The mobile app analytics service AppMagic has successfully closed its Series A funding round, raising $3 million. Of this amount, $2.5 million came from the investment group GEM Capital, and another $500,000 was provided by the venture fund Vibranium.
The funds will be used for the development of AppMagic. The service aims to become more accurate, particularly by adding new types of tracked data. Additionally, the owners of AppMagic plan to open new sales departments in the United States, China, South Korea, and Japan.
AppMagic was officially launched in early 2018 by Maksim Samorukov, the former head of product at Crazy Panda studio. Initially, the service operated under the name DataMagic but later underwent rebranding. In 2020, AppMagic secured its first investment, receiving $200,000 from the marketing agency RoasUp.