About Magnify
Magnify is a company based in Seattle (United States) founded in 2018. It operates as a AI-as-a-Service and SaaS (Software-as-a-Service). Magnify has raised $12 million across 2 funding rounds from investors including Madrona, Decibel and Bill Richter. The company has 9 employees as of December 31, 2022. Magnify offers products and services including Magnify AI Solution. Magnify operates in a competitive market with competitors including Brightback, SilkChart, Upollo, UrbanFox and Cultos, among others.
- Headquarter Seattle, United States
- Employees 9 as on 31 Dec, 2022
-
Sectors
Technology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$12 M (USD)
in 2 rounds
-
Latest Funding Round
$6 M (USD), Seed
Feb 09, 2024
-
Investors
Madrona
& 6 more
-
Employee Count
9
as on Dec 31, 2022
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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.
People of Magnify
Unlock access to complete
Unlock access to complete
Leadership Team
3 people
Software Development Team
3 people
Sales and Marketing
3 people
Board Team
1 people
Unlock access to complete
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.
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.
|
Locked | Locked | Locked | |
|
Decibel is focused on investing in technical software startups.
|
Locked | Locked | Locked | |
|
BR
Bill Richter |
Angel investor and tech executive, focusing on Indian startups and global tech.
|
Locked | Locked | Locked |
Investor details for Magnify
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Magnify
Investment portfolio details for Magnify
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 - Magnify
Detailed financials for Magnify
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Magnify Comparisons
Peer comparison for Magnify
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Magnify
Magnify 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 Brightback, SilkChart, Upollo, UrbanFox and Cultos, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Customer retention and churn management are enabled by Brightback's software.
|
|
| Locked | Locked | Locked |
Offering customer retention solutions
|
|
| Locked | Locked | Locked |
Conversion rate optimization solutions are delivered via the Upollo platform.
|
|
| Locked | Locked | Locked |
AI-enabled analytics platform for sales and customer retention
|
|
| Locked | Locked | Locked |
Loyalty and influencer marketing services are provided by Cultos.
|
Detailed competitors of Magnify
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Magnify
Complete news archive for Magnify
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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.
As of Dec 31, 2022, the latest employee count at Magnify is 9.
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 UrbanFox, SilkChart and Brightback.
Magnify offers Magnify AI Solution.