Magentic logo — The AI Agent Platform for the world’s supply chains.

Magentic

The AI Agent Platform for the world’s supply chains.

Founded 2024 17 employees Series A Total: $18.00M

General Information

Company Name Magentic
Founded Year 2024
Employees 17
Funding Stage Series A
Business Model B2B, Platform, SaaS
Revenue Model Performance Based, Value Based Pricing, Service Fee
Social

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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

Recently Funded Sep 17, 2026

Raised $18M in Series A round.

In The News Sep 17, 2026

Featured on Tech: Magentic raises $18M to automate industrial operations with AI agents

About Magentic

Magentic, established in 2024, is emerging as a transformative player in the global supply chain sector. Their unique proposition centers around their enterprise-grade AI Agent Platform designed to optimize performance across worldwide supply chains. With their slogan, "The AI Agent Platform for the world’s supply chains," they highlight a clear focus on efficiency and cost savings.

The platform leverages AI teammates, aptly named “Mages,” to pinpoint and execute P&L savings opportunities, potentially providing significant operational advantages for global manufacturers. Despite its recent inception, Magentic is poised to address key pain points within this expansive industry.

Currently, details on its headquarters location, industry categorization, and past investment activities are unavailable. However, the absence of a reported investment round suggests that Magentic could represent an untapped opportunity for investors seeking innovation in supply chain management.

Taxonomy: AI Agent Platform, Enterprise Software, P&L Savings, Global Manufacturing, AI Teammates, Mages, Operational Efficiency, Cost Reduction, Automation in Supply Chains, AI-driven Solutions, Profitability Enhancement, Digital Transformation, Industrial Artificial Intelligence

Services & Products

AI Agent Platform
Supply Chain Savings Identification
Procurement Process Automation
Real-time Data Analysis

Target Customers

Global Manufacturers Fortune 500 Companies Procurement Teams Logistics and Production Managers

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $18.00M 3
The Westly Group, Felicis +1
17 Sep 2026

Magentic Alternatives & Competitors

Magentic vs
Tacto
Tacto Germany

Stronger AI. Stronger Procurement. Stronger Company. Stronger Future.

Series A
163 employees
AI, Enterprise Software
Magentic vs
doFlo
doFlo United States

become more.

Seed
6 employees
Magentic vs
Sigga Technologies
Sigga Technologies United States

Leading Mobile Digital Transformation

Private Equity
232 employees
Developer Tools, Information Technology

FAQ About Magentic

The AI Agent Platform for the world’s supply chains.
Magentic was founded in 2024.
Magentic has a B2B, Platform and SaaS business model. Its revenue comes from Performance Based, Value Based Pricing and Service Fee.
Magentic has approximately 17 employees.
Magentic has completed 1 funding round, raising a total of $18.00M. The latest funding stage is Series A.
Magentic offers: AI Agent Platform, Supply Chain Savings Identification, Procurement Process Automation, Real-time Data Analysis.
Top alternatives and competitors to Magentic include Tacto, doFlo, Sigga Technologies, ChefsList, Supermove. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Magentic and Tacto are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Magentic, https://bouncewatch.com/company/magentic, updated 17 September 2026. When citing, please name BounceWatch and link this page.

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