Magentic Overview
- Year Founded
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2024
- Status
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Private
- Employees
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30
- Latest Deal Type
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Series A
- Latest Deal Amount
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$18M
- Investors
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5
Magentic General Information
Description
Developer of an AI digital workers software designed to assist supply chain and procurement teams. The company's software specializes in adding digital workers, performing tasks such as responding to emails, searching for data, data security, worker operation management, helping procurement teams by automating complex tasks, and enhancing productivity.
Contact Information
Website
www.magentic.comCorporate Office
- LABS Atrium
- London NW1 8AH
- England, United Kingdom
Corporate Office
- LABS Atrium
- London NW1 8AH
- England, United Kingdom
Magentic Timeline
Magentic Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 2. Early Stage VC (Series A) | 17-Sep-2026 | $18M | Completed | Generating Revenue | ||
| 1. Early Stage VC | 22-Jul-2025 | Completed | Generating Revenue |
Magentic Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A1 | ||||||||
| Series A2 | ||||||||
| Series A4 | 32,656 | $0.000010 | $0.83 | $0.83 | 1x | $0.83 | 0.19% | |
| Series A3 | 3,570,388 | $0.000010 | $0.28 | $0.28 | 1x | $0.28 | 21.03% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
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Magentic Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Magentic Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Magentic Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Borusan Ventures | Corporate Venture Capital | Minority | ||
| Felicis | Venture Capital | Minority | ||
| First Momentum Ventures | Venture Capital | Minority | ||
| Sequoia Capital | Venture Capital | Minority | ||
| The Westly Group | Venture Capital | Minority |
Magentic FAQs
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When was Magentic founded?
Magentic was founded in 2024.
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Where is Magentic headquartered?
Magentic is headquartered in London, United Kingdom.
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What is the size of Magentic?
Magentic has 30 total employees.
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What industry is Magentic in?
Magentic’s primary industry is Business/Productivity Software.
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Is Magentic a private or public company?
Magentic is a Private company.
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What is the current valuation of Magentic?
The current valuation of Magentic is .
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What is Magentic’s current revenue?
The current revenue for Magentic is .
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How much funding has Magentic raised over time?
Magentic has raised $23.5M.
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Who are Magentic’s investors?
Borusan Ventures, Felicis, First Momentum Ventures, Sequoia Capital, and The Westly Group have invested in Magentic.
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