
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 company software, data stores, and ERP systems to handle email, data search, and processing of large volumes of files. Magentic is a B2B SaaS AI agent platform built on OpenAI models and other AI technologies, emphasizing safety, transparency, and enterprise-grade security (SOC 2, ISO 27001, GDPR). The company uses a no-cure-no-pay pricing model and targets global manufacturers and procurement organizations seeking measurable, fast ROI.

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 company software, data stores, and ERP systems to handle email, data search, and processing of large volumes of files. Magentic is a B2B SaaS AI agent platform built on OpenAI models and other AI technologies, emphasizing safety, transparency, and enterprise-grade security (SOC 2, ISO 27001, GDPR). The company uses a no-cure-no-pay pricing model and targets global manufacturers and procurement organizations seeking measurable, fast ROI.
Product: AI agent platform deploying "Mages" to automate procurement and supply‑chain workflows
Target market: Global manufacturers and procurement organizations
Funding: $5.5M seed (Jul 22, 2025) led by Sequoia Capital
Founders: Robin Aeken (CEO) and Odhran O'Donoghue (CTO)
Pricing: No‑cure‑no‑pay model focused on measurable ROI
Security & compliance: SOC 2, ISO 27001, GDPR; human‑in‑the‑loop controls
Supply chain and procurement inefficiencies in manufacturing (missed discounts, billing errors, contract/transactional document issues).
2024
Data and Analytics
$5.5M
Other investors include First Momentum Ventures and The Westly Group
“Seed round led by Sequoia Capital with participation from First Momentum Ventures and The Westly Group”
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We’re looking for a Front-end Engineer who’s excited to help define how people at the world’s largest companies to work with AI day to day. At Magentic, you’ll shape the core product experience for enterprise users as they collaborate with AI agents that run real to achieve things that they currently can’t imagine are possible.
We’re pushing the boundaries of AI with next-generation agentic systems that can manage entire procurement workflows. Our mission is to make global manufacturing supply chains robust to an ever-changing world - that’s a $3tn market opportunity.
If that’s not exciting enough - we’re backed by world-class investors including Sequoia Capital, and you’d be working along a super talented team which brings together expertise from OpenAI, Meta, Revolut, NASA and McKinsey (and that’s just the first 11 people!).
What You’ll Do
You Might Be a Great Fit if You
Bonus Points
Compensation And Benefits At Magentic, we recognise and reward the talent that drives our success. We offer: