MAGNET

Cleveland, United States Founded: 1984 • Age: 42 yrs
Provider of manufacturing consulting services
Annual revenue - Latest available
Total funding - 4 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About MAGNET

MAGNET is a company based in Cleveland (United States) founded in 1984. MAGNET offers products and services including Consulting Services and Talent Development. MAGNET operates in a competitive market with competitors including Bastian Solutions, SMS group, Tecnalia, Arima and SolutionBuggy, among others.

  • Headquarter Cleveland, United States
  • Sectors
    Business Services
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Business Services → Professional & Consulting Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
    HHS

    & 3 more

  • Employee Count
    Not available
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Products & Services of MAGNET

MAGNET offers a comprehensive portfolio of products and services, including Consulting Services and Talent Development.

Product name locked
Category locked
Primary

Offers operational and strategic support for manufacturers.

Product name locked
Category locked
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Provides programs for youth and adult upskilling in manufacturing.

People of MAGNET

Headcount 10-50
Employee Profiles 21
Employee Profiles
People
Ed Kneitel
Director of Finance
People
Janelle M. Lee
Director of Client Engagement - MAGNET: The Manufacturing Advocacy Growth Network
People
Katie Mayer
Controller
People
Dr. Ethan Karp
President & CEO

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Funding Insights of MAGNET

Investors in MAGNET

MAGNET has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include HHS, Economic Development Administration and National Oceanic and Atmospheric Administration.

All
Institutional
Investor Description Founded Year Domain Location
Provider of economic development services
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Public health and human services are overseen by HHS.
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Investor details for MAGNET

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by MAGNET

Investments
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Investment portfolio details for MAGNET

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Financial Statements - MAGNET

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Detailed financials for MAGNET

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Magnet Comparisons

MAGNET Primary company
Description
Provider of manufacturing consulting services
Location
Cleveland, United States
Founded Year
1984
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for MAGNET

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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Competitors of MAGNET

MAGNET 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 Bastian Solutions, SMS group, Tecnalia, Arima and SolutionBuggy, among others.

Company Name Domain Founded year HQ Location Description
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Material handling solutions and automation consulting services
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Plants, equipment, and integrated services for metals production are supplied.
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Management consulting services are provided to various clients.
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Production planning is optimized by Arima's AI-based Syncrun platform.
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Consulting services for manufacturing, industrial, and engineering fields are offered.
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Detailed competitors of MAGNET

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  • Domains and locations
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Latest news on Magnet

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Complete news archive for MAGNET

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about MAGNET

MAGNET was founded in 1984 and raised its 1st funding round 25 years after it was founded.

MAGNET is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.

MAGNET, established in 1984, excels in providing business support, management consulting services, industry specific, and producing manufactured goods. Provider of manufacturing consulting services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.

MAGNET's top competitors include Bastian Solutions, Tecnalia and SMS group.

MAGNET offers Consulting Services and Talent Development.

MAGNET has 4 investors. Key investors include HHS, Economic Development Administration, National Oceanic and Atmospheric Administration, and US Department of Labor.

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