, Automated Payroll, and Hours Tracking. The platform operates on a per-assistant subscription model with no upfront fees and weekly billing. Role-specific product variants include Customer Support Assistant, Virtual Assistant, Admin Assistant, Ecommerce Assistant, Transportation & Logistics Assistant, Warehousing Assistant, Media Assistant, Non-Profit Assistant, Construction Assistant, Software Services Assistant, and Accounting Support Assistant — each trained and matched for their respective industry or function.
Differentiator
Problem solved
Functional benefit
Brands
- Magic 24/7: 24/7 concierge assistant service combining AI and human assistants for round-the-clock support.
- Magic AI
- Magic Match
Products and services
- Executive Assistant
- Magic 24/7 Assistant
- Magic AI
- Customer Support Assistant
- Virtual Assistant
- Admin Assistant
- Ecommerce Assistant
- Transportation & Logistics Assistant
- Warehousing Assistant
- Media Assistant
- Non-Profit Assistant
- Construction Assistant
- Software Services Assistant
- Accounting Support Assistant
Quantifiable outcome
- Saves $30,000 yearly per assistant compared to in-house hiring
- +4 more outcomes
Companies that use Magic
Customer profileNamed customers6 records
Segments10 records
Ideal customer profiles5 records
Magic technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability6 records
Feature6 records
Magic partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and supporting.
- Philippines-based Talent SourcescoreMagic sources its virtual assistants primarily from the Philippines, which they describe as one of the world's top emerging markets for remote talent. This is a core sourcing partnership that enables the company's value proposition of high-quality, cost-effective assistance.
- Technology Integration PartnerssupportingThe company integrates with various technology platforms including Google Workspace, Slack, CRM systems (HubSpot), project management tools (Notion, Asana, Trello), eCommerce platforms (Shopify, WooCommerce, Amazon), and helpdesk tools (Zendesk, Gorgias, Intercom).
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Magic competitors and assessment
Company assessmentBroad incumbents
- Upwork: Upwork is the largest freelance marketplace connecting businesses to remote talent including VAs. It competes with Magic at the procurement layer for clients who choose marketplace sourcing over Magic's curated, managed placement.
- Fiverr: Fiverr is a global freelance services marketplace with a large virtual assistant category. It offers a transactional alternative to Magic's subscription dedicated-VA model, especially for SMB and one-off task buyers.
Regional players
- OnlineJobs.ph: OnlineJobs.ph is a Philippines-based marketplace for hiring Filipino virtual workers. As Magic's primary talent-sourcing geography, it represents a lower-cost, self-serve alternative that Magic's value proposition must overcome.
Direct peers
- Zirtual: Zirtual is a US-based dedicated virtual assistant service targeting entrepreneurs and executives. Its flat-rate subscription dedicated-VA model overlaps directly with Magic's Executive Assistant product.
- BELAY: BELAY is a US-based virtual staffing firm offering dedicated virtual assistants, bookkeepers, and social media managers on a subscription basis. It is the closest direct competitor to Magic's dedicated-VA model serving founders and executives.
- Time Etc: Time Etc is a US/UK virtual assistant agency providing matched, dedicated remote assistants to entrepreneurs and small businesses. Its subscription-based dedicated-VA offering directly mirrors Magic's Executive Assistant product.
- Boldly: Boldly (formerly eaHelp) is a premium virtual assistant staffing agency specializing in long-term placements of US-based executive assistants. It competes with Magic for executive-level administrative support engagements.
- Prialto: Prialto provides dedicated virtual assistants supported by a managed service layer (training, backup, supervision) primarily sourced from the Philippines. Its hybrid managed-staffing model is highly comparable to Magic's offering.
- Wing (by Baringa): Wing is a dedicated virtual assistant service offering matched remote VAs augmented with proprietary software tooling. Its combination of human VA delivery and in-house product tooling closely parallels Magic's Magic AI / Magic Match stack.
Emerging players
- Smith.ai: Smith.ai combines AI-driven call handling with live virtual receptionists and chat agents. It competes with Magic's customer support and 24/7 concierge offerings in the SMB segment.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Magic social profiles
Digital presenceMagic financial estimates
Financial estimateRevenue estimate
Valuation estimate
Magic leadership team
Management profileNumber of profiles
Profiles6 records
Magic funding detail
Funding detailFunding overview
Funding rounds3 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Magic M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Magic
What does Magic do?
Magic provides dedicated, full-time remote human virtual assistants—primarily executive assistants, plus specialized customer support, ecommerce, logistics, accounting, and admin assistants—augmented with proprietary AI tools. The company handles all hiring, training, payroll, and management of the assistants, and offers a 24/7 hybrid AI-plus-human concierge for after-hours coverage. Clients subscribe to a dedicated assistant (40 hours/week) with no upfront fees and weekly billing.
Is Magic a public or private company?
Magic is a private company. It is classified as venture growth investor backed and is currently operating.
When was Magic founded?
Magic was founded in 2016. It employs 251 to 500 people.
Where is Magic based?
Magic is headquartered in Wilmington, United States, in the North America region.
How does Magic make money?
One revenue line is on record: virtual Assistant Subscription Services.
Who are Magic's main competitors?
Broad incumbents on record are Upwork and Fiverr. OnlineJobs.ph is listed as a regional player. Direct peers are Zirtual, BELAY, Time Etc, Boldly, Prialto and Wing (by Baringa). Smith.ai is listed as an emerging player.
Does Magic have an API?
No public API is recorded for Magic.
What industry is Magic in?
Magic's product category is Virtual Assistant Services. Its primary akta.pro industry code is HSACAIAA, General Personal Concierge Services, with a secondary code of HSACAIAB, Errand Running & Task Assistance. Its NAICS code is 56142 and its SIC code is 7363.