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Magical builds an agentic AI platform that deploys specialized AI agents to execute repetitive, operational workflows for enterprises, with deep use in healthcare areas such as patient access and revenue cycle. The company sells its software and managed deployments to operations teams, integrating with existing systems via APIs. Founded in 2020 and headquartered in San Francisco, Magical is privately held and backed by investors including Greylock, Coatue, Altman Capital, and Lightspeed.