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Magnit Logo
Magnit Growth Score
82
CB Rank
57665
Heat Score
92
Magnit provides services for workforce classification, process outsourcing, and consultant consolidation.
Founded
obfuscation
Private Folsom, California, United States1001-5000 magnitglobal.com/
Consulting
Human Resources
Overview

Magnit
Growth Score
82
Heat Score
92

Growth Score82
-2 pts
in past quarter
Heat Score 92
12 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 Magnit

CB Rank
57665
Magnit provides services for workforce classification, process outsourcing, and consultant consolidation.
Founded
obfuscation
Private Folsom, California, United States1001-5000 magnitglobal.com/
Consulting
Human Resources

Details

Legal Name Magnit Global Solutions, Inc.
Operating Status Active
Company Type For Profit
Predictions & Insights

Growth Insight

See this Growth Insight
Magnit is
Lorem
 to be growing
Top Contributing Factors
Operations Contraction

Growth Prediction

See this Growth Prediction
Top Contributing Factors
Key Employee Changes

Products & Services

Managed Service Provider (MSP)
A service that develops and manages strategies and processes for selecting and managing contingent workforce.
Employer of Record (EOR)
A service that handles compliant employment, payroll, and related administrative tasks for contingent workers.

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Financials

Investments

Number of Acquisitions 1

Investment Breakdown

Number of Acquisitions 1
Market Intelligence
People
View Profiles & Contacts
Headcount 1001-5000 Contacts 2,296
News

News and Press

News•Jun 23, 2026
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News•Jun 23, 2026
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News•Jun 17, 2026
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News•Jun 15, 2026
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Access a complete feed of recent news and press, from product launches to leadership changes.
Technology
View Tech Report

Monthly Web Visits

245,771
-11.8%
 in past month

IT Spend

$69.7MThis year, Magnit is projected to spend $69.7M on IT, according to Aberdeen.

Interest Signals

TopicSurge Score
Attended Payment Terminal Logo
Attended Payment Terminal
100
Voodoo Logo
Voodoo
100
Case Management Logo
Case Management
100

Actively Used Products

9Magnit uses 9 technology products and services including HTML5, Google Analytics, and  Google Tag Manager, according to G2 Stack.

Active Website Tech Count

54Magnit is actively using 54 technologies for its website, according to BuiltWith. These include DNSSEC, LetsEncrypt, and  Mobile Non Scaleable Content.

Total IP

31The intellectual property of Magnit includes 4 registered patents primarily in the 'Computing; Calculating' category, according to IPqwery. Additionally, Magnit has registered 27 trademarks with the most popular class being 'Advertising; business', according to IPqwery.
Sub-Organizations
Frequently Asked Questions

Where is Magnit's headquarters? Magnit is located in Folsom, California, United States.Who are Magnit's competitors? Alternatives and possible competitors to Magnit may include Ontop, Routable, and  Workspend.
Who We Are
What We Do
Helpful Links
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