Magentic: Valuation, Funding & Investors
https://www.magentic.com/Vertical SaaS
Magentic is an AI-driven platform focused on optimizing global manufacturing supply chains by identifying and delivering cost savings. The company leverages advanced technology to streamline procurement processes, helping businesses navigate complex demands and unstructured information efficiently.
Leadership & Board
- Current Number of Employees
- 32
- Current LinkedIn Followers
- 5,676
Latest Estimated Valuation
- Total Amount Raised
- $29M
- Total Funding Rounds
- 3
- Latest Funding Amount
- $18M
- Latest Funding Round
- Series A
Employee Trend
Magentic had 32 employees as of November 2, 2026. The number of employees increased by 0 (0.00%) week-over-week.
32Latest Employee Count
0(0.00%)Week-Over-Week Change
Social Trend
Magentic had 5,676 followers as of November 2, 2026. The number of followers increased by 59 (1.05%) week-over-week.
5,676Latest Followers Count
59(1.05%)Week-Over-Week Change
Funding Round
| Funding Date | Funding Round | Amount Raised | Post-Money Valuation |
|---|---|---|---|
| Sep 17, 2026 | Series A | $18.00M | ― |
| Aug 22, 2025 | Seed Round | $5.50M | ― |
| Jul 22, 2025 | Investment | $5.50M | ― |
Investors
| Investor Name | Funding Round |
|---|---|
| Felicis | Series A |
| Sequoia Capital | Series A |
| The Westly Group | Series A |
| Sequoia Capital | Seed Round |
| The Westly Group | Investment |
| Sequoia Capital | Investment |
| Hugging Face | Investment |
| First Momentum Ventures | Investment |
