Companies / General Magic
General Magic
General Magic is a fintech AI company based in Toronto, Ontario. It had raised US$8.2M as of November 2026, most recently a US$7.2M venture round in February 2026 led by Radical Ventures.
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generalmagic.inc- Category
- Fintech AI
- Status
- Active
- Disclosed raised
- US$8.2M
Funding history
| Round | Date | Amount | Investors |
|---|---|---|---|
| Venture round | Feb 24, 2026 | US$7.2M | Radical Ventures (lead); a16z speedrun |
| Pre-seed | Jul 24, 2025 | US$1M | a16z speedrun (lead). C$1.36M equity from a16z speedrun on admission to the accelerator cohort; company operated as OpenSesame at the time and later renamed General Magic (covered as General Magic in Issue 3) |
Founders
- Jai Mansukhani, Co-founder/President.
- Anthony Azrak, Co-founder/CEO.
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Sources
Data as of November 10, 2026.