Overview
General Magic, a Toronto-based AI company focused on insurance workflows, has raised an oversubscribed $7.2 million seed round to develop its SMS-native AI agents. The financing was led by Radical Ventures, with participation from a16z Speedrun and notable investors including Brendan O'Driscoll from Figma and Larry James Erwin from OpenAI. To date, the company has raised $8.4 million.
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Investors: Radical Ventures, a16z Speedrun, Brendan O'Driscoll, Larry James Erwin
General Magic, a Toronto-based AI company focused on insurance workflows, has raised an oversubscribed $7.2 million seed round to develop its SMS-native AI agents. The financing was led by Radical Ventures, with participation from a16z Speedrun and notable investors including Brendan O'Driscoll from Figma and Larry James Erwin from OpenAI. To date, the company has raised $8.4 million.