Magnovate Overview
- Founded
- 2013
- Status
- Private
- Employees
- 1
- Latest Deal Type
- 2ndary - Private
Magnovate General Information
Description
Developer of a magnetic levitation technology designed to transform transportation systems. The company's technology permits the construction of high-speed maglev packet-switching networks, enabling transportation industries with low system costs and the high performance of maglev.
Contact Information
Website
www.magnovate.com
Ownership Status
Privately Held (backing)
Financing Status
Formerly VC-backed
Primary Industry
Rail
Primary Office
- 75 Nugget Avenue
- Toronto, Ontario T6G 2M9
- Canada
Magnovate Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Secondary Transaction - Private | 01-Jun-2021 | 000 | Completed | Generating Revenue | ||
| 4. Secondary Transaction - Private | 000 | Completed | Generating Revenue | |||
| 3. Angel (individual) | 19-Aug-2014 | 000 | 000 | Completed | Generating Revenue | |
| 2. Accelerator/Incubator | 19-Dec-2013 | $2M | Completed | Startup | ||
| 1. Seed Round | 19-Aug-2013 | $2M | $2M | Completed | Startup |
Magnovate Executive Team (3)
| Name | Title | Board Seat | Contact Info |
|---|---|---|---|
| Dan Corns | Founder, President and Chief Executive Officer | ||
| Peter Hackett Ph.D | Chief Strategist | ||
| Bill Russo | Advisor |
Magnovate Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %ile
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
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