MagicSchool AI at a glance
As of- [1] Equity raised: Sum of the 2 sourced equity rounds in the funding history below (debt, tender offers and rumored rounds excluded), February 11, 2025
- [2] Lead investors: magicschool.ai, February 11, 2025
- [3] Founded: TechCrunch (retrieved June 27, 2024)
- [4] Headquarters: TechCrunch (retrieved June 27, 2024)
What MagicSchool AI does
Khan earlier founded a charter high school, DSST: Conservatory Green High School.[1] Teachers use MagicSchool for work such as planning lessons, supporting different learners and giving feedback, while students use it for guided AI support.[2] Adobe Ventures and Common Sense Media also backed that round.[1] Khan did not disclose the company's valuation.[1] At the time, Khan told TechCrunch that more than 2 million teachers and more than 3,000 schools and districts were using its products.[1] The company says more than 6 million educators have signed up for the platform.[3]
Business model and customers
MagicSchool said the Series B would expand its product and engineering teams, partnerships and customer experience team.[3]
Leadership
- Its founder and CEO, Adeel Khan, worked as a teacher, assistant principal, principal and district administrator in public schools before starting the company.[3]
MagicSchool AI profile
written 2026-10-24MagicSchool is a Denver AI platform for teachers and students; it announced a $45 million Series B led by Valor Equity Partners in February 2025.
What MagicSchool does
MagicSchool is an AI platform built for schools, founded in Denver, Colorado, in 2023. The company describes its customers as district leaders, educators and students. For teachers, the product handles routine work such as planning lessons, differentiating material for different learners and giving feedback. Students use it, through their schools, to get support and work through ideas with guidance, and districts use it to roll out AI in a way that is visible and fits their existing systems.[1]
The product began as a set of discrete tools for teachers. Three months after launch, in August 2023, the company said it offered more than 50 tools covering quiz generation, text leveling, diagnostic assessment, lesson plans, word problems and IEP generation. In mid-2024 it added MagicSchool for Students, which lets educators build and customize AI tools for their own students. Founder and CEO Adeel Khan told TechCrunch the company works mainly with OpenAI's APIs but also uses Anthropic and others, and runs A/B tests to decide which model fits which task.[2],[3],[4],[1]
By December 2025 the company was describing its direction as an 'AI Operating System for Schools': a single workspace for planning, communication, differentiation and assessment, an assistant that understands a district's curriculum and expectations, and a district-level layer that connects approved knowledge and data with privacy controls. Teachers can use the platform free; schools and districts pay.[5],[4]
History
Khan came up with the idea in late 2022, when ChatGPT was in the headlines, while on a career break. He had spent his career in public schools as a teacher, assistant principal, principal and district administrator, starting with Teach for America, and founded a Denver charter high school, DSST: Conservatory Green High School. His first demos to former colleagues did not stick because the raw chatbot interface cost teachers more time than it saved; the fix was tightly scoped tools with education-specific prompting behind the scenes.[4],[6]
By June 2024 the company said more than 2 million teachers and more than 3,000 schools and districts were using its products, and by July 2024 it put the figures at over 2 million educators signed up and over 4,000 school and district partners. In February 2025 it said it was partnered with more than 10,000 schools, with an educator using the product in nearly every U.S. school district and in 160 countries, and that over 6 million educators had signed up. In December 2025 it said its student product, MagicStudent, had grown over 300 percent year over year in Student Rooms.[4],[3],[6],[5]
Funding
MagicSchool announced a $2.4 million seed round on August 23, 2023, led by Range Ventures with GSV Ventures, Rethink Education, Charter School Growth Fund, Gary Community Investments, Transcend Fund and Ednovate Capital participating, plus angels including Elijah Mayfield, Ted Dintersmith, Samyr Quereshi, Roger Luo, Niels Hoven and partners from Reach Capital. Its initial investors were Other Ventures and Raheel Khan.[2],[1]
In June 2024 it closed a $15 million Series A led by Bain Capital Ventures. Adobe Ventures and Common Sense Media joined the round, along with individuals including Replit founder Amjad Masad, Clever co-founders Tyler Bosmeny and Rafael Garcia and Outschool co-founder Amir Nathoo. Bain Capital Ventures partner Christina Melas-Kyriazi framed the bet as the application layer that follows infrastructure investment in model companies. Khan did not disclose the valuation.[4]
On February 11, 2025, the company announced a $45 million Series B led by Valor Equity Partners, with Bain Capital Ventures, Adobe Ventures, Atreides Management and Smash Capital participating. Khan said the round was meant to expand product and engineering, strengthen partnerships, grow the customer experience team and expand safety testing, and that schools had asked about the long-term solvency of edtech startups, which made the raise partly about signalling staying power.[6]
People
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Company Snapshot
MagicSchool AI is an edtech company, based in Denver, Colorado, USA, founded 2022 by Adeel Khan.
