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Magentic
The AI Agent Platform for the world’s supply chains
TL;DR
Product: AI agent platform ('Mages') for procurement and supply-chain cost savings
Founded: 2024
Team size: ~30 employees
Latest funding: Seed $5.5M (Jul 22, 2025)
Compliance: SOC 2, ISO 27001, GDPR
Company Overview
Problem Domain
Procurement and supply-chain cost leakage, contract and transaction errors for manufacturers
Founded
2024
Industry
Supply chain / Procurement AI
Funding Track Record
$5,500,000
Other investors include First Momentum Ventures and The Westly Group
Investor Signal
“Participation from Sequoia Capital and specialized investors indicates venture interest in B2B AI for industrial procurement”
Founders
What we do
Join the Team
Startup jobs. A lot of them.
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