
Magentic provides AI teammates called 'Mages' that help supply chain and procurement teams identify and capture P&L savings. The platform deploys AI-powered digital workers that integrate with…

Magentic provides AI teammates called 'Mages' that help supply chain and procurement teams identify and capture P&L savings. The platform deploys AI-powered digital workers that integrate with…
What they do: AI agent platform that deploys autonomous "Mages" to find and capture procurement and supply‑chain cost savings
Business model: B2B SaaS with an outcomes-focused no‑cure‑no‑pay pricing model
Customers / use cases: Global manufacturers and procurement organizations (MRO savings, supplier document error detection)
Recent funding: $5.5M seed round announced July 22, 2025
Founders / leadership: Robin Van Aeken (CEO) and Odhran O'Donoghue (CTO)
Procurement and supply‑chain cost optimization, document and workflow automation for manufacturers
2024
Data and Analytics
$5.5M
Round included participation from First Momentum Ventures and The Westly Group
“Backed by Sequoia Capital, First Momentum Ventures, and The Westly Group”
| Company |
|---|
Your next opportunity is in here somewhere. Sign up to explore 52,000+ startups and their open roles. No spam. No gamification. Just jobs.
52,000+
Startups
66,000+
Open Roles
1,300+
New This Week