How Much Did Magic Touch Raise?
Funding & Key Investors

Magic Touch has secured $150K in total capital, with its most recent financing round bringing in $150K through a major strategic investment. This significant backing underscores the company's established position in its market and its trajectory towards further expansion.

What is Magic Touch?

Magic Touch
Real EstateCleaning ServicesConsumer Services

Magic Touch Corporation, established in 1984 and headquartered in Jonesboro, AR, is a family-owned enterprise specializing in property rentals and dry cleaning services. The company offers a diverse portfolio of rental properties, including apartments and houses, aiming to connect clients with suitable accommodations. With a strong emphasis on customer service and a deep-rooted local presence, Magic Touch has built a reputation for reliability in both its real estate and dry cleaning operations. The recent strategic investment signals a new phase of growth for the company, likely aimed at enhancing its service offerings or expanding its operational footprint.

How much funding has Magic Touch raised?

Magic Touch has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

What's next for Magic Touch?

The substantial capital infusion, particularly the recent strategic investment, positions Magic Touch for significant advancement. As a company in a large-scale, late-stage funding environment, this backing is expected to fuel strategic initiatives such as property portfolio expansion, modernization of rental facilities, or enhancement of its dry cleaning service network. The company's long history and commitment to customer satisfaction provide a solid foundation for leveraging this new financing to achieve accelerated growth and solidify its market leadership.

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Frequently Asked Questions Regarding Magic Touch Financial Insights

What are the most recent funding rounds that Magic Touch has completed, and what were the funding rounds?
Magic Touch has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding Magic Touch has raised to date?
Magic Touch has raised a total of $150K in funding to date.
How many funding rounds has Magic Touch completed?
Magic Touch has completed 1 funding rounds.
How much funding did Magic Touch raise in its most recent funding round?
Magic Touch raised $150K in its most recent funding round.
Who are the lead investors in Magic Touch's latest funding round?
The lead investor in Magic Touch'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 Touch's history?
The largest funding round in Magic Touch's history was $150K.
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