Magic Leap
Magic Leap is a technology company that specializes in augmented reality (AR) solutions, blending digital and real-world experiences through advanced optical technology. Founded in 2010 by Rony Abovitz, the company has developed numerous patents and innovations aimed at creating immersive mixed reality (MR) environments. Initially focused on consumer AR hardware, Magic Leap has shifted its emphasis to enterprise applications, providing tailored solutions for various industries. The company's flagship products include the Magic Leap 1 and Magic Leap 2 headsets. The Magic Leap 1 was designed for immersive experiences, while the Magic Leap 2, aimed at enterprise use, features an improved field of view and is certified for medical environments. Magic Leap also develops software platforms and applications for sectors such as healthcare, automotive, and manufacturing. The company collaborates with major corporations like Google and Mercedes-Benz to enhance its AR offerings and expand its impact in the business world.
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Headcount trend
Magic Leap went from 1,141 employees in Jul 2023 to 1,057 in Jun 2025. Jan to Jun 2025: 22 people joined, 22 left.
Headcount data through Jun 2025
Org structure
Headcount by department
Funding
- Jan 2024 · $590M · Public Investment Fund
- Oct 2021 · $500M
- May 2020 · Series F · $350M
- Apr 2019 · $280M · NTT DoCoMo
- Mar 2018 · Series D · $461M · Public Investment Fund
- Oct 2017 · Series D · $502M · Alibaba Group, EDBI, Grupo Globo
- Feb 2016 · Series C · $794M · Morgan Stanley, Warner Bros., JP Morgan
- Oct 2014 · Series B · $542M · Obvious Ventures, Legendary Entertainment, Vulcan Capital
Salaries at Magic Leap
All salaries110 salary profiles in the US
Most reported roles
Layoffs
Details193 roles cut in the last 12 months.
- Jul 2026 · 193 roles · Miami, United States
H-1B sponsorship
The department split adds up all the years listed above. FY2026 alone: 28 filings.
Peer reviews
Worked with someone at Magic Leap?
Anonymous peer reviews on OffTheRecord
Similar companies
Magic Leap FAQ
How many employees does Magic Leap have?
Magic Leap has about 1,057 employees, up 0.6% over the 3 months to Jun 2025.
Does Magic Leap sponsor H1B visas?
Yes. Magic Leap filed 28 H1B (LCA) applications in FY2026, according to the latest U.S. Department of Labor disclosures. Most of them were for Engineering roles.
Has Magic Leap had layoffs in 2026?
Yes. Magic Leap has reported 193 layoffs in 2026, most recently on Jul 20, 2026.
What is Magic Leap's revenue per employee?
Magic Leap makes about $149K in revenue per employee, based on $157.7M annual revenue and 1,057 employees.
How much does Magic Leap pay?
6figr has 110 salary profiles for Magic Leap in the US and 1 in India, with pay broken down by role, level, gender and ethnicity on the Magic Leap salaries page. See Magic Leap salaries in the US
How much funding has Magic Leap raised?
Magic Leap has raised $4.02B in total funding.
Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.
