About Magneto
Magneto is a Technology company based in Medellin (Colombia) founded in 2017 by Pablo Arango. It operates as a job board and ATS software are provided for recruitment processes. It operates on a SaaS (Software-as-a-Service) and Two-Sided Marketplace model. Magneto has raised $7 million across 1 funding round from investors including ALIVE Ventures, IVPSM and LatinLeap. Its website magneto365.com draws about 3.7 million monthly visits. Magneto offers products and services including Job Platform and Recruitment Software. Its focus areas include HR Tech and Recruitment Platforms. Its legal entity is Magneto Global S.A.S. Its competitors include LinkedIn, Talent.com, Hunty, Dream Jobs and Wiwo and 4 more; 2 of its 9 listed competitors have raised funding.
Company details
A digital platform for job seekers to find employment opportunities is provided by Magneto. Recruitment software for small and medium-sized enterprises is also offered. The company operates within the HR technology sector, connecting job seekers with leading companies in Colombia. Advanced tools and AI are utilized to assist businesses in talent acquisition. Services include job postings, candidate evaluations, and digital selection processes. Focus is placed on enhancing labor market access and supporting career development.
- Headquarters Medellin, Colombia
- Founders Pablo Arango
- SectorsTechnology
- Website category Jobs and Career · Jobs and Employment
- Email••••••••
- Phone•••• ••••
- Website magneto365.com/es
- Social LinkedIn Facebook Instagram YouTube
- Legal Name Magneto Global S.A.S.
- Total Equity Funding$7M (USD)
in 1 rounds
- Latest Funding Round$7M (USD), Seed
May 2024
- InvestorsALIVE Ventures
& 2 more
Products & Services of Magneto
Magneto offers a comprehensive portfolio of products and services, including Job Platform and Recruitment Software.
A platform for job seekers and employers is provided.
Software for recruitment is offered to small businesses.
Apps and channels of Magneto
Magneto publishes 1 mobile app with over 500K+ downloads; its YouTube channel Magneto empleos has 353 subscribers and 30 videos.
Videos from Magneto
The most watched videos on Magneto's YouTube channel, Magneto empleos (353 subscribers). Click a video to play it here.
More on Magneto empleos.
Funding Insights of Magneto
Magneto has successfully raised a total of $7M through 1 strategic funding round. The most recent funding activity was a Seed round of $7 million completed in May 2024. 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.
- Total Funding $7M
- Total Rounds 1
- Last Round Seed — $7M
- First Round $7M
(May 2024)
- Investors Count 3
All 1 funding rounds of Magneto with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2024 | $7M | Seed | – | ALIVE Ventures, IVPSM | – |
3 investors in total: 3 institutional.
Investors in Magneto
Magneto has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include ALIVE Ventures, IVPSM and LatinLeap.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | alive-ventures.com | - | |
Impact investments are made to improve lives of disadvantaged communities. | – | ivpsm.org.mx | Mexico City, Mexico | |
LatinLeap is focused on connecting tech businesses to Latin America. | – | latinleap.vc | - |
Investor details for Magneto
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Co-investor network
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People of Magneto
9 people are tracked at Magneto (2 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
Pablo Arango | Co-Founder | Leadership |
Alejandro Arango Mesa | CEO | Leadership |
Angie Paola Corredor Pinilla | Human Resources And Tech Consultant | Team |
Carolina Viana Montoya | Customer Success Junior | Team |
Julia Gonzalez Vasquez | Líder De Marketing B2b Y Nuevos Negocios | Team |
Laura Vargas Cruz | Responsable Paid Media | Team |
Camilo Avendaño | Líder Cs-hr Tech | Team |
Laura Herrera Caro | Directora De Asuntos Corporativos | Team |
Carolina Rodríguez Sáenz | Gerente De Negocio RH Technology | Team |
Complete people profiles for Magneto
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Magneto
2 dated milestones of Magneto across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Magneto is founded.
- Funding First funding round of $7.0M.
