About Mag+
Mag+ is a company based in Stockholm (Sweden) founded in 2010 was acquired by MPS in July 2016.. Mag+ offers products and services including mag+ Now, mag+ Designd, Creative Services, and App Submission. Mag+ operates in a competitive market with competitors including Yappli, Guidebook, Yappli, FlutterFlow and Adalo, among others.
- Headquarter Stockholm, Sweden
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Sectors
Media & EntertainmentTechnology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
MPS
(Jul 01, 2016)
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Products & Services of Mag+
Mag+ offers a comprehensive portfolio of products and services, including mag+ Now, mag+ Designd, Creative Services, and App Submission. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for creating and distributing responsive interactive content
Tool for building interactive multimedia layouts for touchscreens
Services for custom app creation and updates
Service for submitting and managing app updates
Funding Insights of Mag+
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Mag+
Mag+ has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include MPS Limited. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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MPS Limited is engaged in providing publishing and learning solutions.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mag+
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Mag
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mag+ Comparisons
Competitors of Mag+
Mag+ operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Yappli, Guidebook, Yappli, FlutterFlow and Adalo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Mobile apps are built via a no-code drag-and-drop platform.
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| domain | founded_year | HQ Location |
Mobile apps are built for events, venues, campuses, and enterprises.
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| domain | founded_year | HQ Location |
Mobile apps are built via a no-code drag-and-drop platform.
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| domain | founded_year | HQ Location |
Cloud-based low-code platform for mobile app development is offered.
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| domain | founded_year | HQ Location |
Mobile applications are developed via a low-code drag-and-drop platform.
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| domain | founded_year | HQ Location |
Low-code platform is used to build enterprise mobile apps.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Mag+
When was Mag+ founded?
Mag+ was founded in 2010.
Where is Mag+ located?
Mag+ is headquartered in Stockholm, Sweden.
What does Mag+ do?
Founded in 2010 in Stockholm, Sweden, Mag operates as a platform for content publishing and app development within the digital media sector. Magazines, interactive e-catalogs, and product brochures are created and distributed through its tools. Services encompass app submission and updates, alternatives to DPS, integration with InDesign, and creative support. Operations focus on content creation, user engagement, and monetization, serving clients such as Maserati, PetSmart, and United Nations.
Who are the top competitors of Mag+?
Mag+'s top competitors include FlutterFlow, Guidebook and Adalo.
What products or services does Mag+ offer?
Mag+ offers mag+ Now, mag+ Designd, Creative Services, and App Submission.
Who are Mag+'s investors?
Mag+ has 1 investor. Key investors include MPS Limited.