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Magnetic Logo
Magnetic Growth Score
50
CB Rank
64042
Heat Score
76
Magnetic is an AI tax platform that automates data entry from client documents into tax software with high accuracy.
Founded
obfuscation
PrivatePre-Seed San Francisco, California, United States1-10 www.magnetictax.com
Artificial Intelligence (AI)
FinTech
Software
Overview

Magnetic
Total Funding
obfuscation
Growth Score
50
Heat Score
76

Total Funding
obfuscation
obfuscation
Pre-Seed raised
obfuscation
Growth Score50
-14 pts
in past quarter
Heat Score 76
-11 pts
in past quarter

Company Performance Metrics

Score
Trend
AI Content may contain mistakes and is not legal, financial or investment advice.Learn more.
Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
Learn More >
Recent Milestones
Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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See more interactive data and historical milestones on desktop for the best experience

About Magnetic

CB Rank
64042
Magnetic is an AI tax platform that automates data entry from client documents into tax software with high accuracy.
Founded
obfuscation
PrivatePre-Seed San Francisco, California, United States1-10 www.magnetictax.com
Artificial Intelligence (AI)
FinTech
Software

Funding Rounds

Pre-Seed
OBF
in
obfuscation

Key People

Details

Operating Status Active
Company Type For Profit
Founders  Patrick Fay, Thomas Shelley
Phone Number 1 (415) 870-8949
Contact Email info@magnetictax.com
Predictions & Insights

Growth Prediction

See this Growth Prediction
Top Contributing Factors
Runway Speculation

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Financials

Company Funding

Total Funding Amount 
obfuscation
Number of Funding Rounds 1
Unlock company funding data, including rounds, dates, amounts, and investors.
Announced Date  
Transaction Name  
Number of Investors  
Money Raised  
Lead Investors  
Funding Type  
obfuscation
Pre Seed Round - Magnetic Logo
Pre Seed Round - Magnetic
1
obfuscation
Y CombinatorPre-Seed
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Pre Seed Round - Magnetic Logo
Pre Seed Round - Magnetic
1
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Y CombinatorPre-Seed
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Pre Seed Round - Magnetic Logo
Pre Seed Round - Magnetic
1
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Y CombinatorPre-Seed
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Pre Seed Round - Magnetic Logo
Pre Seed Round - Magnetic
1
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Y CombinatorPre-Seed
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Pre Seed Round - Magnetic Logo
Pre Seed Round - Magnetic
1
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Y CombinatorPre-Seed

Funding Rounds

Total Funding Amount 
obfuscation
Number of Funding Rounds 1
Unlock company funding data, including rounds, dates, amounts, and investors.
Announced Date  
Transaction Name  
Number of Investors  
Money Raised  
Lead Investors  
Funding Type  
obfuscation
Pre Seed Round - Magnetic Logo
Pre Seed Round - Magnetic
1
obfuscation
Y CombinatorPre-Seed
obfuscation
Pre Seed Round - Magnetic Logo
Pre Seed Round - Magnetic
1
obfuscation
Y CombinatorPre-Seed
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Pre Seed Round - Magnetic Logo
Pre Seed Round - Magnetic
1
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Y CombinatorPre-Seed
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Pre Seed Round - Magnetic Logo
Pre Seed Round - Magnetic
1
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Y CombinatorPre-Seed
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Pre Seed Round - Magnetic Logo
Pre Seed Round - Magnetic
1
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Y CombinatorPre-Seed

Investors

Market Intelligence
People
View Profiles & Contacts
Headcount 1-10 Employee Profiles 2 Contacts 1

Employee Profiles

News
Technology
View Tech Report

Monthly Web Visits

582
-61.23%
 in past month

IT Spend

$407.1KThis year, Magnetic is projected to spend $407.1K on IT, according to Aberdeen.

Active Website Tech Count

11Magnetic is actively using 11 technologies for its website, according to BuiltWith. These include Common Crawl, DNSSEC, and  Cloudflare CDN.
Sub-Organizations
Frequently Asked Questions

Where is Magnetic's headquarters? Magnetic is located in San Francisco, California, United States.Who invested in Magnetic? Magnetic is funded by Y Combinator.When was the last funding round for Magnetic? Magnetic closed its last funding round on
obfuscation
from a Pre-Seed round.Who are Magnetic's competitors? Alternatives and possible competitors to Magnetic may include Intuit, Drake Software, and  TaxDome.How much funding has Magnetic raised to date? Magnetic has raised
obfuscation
.
Who We Are
What We Do
Helpful Links
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