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Magic.dev develops advanced code generation models that act as virtual coworkers for software developers. These models are designed to understand and generate code, streamlining the software development process. Unlike traditional coding tools that only assist, Magic.dev's technology collaborates with programmers, enhancing their productivity. The company differentiates itself by focusing on proprietary AI models that require extensive research and development, utilizing complex architectures and large datasets. Magic.dev's goal is to provide sophisticated coding solutions through a subscription or licensing model, allowing clients to integrate their technology into existing systems and improve coding efficiency.
Company Stage
Series B
Employees
11-50
Industries
Enterprise Software, AI & Machine Learning
Total Funding
$145.3M
Headquarters
N/A
Founded
2022
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