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Magic ID - Pre-Seed
Overview
Funding Date
November 21, 2023
Financing amount
$0.38M
Valuation
--
Catagory
Subcategory
About Magic ID - Pre-Seed
London-based Magic ID, a platform facilitating trust between businesses and individuals without prior acquaintance, has secured €350K (about $380K) in a pre-seed round of funding. The investment was led by SFC Capital and Presto Ventures.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Unknown | -- | 1 | -- | ||
| Fund | Czechia | 2016 | 2 | hello@prestoventures.com |
Founders & Team
Thanasis Mandaltsis
Aariffa Hajamaideen
Company Profile / Project Introduction
Founded in 2023 by Thanasis Mandaltsis and Aariffa Hajamaideen, Magic ID is a digital identity assistant linking businesses and individuals seeking mutual trust without requiring prior acquaintance. Magic ID is a GDPR-compliant identity network designed to facilitate the exchange of identity verification credentials among organisations while adhering to data protection regulations.