Magentic is developing a platform powered by AI agents, known as 'Mages', to optimize global supply chains and procurement processes. These agents integrate fully with procurement and supply chain departments, automating tasks like contract review and data management to identify significant savings opportunities.
Investment Rounds
Capital activity and funding progression
Frequently Asked Questions
Where is Magentic located?
Magentic is located in Unspecified, Unspecified.
What industries does Magentic operate in?
Magentic operates in the following industries: Artificial Intelligence, Supply Chain Management, Procurement Technology.
When was Magentic founded?
Magentic was founded on 2025-07-25.
How much total funding has Magentic raised?
Magentic has raised a total of $11,000,000.
Who are the investors in Magentic?
The investors in Magentic are: Sequoia Capital, The Westly Group, First Momentum Ventures, Angel Investors, First Momentum, Westly Group.
Who are the founders of Magentic?
The founders of Magentic are: John Doe, Robin Van Aeken, Odhran O'Donoghue.