Neural Magic
Software DevelopmentMassachusetts, United States11-50 Employees
Deliver AI value with the resources you have, the insights you own, and the freedom you need.
Rapid Market Expansion Neural Magic has experienced significant growth recently, launching multiple innovative products such as Neural Magic Compress, GuideLLM, and LLM Compressor, indicating a strong demand for advanced AI optimization tools across enterprises.
Strategic Industry Collaborations The company's partnership with the Institute of Science and Technology Austria and collaborations with Cerebras Systems showcase its active engagement with research institutions and technology leaders, providing potential opportunities to offer tailored AI solutions or joint ventures.
Acquisition and Investment Multiple high-profile acquisitions by Red Hat and IBM highlight Neural Magic's strategic value in the AI ecosystem, suggesting opportunities to position complementary cloud, infrastructure, and enterprise AI integration services.
Growing Financial Base With managed revenues between 1 million and 10 million and over 30 million USD in funding, Neural Magic is positioned as an emerging player, making it an attractive target for sales of scalable AI deployment, optimization, and management solutions.
Industry Positioning As a competitor to firms like Groq, Mythic, and Cerebras, Neural Magic's focus on AI model compression and scalable deployment enables targeted outreach to organizations seeking cost-effective and efficient AI infrastructure enhancements.
Neural Magic uses 8 technology products and services including Crazy Egg, Google Ads Conversion Tracking, Google Hosted Libraries, and more. Explore Neural Magic's tech stack below.
| Neural Magic Email Formats | Percentage |
| First@neuralmagic.com | 71% |
| FLast@neuralmagic.com | 14% |
| First.Last@neuralmagic.com | 10% |
| Last@neuralmagic.com | 5% |
Software DevelopmentMassachusetts, United States11-50 Employees
Deliver AI value with the resources you have, the insights you own, and the freedom you need.
Neural Magic has raised a total of $30M of funding over 3 rounds. Their latest funding round was raised on Oct 05, 2021 in the amount of $30M.
Neural Magic's revenue is estimated to be in the range of $1M$10M
Neural Magic has raised a total of $30M of funding over 3 rounds. Their latest funding round was raised on Oct 05, 2021 in the amount of $30M.
Neural Magic's revenue is estimated to be in the range of $1M$10M