About Magnify
Magnify is a Technology company based in Seattle (United States) founded in 2018. AI-based solutions for customer retention and experience optimization are provided. It operates on a AI-as-a-Service and SaaS (Software-as-a-Service) model. Magnify has raised $12 million across 2 funding rounds from investors including Madrona, Decibel and Bill Richter. The company has 9 employees. Its website magnify.io draws about 24 thousand monthly visits. Magnify offers products and services including Magnify AI Solution. Its focus areas include Software and AI Solutions. Its competitors include Brightback, SilkChart and Cultos; 2 of its 3 listed competitors have raised funding.
Company details
Magnify is established as a prominent provider of AI solutions tailored for Go-To-Market (GTM) teams. The company focuses on enhancing revenue growth, expanding product adoption, and reducing churn through automation and actionable insights. Solutions are designed to integrate seamlessly with existing systems, enabling scalable customer engagement and efficient lifecycle management. Key sectors served include technology and customer success, with an emphasis on driving product-led growth and optimizing digital customer success programs without increasing headcount.
- Headquarters Seattle, United States
- Employees 9
- SectorsTechnology
- Email••••••••
- Website magnify.io
- Social LinkedIn
- Total Equity Funding$12M (USD)
in 2 rounds
- Latest Funding Round$6M (USD), Seed
Feb 2024
- InvestorsMadrona
& 6 more
- Employee Count9
Products & Services of Magnify
Magnify offers a comprehensive portfolio of products and services, including Magnify AI Solution.
AI solution is used for revenue growth automation.
Funding Insights of Magnify
Magnify has successfully raised a total of $12M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $6 million completed in February 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 $12M
- Total Rounds 2
- Last Round Seed — $6M
- First Round $6M
(Nov 2021)
- Investors Count 7
All 2 funding rounds of Magnify 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 |
|---|---|---|---|---|---|
| Feb 2024 | $6M | Seed | – | – | – |
| Nov 2021 | $6M | Seed | – | Madrona Venture Group |
7 investors in total: 2 institutional and 5 angel.
Investors in Magnify
Magnify has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Madrona, Decibel and Bill Richter.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond. | madrona.com | |||
Decibel is focused on investing in technical software startups. | decibel.vc | |||
BR Bill Richter | Angel investor and tech executive, focusing on Indian startups and global tech. | unknown_e9d089642dff45bb9 | ||
CB Christal Bemont | Angel investor and tech executive, former CEO of Pitney Bowes Software | unknown_ffd883afbaa84b66a | ||
EF Elissa Fink | Angel investor, ex-CMO of Tableau Software, supports tech startups | unknown_3c565af601c74af38 | ||
WA Will Arora | unknown_b89d82d04b0d4de9b | |||
JG Jon Gelsey | unknown_ab0705fa23864e878 |
Investor details for Magnify
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Magnify
10 people are tracked at Magnify (6 in leadership, 2 in board & advisors, 2 in team); the tracked headcount is 9.
| Name | Role | Group |
|---|---|---|
Joshua Crossman | CEO & Co-Founder | Leadership |
Mike Saffitz | VP of Engineering | Leadership |
Carolyn Eames | Director Of Sales | Leadership |
Vladislav Semenov | Head Of Sales | Leadership |
Joanna Karas | Executive Business Administrator To CEO | Leadership |
Dan Jeremiah | Head Of Marketing | Leadership |
Steve Singh | Executive Chairman | Board & advisors |
Barry Crist | Board Member | Board & advisors |
Peter McAree | Staff Software Engineer | Team |
Matthew Callis | Senior Software Engineer | Team |
Complete people profiles for Magnify
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Magnify
3 dated milestones of Magnify across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Magnify is founded.
- Funding First funding round of $6.0M.
- Funding Latest funding round, Seed, of $6.0M.
Competitors of Magnify
Magnify has 3 listed competitors in our database, 2 of them funded. They include Brightback, SilkChart and Cultos.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| brightback.com | 2018 | San Francisco, United States | $11M | Customer retention and churn management are enabled by Brightback's software. | ||
| silkchart.com | 2022 | Sacramento, United States | $5.33M | Offering customer retention solutions | ||
| cultos.io | 2021 | San Francisco, United States | Loyalty and influencer marketing services are provided by Cultos. |
Detailed competitors of Magnify
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Magnify
The website of Magnify (magnify.io) receives about 24.2K visits a month.
- Monthly visits24.2K
▲ 92.1% vs previous month
Top companies in Collaboration & Community Tools
3 companies that operate in the same segment as Magnify (Collaboration & Community Tools) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based omnichannel communication and customer engagement platform is utilized. | 2008 | San Francisco, California, United States | USD 239.77 M | USD 5.07 B | 5,540 | |
AI-powered platform manages marketing creatives and customer journeys. | 1982 | San Jose, California, United States | USD 23.77 B | 30,710 | ||
AI powered customer experience management software | 2001 | Pleasanton, California, United States | USD 344.39 M | USD 477.22 M | 5,437 |
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Related news about Magnify
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Frequently Asked Questions about Magnify
Magnify was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Magnify is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Magnify is a funded company, having raised a total of $12M across 2 funding rounds to date. The company's 1st funding round was a Seed of $6M, raised on Nov 2021.
Magnify has 9 employees.
Magnify is established as a prominent provider of AI solutions tailored for Go-To-Market (GTM) teams. The company focuses on enhancing revenue growth, expanding product adoption, and reducing churn through automation and actionable insights. Solutions are designed to integrate seamlessly with existing systems, enabling scalable customer engagement and efficient lifecycle management. Key sectors served include technology and customer success, with an emphasis on driving product-led growth and optimizing digital customer success programs without increasing headcount.
Magnify's top competitors include SilkChart, Brightback and Cultos.
Magnify offers Magnify AI Solution.