Magnetic
PrivateLast Round
Pre Seed
Jul 1, 2025
Total Funding Raised
$500,000
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Magnetic operates in Enterprise Software and is based in San Francisco, California. Its latest recorded funding round was a Pre Seed round in July 2025.
Magnetic is a financial software company that provides an AI-powered platform to automate the tax preparation process for CPA firms by scanning and extracting data from client documents directly into tax software.
Sector
Enterprise Software
Verticals
Accounting & Expense, Workflow Automation, Document Management, NLP & Conversational AI
Business Model
B2B
Customer Profile
Usage-Based SaaS, Subscription SaaS
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Magnetic Comparables
Compare Magnetic with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Filed | 87% | |
| Byron | 87% | |
| Black Ore | 86% |
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Magnetic Funding Rounds
Historical fundraising activity
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Magnetic Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Orange Collective | Pre Seed |
| Y Combinator | Pre Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jul 26, 2026
Monthly visitors increased 44% MoM.
- Mar 25, 2026
Grew 75% QoQ from 4 to 7 employees.
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Magnetic Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Magnetic's valuation, stock price, and market status.
Is Magnetic a public or private company?
Magnetic is a private company.
What is the current stock price of Magnetic?
Magnetic is a private company, so its shares have no public market price. Caplight tracks Magnetic's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Magnetic worth (valuation)?
Valuation information for Magnetic is not publicly available.
Can I buy Magnetic stock?
Magnetic shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Magnetic's last funding round?
Magnetic's most recent funding round was Pre Seed on July 1, 2025.
Who are the main investors in Magnetic?
Key investors in Magnetic include Y Combinator.
Will Magnetic IPO soon?
No public IPO plans have been announced for Magnetic.
How can I track Magnetic secondary market activity?
Caplight tracks bids, offers, and trades in Magnetic's shares on secondary markets.