Magfi provides a SaaS platform that places rich, interactive ads inside Telegram and Discord communities, using machine learning and AI to match advertisers with the most relevant groups. The product simplifies ad placement for advertisers and lets group owners monetize without manual outreach. The company has shared over 1 million ads, reaches 600,000 unique users daily, and reports that revenue grew 25× from an initial four‑digit base within a year after its pre-seed round. Customers include major banks in Turkey, global e-commerce firms, and international advertising agencies. With the new funding Magfi plans to expand its team, fully automate onboarding, support, and ad optimization, and begin operations in Latin America, targeting Brazil next. The team is also working on generative AI to create ad creatives tailored for each community.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Sep 2024