About Magswitch
Magswitch is a company based in Lafayette (United States) founded in 2004. It offers tools for welding, fabrication, automation and manufacturing purposes. Magswitch has raised $1.02 million across 2 funding rounds from investors including Carmelina Capital Partners. Its chief executive, as recorded, is David Morton. Its website magswitch.com draws about 22 thousand monthly visits. Magswitch offers products and services including Magnetic Lifting Systems and Automation Tools. Its legal entity is Magswitch Technologies.
Company details
Magswitch was founded in 2004 and is headquartered in Lafayette, United States. Operations focus on the development and supply of magnetic tools used in welding, fabrication, automation, and manufacturing sectors. Products are designed to enhance efficiency in industrial applications, with distribution serving various global markets. Leadership is provided by CEO David Morton, overseeing strategic growth in the tooling industry.
- Total Equity Funding$1.02M (USD)
in 2 rounds
- Investors
Products & Services of Magswitch
Magswitch offers a comprehensive portfolio of products and services, including Magnetic Lifting Systems and Automation Tools.
Magnetic lifting systems are provided for heavy lifting applications in manufacturing and shipbuilding, which contribute to safer material handling processes.
Automation tools are supplied for robotic end-of-arm tooling and pick-and-place operations, which are utilized in automotive and industrial settings.
Apps and channels of Magswitch
its YouTube channel Magswitch Technologies has 2.67K subscribers and 30 videos.
Videos from Magswitch
The most watched videos on Magswitch's YouTube channel, Magswitch Technologies (2.67K subscribers). Click a video to play it here.
More on Magswitch Technologies.
Funding Insights of Magswitch
Magswitch has successfully raised a total of $1.02M across 2 strategic funding rounds. 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 $1.02M
- Total Rounds 2
- First Round $1.02M
(Jul 2009)
- Investors Count 1
All 2 funding rounds of Magswitch 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 2022 | Series A | – | Carmelina | – | |
| Jul 2009 | $1.02M | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in Magswitch
Magswitch has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Carmelina Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Carmelina Capital Partners is engaged in providing equity partnerships and strategic guidance to founder-led and family-owned businesses. | carmelina.com | Los Angeles, United States |
Investor details for Magswitch
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Magswitch
13 people are tracked at Magswitch (6 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
David Morton | CEO | Leadership |
Thomas Slawnyk | VP Of Sales - The Americas | Leadership |
Joseph Cyrek | President - Magswitch Automation Company | Leadership |
Durgesh Singh | Chief Operating Officer | Leadership |
Stephen W. Meinhardt | Director Of Sales And Engineering - Heavy Lifting Solutions | Leadership |
Cengiz Kizilkan | President Global Sales Automation | Leadership |
Ray Pachuta | Business Development Manager | Team |
Ethan Pemberton | Technical Solutions Engineer | Team |
Gregory Korn | Senior Sales Manager | Team |
Nicholas D'Elia | Account Manager | Team |
Michael Blanchard | Senior Engineering And Systems Manager | Team |
Tanmay Kulkarni | Global Operations Manager | Team |
Randy Tackett | Key Account Manager, Automation | Team |
Complete people profiles for Magswitch
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
Verified entity values are shown only after access is granted.
Timeline of Magswitch
3 dated milestones of Magswitch across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Magswitch is founded.
- Funding First funding round of $1.0M.
- Funding Latest funding round, Series A,.
Web traffic of Magswitch
The website of Magswitch (magswitch.com) receives about 21.7K visits a month.
- Monthly visits21.7K
▼ 7.9% vs previous month
Websites whose visitors overlap most with Magswitch. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
chandcompany.in | chandcompany.in | 100% | #1,580,752 | – | |
| thomasnet.com | 100% | 737.1K | #63,606 | View details | |
| magnetics.com | 90% | 17.6K | #1,331,583 | View details | |
| steelmax.com | 84% | 13K | #1,884,251 | View details | |
gasbarre.com | gasbarre.com | 73% | #4,848,087 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Magswitch
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 11 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Magswitch
Magswitch was founded in 2004 and raised its 1st funding round 5 years after it was founded.
Magswitch is headquartered in Lafayette, United States. It is registered at Lafayette, Louisiana, United States.
David Morton is the CEO of Magswitch, as recorded in our data.
Magswitch is a funded company, having raised a total of $1.02M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.02M, raised on Jul 2009.
Magswitch was founded in 2004 and is headquartered in Lafayette, United States. Operations focus on the development and supply of magnetic tools used in welding, fabrication, automation, and manufacturing sectors. Products are designed to enhance efficiency in industrial applications, with distribution serving various global markets. Leadership is provided by CEO David Morton, overseeing strategic growth in the tooling industry.
Magswitch offers Magnetic Lifting Systems and Automation Tools.
Magswitch has 1 investor. Key investors include Carmelina Capital Partners.
Magswitch operates through Magswitch Technologies.