Recent changes
- Feb 11, 2025Feb 11, 2025Raised $45M Series B magicschool.ai
- Feb 11, 2025Feb 11, 2025New investor: Valor Equity Partners magicschool.ai
- Jun 27, 2024Jun 27, 2024Raised $15M Series A TechCrunch
- Jun 27, 2024Jun 27, 2024New investor: Common Sense Media TechCrunch
- Jun 27, 2024Jun 27, 2024New investor: Adobe Ventures TechCrunch
Earlier changes (1)
- Jun 27, 2024Jun 27, 2024New investor: Bain Capital Ventures TechCrunch
Funding history
2 equity events · newest first · sources dated per row| Date | Round | Amount | Valuation | Lead investors | Source |
|---|---|---|---|---|---|
| Feb 11, 2025 | Series B | $45M | — | Valor Equity Partnersunverified | magicschool.ai |
| Jun 27, 2024 | Series A | $15M | — | TechCrunch |
Equity only. “Equity raised” above sums the rounds with a dated, linked source; rumored rounds, tender offers and secondary sales are listed but not counted, and debt financing is listed separately.
How MagicSchool AI has been funded
In June 2024 it closed a $15 million Series A led by Bain Capital Ventures.[1] On February 11, 2025, MagicSchool announced a $45 million Series B led by Valor Equity Partners, with Bain Capital Ventures, Adobe Ventures, Atreides Management and Smash Capital participating.[3] With that round, the company said it was partnered with more than 10,000 schools and had educators using it in 160 countries.[3]
Investors
Latest Pulse
- Aug 5, 2026MagicSchool Raises $63M After VCs Said NoMagicSchool AI, an AI teaching-assistant platform founded by a former school principal, has raised $63M total after early investors initially passed, and now serves educators in nearly every US school district.→
- Aug 5, 2026The Educator Who Built a $63M AI Edtech StartupMagicSchool AI, founded by a former school principal who says VCs initially refused to fund an educator, has now raised $63M and reaches an educator in nearly every US school district.→
- Aug 4, 2026MagicSchool Built an 8M-Educator AI Tool on $63MFounded by a former assistant principal who says VCs initially wouldn't fund an educator, MagicSchool has raised nearly $63M and now counts roughly 8 million educator sign-ups across 160 countries.→
Coverage Timeline
newest firstAll Coverage
MagicSchool Raises $63M After VCs Said No
MagicSchool AI, an AI teaching-assistant platform founded by a former school principal, has raised $63M total after early investors initially passed, and now serves educators in nearly every US school district.
The Educator Who Built a $63M AI Edtech Startup
The Educator Who Built a $63M AI Edtech Startup
MagicSchool AI, founded by a former school principal who says VCs initially refused to fund an educator, has now raised $63M and reaches an educator in nearly every US school district.
MagicSchool Built an 8M-Educator AI Tool on $63M
MagicSchool Built an 8M-Educator AI Tool on $63M
Founded by a former assistant principal who says VCs initially wouldn't fund an educator, MagicSchool has raised nearly $63M and now counts roughly 8 million educator sign-ups across 160 countries.
Value Add Research
Related Companies
MagicSchool AI FAQ
What is MagicSchool AI's valuation?
Khan did not disclose the company's valuation.[1]
Who invested in MagicSchool AI?
On February 11, 2025, MagicSchool announced a $45 million Series B led by Valor Equity Partners, with Bain Capital Ventures, Adobe Ventures, Atreides Management and Smash Capital participating.[3]
Who founded MagicSchool AI?
MagicSchool AI's founder and CEO, Adeel Khan, worked as a teacher, assistant principal, principal and district administrator in public schools before starting the company.[3]
How much has MagicSchool AI raised?
MagicSchool AI has raised at least $60M in equity across 2 sourced funding rounds tracked by Value Add VC. The most recent was a $45M Series B in February 2025, reported by magicschool.ai. Debt financing, tender offers and secondary sales are not counted.
When was MagicSchool AI founded and where is it based?
MagicSchool AI was founded in 2022 and is headquartered in Denver, Colorado, USA, according to TechCrunch.
References
researched 2026-10-24Sources & methodologyshow
- magicschool.aiprimary source1 fact
- TechCrunchmajor outlet1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.