Side-by-side IPO readiness, funding history, and valuation comparison. Data sourced by TechStackIPO.
| Metric | Magic.dev | Shein |
|---|---|---|
| Total funding | $1.1B | $5.2B |
| Latest round | Series E | Series G |
| Amount | $135M | $2B |
| Date | Sep 2026 | Nov 2023 |
| Valuation | Undisclosed | $66B |
| Lead investors | Undisclosed | General Atlantic, Sequoia China |
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Magic.dev builds AI-powered software development tools enabling developers to describe features in natural language and have working code generated, reviewed, and debugged automatically. Valued at $1B with $150M raised, Magic.dev competes with GitHub Copilot, Cursor, and Poolside in the AI coding assistance market. Major AI dev tools IPO candidate as AI-powered development tools become the standard environment for every software engineering team globally.
| Stage | Series D+ |
| IPO Status | Pre-IPO |
| Valuation | $5.5B |
| Total Funding | $1.1B |
Shein is the world's largest fast fashion company, valued at $66B with $5.2B raised. Track IPO readiness score, funding history, and public market timeline.
| Industry | E-Commerce |
| Stage | Pre-IPO |
| IPO Status | Pre-IPO |
| Valuation | $30-50B |
| Total Funding | $5.2B |
| Headquarters | Singapore |
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Magic.dev is valued at $5.5B. Shein is valued at $30-50B. Both figures are based on the most recent funding rounds tracked by TechStackIPO.
Magic.dev is currently pre-IPO. Shein filed an S-1 in June 2026 and is actively in the IPO pipeline. Track both companies on TechStackIPO for S-1 filings, roadshow announcements, and IPO date updates.
Magic.dev has raised $1.1B. Shein has raised $5.2B.
Magic.dev operates in an undisclosed sector, while Shein operates in E-Commerce.
Magic.dev is a private tech company valued at $5.5B with $1.1B raised. Shein is a E-Commerce company valued at $30-50B with $5.2B raised. See TechStackIPO's full side-by-side comparison for IPO readiness scores, funding timelines, and investor access options.
Accredited investors can access pre-IPO shares in Magic.dev and Shein through secondary market platforms, pre-IPO funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace section tracks available access options for both companies. Pre-IPO investments carry higher risk and limited liquidity.