Magic Labs
548 Market Street Private Mailbox 31387, San Francisco, California, 94104, United States
Overview
Magic is a wallet-as-a-service provider that helps businesses onboard users into web3 with instant non-custodial wallet creation. It uses email or social logins, while removing the need for seed phrases and browser extensions - making it indistinguishable from standard web2 experiences that everyday users are accustomed to. Magic offers features for end-to-end web3 onboarding including authentication, fiat onramps, NFT Minting and NFT Checkout. Its solutions are trusted by top brands in web2 and web3, including Mattel, Macy's, Xsolla, Immutable, and more. The company's solution makes use of a plug-and-play kit and blockchain infrastructure to enable individuals to build applications with quick, customized, password-less login with just a few lines of code, allowing developers to include password-less authentication in their applications.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 1
- Active investors
- 4
Sector focus
- Cryptocurrency
- Developer Tools
- Identity Management
- Information Technology
- Security
- Web3
Investment portfolio
- Kled AI
Participated · Seed · Mar 2026
Kled AI positions itself as an AI project built in the Solana ecosystem. The company announced a $5.5 million seed round on March 13, bringing total financing to $9 million to date. Public disclosures in the article do not detail its specific products, customers, or revenue metrics. The report names multiple strategic and cultural investors, including K5 Global, Diplo, Parable VC, Kent Lacob, Luca Netz, and Magic Labs, suggesting interest from both traditional VC and NFT/crypto-aligned backers. The article does not provide stated future plans, a timeline for product development, or other operating metrics.
- Opolis
Participated · Seed · May 2021
Opolis is a member-owned digital employment platform that uses blockchain and web3 technology to provide employment infrastructure for independent workers. The platform supplies tools to professionalize independent businesses, including payroll, benefits management, and shared services such as unemployment, disability, and tax compliance. Opolis positions itself to democratize access to career development and next-generation employment services regardless of geography. The company plans to scale its business and deliver a more frictionless user experience, with a roadmap prioritizing improved access to accounting data, tax reporting details, and health insurance information. Leadership includes Executive Steward and founder John Paller, who has roughly 20 years of experience in HR technology and founded ETHDenver. Opolis has raised capital to support growth and is headquartered in Denver. Opolis operates the Opolis Employment Commons, a digital employment cooperative that provides payroll, benefits and shared services to independent workers. The Independent Worker Coalition grew to more than 2,500 global members across 63 countries shortly after launching in April 2021. The Commons uses token-based incentives: it runs $WORK reward programs, referral and sign-up bonuses, and a member dashboard that supports staking to earn additional $WORK. Opolis emphasizes a community-led Web3 funding model and completed a Series Seed II round combining equity and grants to support its infrastructure. The funding involved DAOs, DeFi projects, investment syndicates, and HR-tech and blockchain industry investors from around the world. The company aims to reshape how independent workers relate to employment by aligning community stakeholders and ecosystem participants.