Magnit

Folsom, United States
Magnit is recognized as a leader in contingent workforce management.
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors - Known backers
Products 5 Services tracked
Competitors - Brand Intelligence

About Magnit

Magnit is a company based in Folsom (United States). It operates as a SaaS (Software-as-a-Service) and Managed Services. Magnit has completed 5 acquisitions, including Brainnet, Magnit and PeopleTicker. Magnit offers products and services including Magnit Platform, Managed Service Provider (MSP), Employer of Record (EOR), Vendor Management System (VMS), and Direct Sourcing.

  • Headquarter Folsom, United States
  • Sectors
    Technology
  • Phone
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  • Website
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  • Social
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Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
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  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    Not available
  • Investments & Acquisitions
    Brainnet

    & 4 more

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Products & Services of Magnit

Magnit offers a comprehensive portfolio of products and services, including Magnit Platform, Managed Service Provider (MSP), Employer of Record (EOR), Vendor Management System (VMS), and Direct Sourcing.

Product name locked
Category locked
Primary

An AI-powered platform for workforce management solutions.

Product name locked
Category locked
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Support for navigating contingent workforce management journey.

Product name locked
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Services for hiring contingent talent efficiently worldwide.

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Platform for visionary management of contingent workforce.

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Leverages brand to attract pre-vetted contingent talent.

People of Magnit

Headcount 1000-5000
Employee Profiles 553
Employee Profiles
People
Joyce Barron
Client Services Manager
People
Cole Challender
Sr. Director, Client Services
People
Kelly Graves-Asar
Senior Manager Financial Operations
People
Elijah Bautista
Client Services Consultant

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Funding Insights of Magnit

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Detailed funding history for Magnit

Round names, dates, amounts, investors, and valuation history require an active premium plan.

  • Round names and dates
  • Funding amounts
  • Participating investors
  • Valuation history

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Investments & Acquisitions by Magnit

Magnit has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Brainnet, Magnit and PeopleTicker.

Investments
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Investment portfolio details for Magnit

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.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of talent management services
Locked Locked 2018 Locked
Cloud-based HRMS suite platform is provided for human resources management.
Locked Locked 2014 Locked
Integrated workforce management platform and solutions are provided.
Locked Locked 1999 Locked
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Complete acquisition details for Magnit

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Magnit

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Detailed financials for Magnit

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  • Profit trends
  • Statement rows
  • Financial ratios

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Magnit Comparisons

Magnit Primary company
Description
Magnit is recognized as a leader in contingent workforce man...
Location
Folsom, United States
Founded Year
-
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Magnit

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  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Magnit

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Detailed competitors of Magnit

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Magnit

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Complete news archive for Magnit

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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 Magnit

Magnit is headquartered in Folsom, United States. It is registered at Folsom, California, United States.

Magnit is established as a trusted partner in contingent workforce management, offering an AI-powered, outcome-driven platform. Solutions provided include Managed Service Provider (MSP), Employer of Record (EOR), Vendor Management System (VMS), and Direct Sourcing. Operations span across 130 countries with 20 corporate locations globally. Expertise is applied in sectors like healthcare, technology, and retail, focusing on workforce agility for over 30 years. Comprehensive services are delivered to enhance talent acquisition, diversity, equity, and inclusion.

Magnit offers Magnit Platform, Managed Service Provider (MSP), Employer of Record (EOR), Vendor Management System (VMS), and Direct Sourcing.

Magnit has made 5 acquisitions, including Brainnet, Magnit, and PeopleTicker.

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