Magic Labs
The fastest way to build onchain
Recommended for
- Pre-Seed
- Seed
- Series A
- Scaleup
- Late-Stage
- Public / Enterprise
SSIE
Stage Fit Recommendations
Following data shows why Magic Labs is recommended for listed teams. The Fit Score represents the percentage fit of Magic Labs to each company stages, as calculated by the SSIE.
Stage
Fit Score
Fit Reasons
Pre-Seed
$0–$10k MRR
53- Multiple support channels (chat, email)
- Open-source codebase, independently reviewable
- Entry pricing sized for this stage
- GDPR - baseline compliance certification
- CCPA / CPRA - baseline compliance certification
- Multi-factor authentication (MFA) enforcement
- Data export and migration tooling
Seed
$10k–$100k MRR
61- SOC 2 - core enterprise certification
- ISO/IEC 27001 - core enterprise certification
- Single sign-on (SSO) via SAML 2.0
- Public trust center for security posture
- Dedicated enterprise plan with custom pricing
Series A
$100k–$500k MRR
68- DoD IL4/IL5 - gov-grade certification
Scaleup
$500k–$2M+ MRR
69- SOC 2 - core enterprise certification
Late-Stage
$2M+ MRR
68- SOC 2 - core enterprise certification
Public / Enterprise
$100M+ ARR
68- DoD IL4/IL5 - gov-grade certification
Description
Magic Labs provides a powerful API for building onchain applications, offering trusted wallet infrastructure, non-custodial embedded wallets, and onchain automation. With over 7 years of proven reliability, Magic has onboarded 50 million people to the world's leading apps and is trusted by over 200,000 developers. The platform enables developers to provision embedded wallets, trigger onchain actions, and stay compliant. Magic's API combines embedded wallet creation, transaction signing, and onchain automation into one seamless experience, allowing developers to scale their users to millions. The company has received funding, including a $7.2 million seed round, and is recognized for its enterprise-grade embedded wallets built for performance and scale.
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