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Neural Magic

AI · Somerville, United States · Founded 2018

Unlocking the possibility of machine learning, by re-imagining how deep learning is done MoreLess

Neural Magic operates in the artificial intelligence (AI) and machine learning (ML) sector, focusing on optimizing neural network models for deployment on central processing units (CPUs) instead of graphics processing units (GPUs). The company provides a suite of tools and platforms, including the Neural Magic DeepSparse Engine, SparseZoo, and SparseML, which enable users to achieve GPU-class performance on CPUs by leveraging sparsity-aware techniques. These tools are particularly beneficial for natural language processing (NLP) and computer vision applications, allowing for faster and more efficient model inference.

Neural Magic serves a diverse range of clients, including AI researchers, data scientists, and enterprises looking to deploy high-performance AI models without the need for expensive GPU hardware. The company operates in the broader AI and ML market, which is rapidly growing as more industries adopt AI technologies for various applications.

The business model of Neural Magic revolves around providing both open-source and commercial solutions. They offer free access to their open-source tools, encouraging widespread adoption and community contributions. Additionally, they generate revenue through premium features, enterprise support, and custom solutions tailored to specific client needs.

Neural Magic makes money by offering subscription-based services, enterprise-grade solutions, and consulting services. Their focus on CPU optimization allows clients to reduce hardware costs while maintaining high performance, making their offerings attractive to cost-conscious organizations.

Keywords: AI optimization, CPU inference, neural networks, sparsity-aware, NLP models, computer vision, DeepSparse Engine, SparseZoo, SparseML, model pruning.

Company overview

Neural Magic company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2018
Headquarters
Somerville, United States
Employees
16
Open positions
None listed
Dealroom signal
67.7
client focusb2btechnologyArtificial IntelligencetechnologyDeep TechtechnologyMachine LearningtechnologyDeep Learningbusiness modelSaaSsectorCore AIsectorSpinoutsectorMLopssectorAI Data Preparation and GenerationsectorDT and LSindustryEnterprise Software

Valuation & funding

Neural Magic funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Nov 2024 $0 Red Hat
SERIES AOther financing Oct 2021 $30M $120M Andreessen Horowitz · Amdocs · Pillar VC · Ridgeline Ventures
SEEDOther financing Nov 2019 $15M $60M Andreessen Horowitz · NEA · Amdocs · Pillar VC
EARLY VCOther financing Mar 2018 $5M $20M Undisclosed
SPINOUTOther financing Jan 2018 $0 Massachusetts Institute of Technology
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Financials

Revenue and workforce over time

Available revenue and workforce history. Fields without reported data are omitted.

YearRevenueGrowthEmployees
2026 $6.5M 0% 16
2025 $6.5M 0% 18
2024 $6.5M 0% 49
2023 $6.5M +80.6% 50
2022 $3.6M +28.6% 42
2021 $2.8M 28
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Neural Magic website traffic

Latest recorded traffic for Neural Magic is 270 monthly website visits, down 83.1% over the last three months. Neural Magic's team declined 11.1% over the past year.

Latest monthly visits270 3-month web change-83.1% 1-year team growth-11.1%
Monthly website visits90 observations · Jun 2018–Jul 2026
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Comparisons

Neural Magic compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Neural Magic's talent

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Team profiled 9 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

9 investors on Neural Magic's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 5 investors entered at this stage
Series A 2 investors entered at this stage
Niksa Energy Associates
Ridgeline Ventures
Other known 2 additional known investors
Massachusetts Institute of Technology
Red Hat

Global footprint

Where Neural Magic has talent and traffic

Workforce by country
4 countries with
team presence
🇺🇸 United States76.9%
🇮🇱 Israel7.7%
🇬🇧 United Kingdom7.7%
🇦🇹 Austria7.7%
4 countries shown

In the news

Latest news about Neural Magic

Recent press, funding announcements, and product moves mentioning Neural Magic — open to read from the original sources.

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Market sentiment

What the market is saying about Neural Magic

An AI-synthesized read of the highest-engagement posts about Neural Magic on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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