How Much Did Magic Services Inc. Raise?
Funding & Key Investors

Magic Services Inc. has secured $901K in total capital, with its most recent financing round bringing in $551K through a major strategic investment. This significant backing underscores the company's established presence and ongoing operational needs within its sector.

What is Magic Services Inc.?

Magic Services Inc.
Consumer ServicesCleaning Services

Magic Services Inc. is a long-standing provider of essential business services, operating in Oklahoma since 1965. The company specializes in linen and uniform services, floor care products, and restroom devices, catering to a broad spectrum of clients from small enterprises to national corporations. Through its affiliate, Scott Cleaners INC, Magic Services Inc. also offers comprehensive laundry and dry-cleaning solutions. Their commitment lies in delivering customized, high-quality services at competitive price points, thereby enhancing the professional image of their diverse clientele.

How much funding has Magic Services Inc. raised?

Magic Services Inc. has raised a total of $901K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$551K

Debt (2020): $350K with participation from PPP

Debt (2021): $551K led by PPP

Key Investors in Magic Services Inc.

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Magic Services Inc.?

The recent major strategic investment, alongside previous debt financing rounds, suggests Magic Services Inc. is focused on maintaining and potentially expanding its operational capacity and service offerings across Oklahoma. The company's consistent history and diverse service portfolio position it for continued relevance in the B2B services market, likely prioritizing service excellence and client retention.

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Frequently Asked Questions Regarding Magic Services Inc. Financial Insights

What are the most recent funding rounds that Magic Services Inc. has completed, and what were the funding rounds?
Magic Services Inc. has recently completed 2 funding rounds: Debt on Jan 21, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Magic Services Inc. has raised to date?
Magic Services Inc. has raised a total of $901K in funding to date.
How many funding rounds has Magic Services Inc. completed?
Magic Services Inc. has completed 2 funding rounds.
How much funding did Magic Services Inc. raise in its most recent funding round?
Magic Services Inc. raised $551K in its most recent funding round.
Who are the lead investors in Magic Services Inc.'s latest funding round?
The lead investor in Magic Services Inc.'s latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Magic Services Inc.'s history?
The largest funding round in Magic Services Inc.'s history was $551K.
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