MagicOrange
MagicOrange sells cloud-based financial management software for IT departments, helping CIOs track and explain IT costs. The London-based company has 112 employees and raised $16M in Series A funding.
The growth story
MagicOrange grew from 48 to 112 employees between 2023 and 2026, raising $16M along the way, most recently a Series A in April 2025.
About
MagicOrange provides a cloud platform that tracks IT spending and costs across an organization. It targets CIOs and technology executives who need to monitor IT budgets and explain ROI to other business units.
The company has grown to 112 employees since its 2014 founding. It raised $16M in Series A funding in April 2025 from investors including Octopus Ventures and 6 Degrees Capital.
Founders and leadership
Engineering is MagicOrange's largest function with 22 staff. The company has a median employee tenure of 2 years.
The MagicOrange org chart
David Harding (Chief Executive Officer) leads 43 mapped leaders with 6 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Customer Success and Support 20 (+82% YoY), Engineering 20 (+18% YoY), Business Development 13 (+18% YoY), Operations 11 (+22% YoY), Information Technology 11 (0% YoY), Sales 8 (+33% YoY).
Talent flow
MagicOrange recruits heavily from Keyrus, Morgan Stanley, and Sage. Its employees come primarily from South African universities, led by the University of KwaZulu-Natal with 16 alumni.
Most common previous employers of MagicOrange staff: Keyrus (10), Morgan Stanley (8), Sage (7), Derivco (7), Mimecast (5), Deloitte (4). Former MagicOrange employees most often moved to C. Steinweg Bridge (1), Shift90 (1), Yarken (1), Accenture (1), Cubbit (1), CloudSmiths (1).
Alumni worth knowing
Web traffic
Traffic mix: 56% direct, 4% search, 3% social, 0% paid.
What this company is made of
Most common skills at MagicOrange: Project Management (42), Management (39), SQL (38), Microsoft Office (33), Microsoft Excel (33), Leadership (30), Analytical Skills (28), Business Analysis (27).
Where the team actually sits
MagicOrange people are concentrated in KwaZulu-Natal, South Africa (23), Gauteng, South Africa (15), Durban Metropolitan Area (6), Johannesburg Metropolitan Area (6). 4 offices on record.
Search footprint
MagicOrange attracts about 149 organic search visits a month, traffic worth roughly $4K a month if bought through ads. It gained 79 ranking keywords and lost 65 in the last period.
What employees say
- Compensation
- 4.70 / 5
- Career opportunities
- 4.70 / 5
- Senior management
- 4.70 / 5
- Work-life balance
- 4.60 / 5
Frequently asked
MagicOrange has 112 employees as of September 2026.
MagicOrange has raised $16M in total, most recently a Series A round in April 2025.
MagicOrange was founded in 2014 by Greg Guye, Matthew Mottram.
David Harding (Chief Executive Officer) sits at the top of MagicOrange's reporting structure, with 6 direct reports.
The most common previous employers of current MagicOrange staff are Keyrus (10 people), Morgan Stanley (8 people), Sage (7 people).
Former MagicOrange employees most often move to C. Steinweg Bridge (1), Shift90 (1), Yarken (1).
MagicOrange attracts about 149 organic search visits a month, worth roughly $4K a month in equivalent ad spend.
The most common skills among MagicOrange staff are Project Management, Management, SQL, Microsoft Office, Microsoft Excel.
MagicOrange staff are concentrated in KwaZulu-Natal, South Africa (23), Gauteng, South Africa (15), Durban Metropolitan Area (6).
MagicOrange has about 20 people in Customer Success and Support, up 82% over the past year, as of September 2026.
MagicOrange has about 20 people in Engineering, up 18% over the past year, as of September 2026.
Computed from 84 current and 30 former MagicOrange profiles, as of September 2026. Source: Crustdata.
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