About Magnetic
Magnetic is a company based in New York (United States) founded in 2008 was acquired by Deloitte in September 2018. Magnetic has raised $46.5 million across 4 funding rounds from investors including Deloitte, Partnership for New York City and CRV. The company has 1 employees as of September 30, 2012. Magnetic has completed 3 acquisitions, including Adnamic, Cognitive Match and MyBuys. Magnetic operates in a competitive market with competitors including Klaviyo, Elastic Path Software, CommerceIQ, Bango and Yotpo, among others.
- Headquarter New York, United States
- Employees 1 as on 30 Sep, 2012
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Sectors
RetailTechnology Media & Entertainment
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Magnetic Corporation
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$46.5 M (USD)
in 4 rounds
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Latest Funding Round
$7.5 M (USD), Series C
Mar 29, 2017
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Investors
Deloitte
& 10 more
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Employee Count
1
as on Sep 30, 2012
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Investments & Acquisitions
Adnamic
& 2 more
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Acquired by
Deloitte
(Sep 10, 2018)
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Funding Insights of Magnetic
Magnetic has successfully raised a total of $46.5M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $7.5 million completed in March 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Magnetic
Magnetic has secured backing from 11 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Deloitte, Partnership for New York City and CRV.
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CRV is recognized as a venture capital firm investing in technology startups.
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ORIX USA is engaged in middle market asset management and lending.
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Investor details for Magnetic
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Investments & Acquisitions by Magnetic
Magnetic has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Adnamic, Cognitive Match and MyBuys.
Investment portfolio details for Magnetic
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Connected decisions that make ads and web sites relevant
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Locked | Locked | 2009 | Locked | |
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Audience segments of web users are supplied for ad networks.
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Locked | Locked | 2008 | Locked | |
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Cross-channel personalization is delivered to online retailers for shopper engagement.
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Locked | Locked | 2006 | Locked |
Complete acquisition details for Magnetic
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Magnetic
Detailed financials for Magnetic
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
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Magnetic Comparisons
Peer comparison for Magnetic
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Magnetic
Magnetic 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 Klaviyo, Elastic Path Software, CommerceIQ, Bango and Yotpo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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SaaS email marketing solutions are offered to e-commerce businesses.
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API-based enterprise commerce and content management platform is delivered.
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AI platform for retail ecommerce management and optimization is provided.
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Marketing solutions for e-commerce businesses are provided by Bango.
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Cloud-based marketing platform for e-tailers
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Mobile app recommendations are provided based on user behavior analysis.
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Detailed competitors of Magnetic
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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Verified entity values are shown only after access is granted.
Latest news on Magnetic
Complete news archive for Magnetic
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- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Magnetic
Magnetic was founded in 2008 and raised its 1st funding round 2 years after it was founded.
Magnetic is headquartered in New York, United States. It is registered at New York, New York, United States.
Magnetic is a funded company, having raised a total of $46.5M across 4 funding rounds to date.
As of Sep 30, 2012, the latest employee count at Magnetic is 1.
Magnetic is a search retargeting company that uses search data queries and its own real-time-bidder to buy audiences who have signaled either interest or purchase intent. Advertisers can engage users outside the search engine with creative messages. Also provides ecommerce sites, new sites and social network retargeting solution. Acquired Cognitive Match (May, 2014), a retargeting technology company which enabled marketers to build real-time ads based on product feeds, keywords, audience intent etc. Merged with Mybuys in May 2015.
Magnetic's top competitors include Klaviyo, CommerceIQ and Yotpo.
Magnetic has made 3 acquisitions, including Adnamic, Cognitive Match, and MyBuys.
Magnetic has 11 investors. Key investors include Deloitte, Partnership for New York City, CRV, ORIX USA, and the Honeywell pension.