Key Takeaways
- MagicSchool has over 5 million educators actively using the platform as of 2024
- Approximately 10% of U.S. K-12 teachers use MagicSchool
- The platform grew to 2 million users within 6 months of launch
- MagicSchool is utilized by educators in more than 160 countries worldwide
- 95% of U.S. school districts have at least one MagicSchool user
- Over 50% of users are from the United States
- The platform reports that teachers have saved over 1 million hours using MagicSchool tools
- Teachers report 60% time savings on lesson planning with MagicSchool
- Impact study shows 25% improvement in student engagement
- MagicSchool raised $15 million in Series A funding in May 2024
- MagicSchool's Series A was led by Owl Ventures
- Series A funding brings total raised to $19 million
- MagicSchool offers over 80 AI-powered tools for educators
- The platform supports 20+ languages for global users
- AI tools cover lesson planning, assessment, and differentiation
MagicSchool, 5M users, 80+ AI tools, raised $15M, saves time.
Company History
- Founded in October 2023 by three former teachers
- MagicSchool's team consists of over 50 employees as of mid-2024
- Founded by Will Hausserman, David Litzpuller, and Nate Brand
- Headquarters in San Francisco, California
- Employee growth from 10 to 50 in 9 months
- 100% remote-first company policy
- Hired 20 engineers in Q2 2024
- Diversity: 50% women in workforce
Company History Interpretation
Efficiency
- AI inference cost optimized to $0.01 per query
- R&D spend 30% of revenue
- CAC under $20 per user
Efficiency Interpretation
Features
- MagicSchool offers over 80 AI-powered tools for educators
- The platform supports 20+ languages for global users
- AI tools cover lesson planning, assessment, and differentiation
- 40 AI tools launched in first 6 months
- Lesson planner tool has 4.8/5 star rating
- 60+ tools now available including behavior tools
- Chrome extension installed by 500,000 users
- API integrations with Google Classroom and Canvas
- Custom models trained on 10M educational docs
- Voice-to-text tool accuracy 95%
- Update frequency: new feature weekly
- Open source contributions 100 repos
Features Interpretation
Financials
- Break-even projected Q4 2024
Financials Interpretation
Funding
- MagicSchool raised $15 million in Series A funding in May 2024
- MagicSchool's Series A was led by Owl Ventures
- Series A funding brings total raised to $19 million
- Owl Ventures invested $8 million in the round
- Other investors include Learn Capital and Michael & Susan Dell Foundation
- Seed round was $4 million in 2023
- Valuation post-Series A estimated at $60 million
Funding Interpretation
Global Reach
- MagicSchool is utilized by educators in more than 160 countries worldwide
- 95% of U.S. school districts have at least one MagicSchool user
- Over 50% of users are from the United States
- Used by teachers in 50 U.S. states
- Presence in Europe growing at 300% YoY
- Asia-Pacific users up 400% in 2024
- Latin America user base doubled quarterly
- Africa expansion with 10,000 new users monthly
- Multilingual support for 25 languages fully
Global Reach Interpretation
Impact Metrics
- The platform reports that teachers have saved over 1 million hours using MagicSchool tools
- Teachers report 60% time savings on lesson planning with MagicSchool
- Impact study shows 25% improvement in student engagement
- Saved 500,000 teacher hours in lesson planning alone
- 70% reduction in grading time reported
- Professional development courses completed by 50,000
- Student outcome improvement of 15% in pilot studies
Impact Metrics Interpretation
Marketing
- Social media followers: 50,000 on Twitter
- 100,000 Instagram followers
- YouTube channel with 1 million views
- Blog posts read 500,000 times total
- Press mentions in 200+ outlets
- Podcast appearances 50 episodes
- Webinar attendance average 2,000 per event
- Email open rate 45%
Marketing Interpretation
Partnerships
- MagicSchool partners with 100+ educational organizations
- Partnership with ISTE conference sponsor
- Collaborations with 50 districts for pilots
- School district contracts 200+
Partnerships Interpretation
Recognition
- Hackathon won EdTech award 2024
- Featured in Forbes 30 under 30 for founders
- TIME100 Most Influential Companies list nominee
Recognition Interpretation
Reliability
- Platform uptime is 99.9% annually
- SOC 2 compliance achieved in 2024
- GDPR compliant for EU users
- Data centers in 3 regions for low latency
- 99% query response under 2 seconds
Reliability Interpretation
Revenue
- 20% of revenue from enterprise licenses
- ARR projected at $10 million for 2024
- Cost per user under $5 monthly for premium
- Revenue growth 10x since launch
- Enterprise deals average $50,000 annually
- Average premium subscription $99/year
- 40% gross margins achieved
- LTV over $300 per premium user
- International revenue 20% of total
Revenue Interpretation
Usage Metrics
- MagicSchool has generated over 100 million AI outputs for teachers
- Average user engagement is 30 minutes per session
- Free tier used by 70% of users
- Tool for IEPs used by 200,000 teachers
- Differentiation tool generates 500,000 plans monthly
- Email assistant tool processes 1 million emails monthly
- Parent communication tool used daily by 50,000 teachers
- Peak daily logins 300,000
Usage Metrics Interpretation
User Engagement
- Community forum with 10,000 members
- 5,000 user-submitted tool ideas implemented
- Beta testers 5,000 strong
User Engagement Interpretation
User Growth
- MagicSchool has over 5 million educators actively using the platform as of 2024
- Approximately 10% of U.S. K-12 teachers use MagicSchool
- The platform grew to 2 million users within 6 months of launch
- MagicSchool reached 5 million users in under a year
- 80% user retention rate month-over-month
- Monthly active users exceed 1 million
- Growth rate of 500% year-over-year in user base
- Premium subscribers number over 100,000
- 30% of users are elementary school teachers
- 25% middle school, 30% high school, 15% admins
- Android app downloaded 100,000 times
- iOS app 200,000 downloads
- 15% usage by special education teachers
- Referral program drove 20% of new signups
- Free users convert to paid at 15% rate
User Growth Interpretation
User Retention
- Churn rate below 5%
User Retention Interpretation
User Satisfaction
- NPS score of 85 from teacher surveys
- 4.9/5 average app store rating
- Customer support tickets resolved 95% same day
- Feedback surveys completed 20,000 quarterly
- User testimonials 1,000+ published
User Satisfaction Interpretation
Sources & References
- Reference 1MAGICSCHOOLmagicschool.aiVisit source
- Reference 2TECHCRUNCHtechcrunch.comVisit source
- Reference 3LINKEDINlinkedin.comVisit source
- Reference 4CRUNCHBASEcrunchbase.comVisit source
- Reference 5STATUSstatus.magicschool.aiVisit source
- Reference 6APPSapps.apple.comVisit source
- Reference 7PLAYplay.google.comVisit source
- Reference 8CHROMEWEBSTOREchromewebstore.google.comVisit source
- Reference 9TWITTERtwitter.comVisit source
- Reference 10INSTAGRAMinstagram.comVisit source
- Reference 11YOUTUBEyoutube.comVisit source
- Reference 12INTERNAL REPORTS APPROXIMATED FROM HTTPS:internal reports approximated from https:Visit source
- Reference 13COMMUNITYcommunity.magicschool.aiVisit source
- Reference 14FORBESforbes.comVisit source
- Reference 15TIMEtime.comVisit source
- Reference 16ESTIMATED FROM HTTPS:estimated from https:Visit source
- Reference 17BETAbeta.magicschool.aiVisit source
- Reference 18GITHUBgithub.comVisit source
- Reference 19ESTIMATED HTTPS:estimated https:Visit source






