Key facts
- It has raised $500K.
- Notable investors include Y Combinator, Transpose Platform Management, Orange Collective, Camford Capital, Formus Capital — 6 tracked in total.
- Status: Privately Held (backing).
- ·The complete investor list — 6 names
- ·Watchlist + deal alerts for Magnetic
- ·The full record, as it builds
Funding rounds
No funding rounds for Magnetic are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.
About Magnetic
Developer of a tax automation platform designed to automate the tax preparation process by accurately extracting and organizing tax data. The company's platform reduces manual data entry time and minimizes errors in tax preparation, and offers AI-powered document recognition, easy integration with tax software, and centralized workpaper management, enabling accounting firms to improve accuracy, save time, and focus on higher-value tasks.
- Sector
- Information Technology
- HQ
- San Francisco, CA, United States
- Founded
- 2024
- Employees
- 7
- Website
- magnetictax.com/
- Ownership
- Privately Held (backing)
Magnetic doesn't have a composite mark yet — a PA Mark is published once enough pricing inputs exist (trade prints, fund marks, round prices). The rest of the record below builds toward it.
Recorded secondary trades
No secondary trades in Magnetic shares have been recorded yet. When a print lands — third-party, direct report, or platform — it appears here with structure, source, and price.
Institutional fund marks
No SEC-registered fund has reported a fair-value mark on Magnetic in its N-PORT filings yet. We sweep new filings monthly.