San Francisco, CaliforniaFounded 2021CEO Jack Lu
Magic Eden is a Solana-based NFT marketplace founded in late September 2021 by four co-founders: Jack Lu (CEO), Sid (CTO), Zhuoxun Yin (COO), and Joji/Rex (Chief Engineer).
Magic Eden has not published its revenue. GetLatka estimates it at about $182.3M a year (October 2024). Magic Eden is #40 on the Latka Top. The Latka Top ranks the 1,378 companies Nathan Latka has interviewed by revenue.
| As of | Revenue | Source |
|---|---|---|
| 2022 | $96M | Jack Lu on cameraWatch at 11:30 |
| Oct 2024 | $182.3MEST. | GetLatka estimate |
Magic Eden is privately held, so there is no Magic Eden stock to buy. Investors valued it at $205M in its May 2022 Series A.
Valuation history$205M Series A 2022$10M Seed 2021
Magic Eden has raised $29.5M across two rounds since 2021. The latest was a $27M Series A in May 2022.
| Date | Round | Raised | Valuation | Source |
|---|---|---|---|---|
| May 2022 | Series A | $27M | $205M | Jack Lu on cameraWatch at 10:25 |
| Oct 2021 | Seed | $2.5M | $10M | Jack Lu on cameraWatch at 13:23 |
| Total raised | $29.5M |
Nathan Latka has interviewed Magic Eden once, speaking with Jack Lu. Each figure links to the second it was said.
Watch: How Magic Eden Hit $8M in Monthly Revenue and a $27M Series A as the Second Largest NFT Marketplace (Interview with CEO Jack Lu)May 2022 · Jack Lu, Co-Founder and CEO
Growth tactics they described: Cold OutreachWatch at 6:58
Jack Lu is CEO of Magic Eden. Magic Eden has 130 employees (October 2024, LinkedIn).
InvestorsMike Duboe
| As of | Employees | Source |
|---|---|---|
| Oct 2024 | 130 | |
| Jul 2023 | 130 | – |
| May 2022 | 100 | Jack Lu on cameraWatch at 21:58 |
Magic Eden has not published its revenue. GetLatka estimates about $182.3M a year (October 2024).
Companies don't publish a net worth. The closest figure is Magic Eden's valuation: $205M, set in May 2022.
Magic Eden is privately held by its founders, employees and investors.
No. Magic Eden is a private company, so its shares are not listed on a stock exchange.
$29.5M across 2 rounds; the latest was a $27M Series A in May 2022.
Jack Lu.
About 130 as of October 2024 (LinkedIn).
6 said on camera · 1 from public sources · 1 estimate. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice. The Latka Top ranks the private, operating companies Nathan Latka has interviewed by the latest revenue figure on each profile, reported or estimated; equal figures share a rank.
Updated Oct 5, 2026Data disclaimerReport a correctionClaim this profile
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