Competitors of Magneto
Magneto has 9 listed competitors in our database, 2 of them funded. They include LinkedIn, Talent.com, Hunty, Dream Jobs and Wiwo, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| linkedin.com | 2003 | Sunnyvale, United States | $144.41M | 12,239 | Professional networking, job recruitment, and career tools are provided. | |
| talent.com | 2019 | Montreal, Canada | $159.94M | – | An online job board for multi-industry vacancies is operated. | |
| hunty.com | 2006 | Bogota, Colombia | – | – | Online job board for multi-industry job matching is provided. | |
| dreamjobs.com.co | 2014 | Bogota, Colombia | – | – | Job board | |
| wiwo.com.co | 2020 | Colombia | – | – | Functions as an online job board platform for various industries. | |
| eltrabajodeseado.com | 2016 | Barranquilla, Colombia | – | – | An online job board platform connecting candidates with opportunities across various industries. | |
| globedesk.one | 2017 | Bogota, Colombia | – | – | Offers recruitment, PEO, EOR, relocation, and nearshore services for businesses worldwide. | |
| techfetch.com | 2007 | Ashburn, United States | – | – | Recruiters and candidates are matched via a unified talent platform. | |
| empleobilingue.com | 2023 | Medellin, Colombia | – | – | Online platform for bilingual job searches, postings, and resume uploads. |
Detailed competitors of Magneto
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Magneto
The website of Magneto (magneto365.com) receives about 3.7M visits a month and ranks #18,971 among all websites worldwide, #222 in Jobs and Employment.
- Monthly visits3.7M
▲ 54.6% vs previous month
- Unique visitors753.9K
per month
- Global rank#18,971
among all websites
- Category rank#222
Jobs and Career · Jobs and Employment
- Bounce rate38%
- Pages per visit5.8
- Average visit5 min 31 sec
- DevicesDesktop 43% · Mobile 57%
Websites whose visitors overlap most with Magneto. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
elempleo.com | elempleo.com | 100% | – | #11,768 | – |
| jobleads.com | 80% | 10.7M | #9,195 | View details | |
opcionempleo.com.co | opcionempleo.com.co | 78% | – | #330,136 | – |
serviciodeempleo.gov.co | serviciodeempleo.gov.co | 78% | – | #23,552 | – |
buscadordeempleo.gov.co | buscadordeempleo.gov.co | 76% | – | #141,371 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Magneto
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
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Top companies in HR & Workforce Technology
10 companies that operate in the same segment as Magneto (HR & Workforce Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | – | 1,695 | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Reward-based crowdfunding is facilitated for content creators and musicians. | 2013 | San Francisco, California, United States | USD 412.1 M | – | 1,218 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | 1,746 | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 21,000 | |
Businesses are connected with freelancers via an online marketplace. | 1999 | San Francisco, California, United States | USD 140 M | USD 787.78 M | 600 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 473.73 M | – | 3,902 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 |
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Related news about Magneto
Complete news archive for Magneto
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Frequently Asked Questions about Magneto
Magneto was founded in 2017 and raised its 1st funding round 7 years after it was founded.
Magneto is headquartered in Medellin, Colombia. It is registered at Medellin, Antioquia, Colombia.
Magneto is a funded company, having raised a total of $7M across 1 funding round to date. The company's 1st funding round was a Seed of $7M, raised on May 2024.
A digital platform for job seekers to find employment opportunities is provided by Magneto. Recruitment software for small and medium-sized enterprises is also offered. The company operates within the HR technology sector, connecting job seekers with leading companies in Colombia. Advanced tools and AI are utilized to assist businesses in talent acquisition. Services include job postings, candidate evaluations, and digital selection processes. Focus is placed on enhancing labor market access and supporting career development.
Magneto's top competitors include LinkedIn, Talent.com and Hunty.
Magneto offers Job Platform and Recruitment Software.
Magneto operates through Magneto Global S.A.S..
Yes. Magneto publishes Magneto: ofertas de empleo, with over 500,000 downloads.
The website of Magneto receives about 3.7 million visits a month and ranks #18,971 among all websites worldwide.