MagicSchool AI Raises $15 Million in Series A

by Kay Aloha Villamor in July 1st, 2024

MagicSchool AI, a Denver, Colorado-based technology platform for K-12 educators and students, raised $15 million in Series A funding.  


The round was led by Bain Capital Ventures, with participation from Adobe Ventures and Common Sense Media, as well as angel investors like Replit founder Amjad Masad, Clever co-founders Tyler Bosmeny and Rafael Garcia, and OutSchool co-founder Amir Nathoo.   

Founded in 1984, Bain Capital Ventures is a venture capital firm based in San Francisco, California. The firm invests in B2B software startups from seed to growth across our four domains of Fintech, Commerce, Apps, and Infra. For over 20 years and with over $10B under management, BCV has helped launch and commercialize more than 400 companies.  

MagicSchool AI Use of Funds  

The company will use the funding to support the development of more use cases for AI in education.  

About MagicSchool AI  

Founded by Adeel Khan, MagicSchool AI provides a generative AI platform for educators and students, purpose-built for responsible usage in schools. The platform leverages AI to reduce teacher workload and build AI literacy among students, preparing them for the future workforce. MagicSchool AI offers tools for teachers to streamline over 50 tasks, including quiz generation, lesson plans, and personalized instruction, and provides students with AI-driven resources for translation, summarization, tutoring, and more. MagicSchool AI has attracted over 2 million educators and partnerships with 3,500+ schools and districts worldwide.   

Funding Details                    

Company: Magic School, Inc.  

Raised: $15.0M                       

Round: Series A  

Funding Month: June 2024                                                                                    

Lead Investors: Bain Capital Ventures   

Additional Investors: Adobe Ventures, Common Sense Media, Amjad Masad, Tyler Bosmeny, Rafael Garcia, Amir Nathoo   

Company Website:   

Software Category: Educational  


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