Magic.dev IPO Tracker
| Stage | Series D+ |
| IPO Status | Pre-IPO |
| Valuation | $5.2B |
| Total Funding | $965M |
| IPO Readiness Score | 53/100 |
Track Magic.dev IPO status, valuation updates, and S-1 filing milestones on TechStackIPO. Last updated August 2026.
Magic.dev IPO status, timeline, valuation and S-1 filing tracker. Last updated August 2026.
| Stage | Series D+ |
| IPO Status | Pre-IPO |
| Valuation | $5.2B |
| Total Funding | $965M |
| IPO Readiness Score | 53/100 |
Track Magic.dev IPO status, valuation updates, and S-1 filing milestones on TechStackIPO. Last updated August 2026.
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.
Magic.dev is in the pre-IPO phase as of August 2026. The company has an IPO readiness score of 53/100, suggesting it may be 1–3 years from a public listing depending on market conditions and internal milestones. Pre-IPO companies at this stage typically evaluate market conditions, complete board appointments, and engage underwriters before initiating the formal S-1 filing process.
Magic.dev is valued at $5.2B based on the most recent private market data. The company has raised a total of $965M in funding. Private market valuations are determined by the latest funding round and may differ from eventual IPO pricing, which reflects public market conditions, investor demand, and comparable company multiples at the time of listing.
Funding rounds from seed through latest — Series A, B, C and beyond.
| Round | Date | Amount | Valuation | Lead Investor(s) |
|---|---|---|---|---|
| Series D | Jun 2026 | $500M | — | — |
Total funding raised: $965M
Bear / base / bull scenarios based on current private market valuation and comparable IPO multiples.
| Scenario | Est. Valuation | Basis |
|---|---|---|
| Bear | $3.9B | Compressed multiples, delayed listing |
| Base | $5.2B | Last private round valuation |
| Bull | $7.3B | Strong market, premium AI/tech multiple |
Estimates are illustrative. Not investment advice. All figures based on publicly available data.
Magic.dev has an IPO readiness score of 53/100 on TechStackIPO. A moderate readiness score suggests the company may be 2–4 years from IPO.
Magic.dev's last known private valuation is $5.2B. IPO valuations typically reflect current market conditions at time of listing and may differ from private market valuations.
Pre-IPO access options may include: (1) secondary market platforms such as Forge Global or EquityZen that facilitate private share sales, (2) ETFs holding pre-IPO companies or venture portfolios, and (3) direct secondary share purchases if eligible as an accredited investor. TechStackIPO tracks availability but does not facilitate investments.
No. Magic.dev has not yet filed an S-1 registration statement with the SEC as of TechStackIPO's latest data update.
Magic.dev is at the Series D+ stage. The company has raised a total of $965M in funding. Companies at this funding stage are typically scaling operations, expanding market share, and evaluating public market timing.