Neural Magic Overview

  • Founded
  • 2017
Founded
  • Status
  • Private
  • Employees
  • 28
Employees
  • Latest Deal Type
  • Series A
  • Latest Deal Amount
  • $30M
Latest Deal Amount
  • Investors
  • 6

Neural Magic General Information

Description

Developer of an inference engine software designed to speed up artificial intelligence workloads on commodity hardware. The company's software incorporates the use of big data and deep learning and can be used for recommendations, image recognition, and object detection, enabling businesses and corporate clients to overcome the limitations of traditional hardware accelerators.

Contact Information

Formerly Known As
Flexible Learning Machines
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Business/Productivity Software
Other Industries
IT Consulting and Outsourcing
Primary Office
  • 240 Elm Street
  • 2nd Floor
  • Somerville, MA 02144
  • United States
+1 (617) 000-0000

Neural Magic Timeline

2019202020212022
Financing RoundCaptured Employee CountEstimated Employee Growth
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Neural Magic Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Later Stage VC (Series A) 05-Oct-2021 $30M 0000 00000 Completed Generating Revenue
2. Seed Round 06-Nov-2019 0000 0000 0000 Completed Generating Revenue
1. Seed Round 23-Mar-2018 $5M $5M Completed Generating Revenue
To view Neural Magic’s complete valuation and funding history, request access »

Neural Magic Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series A 0,000,000 00.000000 00.00 00.00 00 00.00 00.000
Series A-1 000,000 00.000000 00.00 00.00 00 00.00 0.000
Seed 6,052,289 $0.000100 $2.48 $2.48 1x $2.48 23.95%
To view Neural Magic’s complete cap table history, request access »

Neural Magic Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of an inference engine software designed to speed up artificial intelligence workloads on commodity hardware.
Business/Productivity Software
Somerville, MA
28 As of 2021
0000
0000 0000-00-00
00000000000 0000

000000

Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariat
000000000000000000000 00000000
London, United Kingdom
00 As of 0000
000.00
00.00 0000-00-00
00000000000 000.00

00000000

odo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugia
000000000000000000000 00000000
Tel Aviv, Israel
00 As of 0000
0000
000 0000-00-00
000000&0 0000
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Neural Magic Competitors (19)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Seldon Venture Capital-Backed London, United Kingdom 00 000.00 00000000000 000.00
00000000 Formerly VC-backed Tel Aviv, Israel 00 0000 000000&0 0000
0000 Formerly VC-backed Seattle, WA 00 000.00 000000&0 000.00
00000000.00 Venture Capital-Backed Singapore, Singapore 00 000 00000000000 000
000000000 Venture Capital-Backed Boston, MA 0000 00.000 00000000000 00.000
You’re viewing 5 of 19 competitors. Get the full list »

Neural Magic Patents

Neural Magic Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20210216872-A1 System and method of training a neural network Pending 14-Jan-2020 000000000
US-20210042624-A1 System and method of accelerating execution of a neural network Pending 08-Aug-2019 000000000
US-11195095-B2 System and method of accelerating execution of a neural network Active 08-Aug-2019 000000000 00
US-20200218978-A1 System and method for executing convolution in a neural network Pending 08-Jan-2019 0000000000 0
US-20200104717-A1 Systems and methods for neural network pruning with accuracy preservation Pending 01-Oct-2018 G06N3/082 0
To view Neural Magic’s complete patent history, request access »

Neural Magic Executive Team (5)

Name Title Board Seat Contact Info
Brian Stevens Chief Executive Officer
Alexander Matveev Co-Founder & Chief Technology Officer
Nir Shavit Co-Founder
John O'Hara Vice President, Engineering
You’re viewing 4 of 5 executive team members. Get the full list »

Neural Magic Board Members (3)

Name Representing Role Since
Gil Beyda Self Board Member 000 0000
Gregory Papadopoulos Ph.D Self Board Member 000 0000
Jamie Goldstein Neural Magic Board Member 000 0000
To view Neural Magic’s complete board members history, request access »

Neural Magic Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Neural Magic Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Ridgeline Ventures Venture Capital Minority 000 0000 000000 0
Amdocs Corporation Minority 000 0000 000000 0
Andreessen Horowitz Venture Capital Minority 000 0000 000000 0
Comcast Ventures Corporate Venture Capital Minority 000 0000 000000 0
New Enterprise Associates Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 6 investors. Get the full list »