Magenta - About the company
Magenta is a funded company based in El Segundo (United States), founded in 2025. It operates as a Developer of an AI platform automating manufacturing documentation and workflows. The company has 77 active competitors, including 10 funded and 9 that have exited. Its top competitors include companies like PTC, Aras and One Click LCA.
Company Details
Developer of an AI platform automating manufacturing documentation and workflows. The platform automates tasks such as supplier data package reviews, certificate of conformance generation, and accounts payable processing. It also facilitates non-conformance reviews, work instruction generation, and failure mode and effects analysis documentation. The platform integrates with existing manufacturing execution, enterprise resource planning, and product lifecycle management systems. It offers features such as version control, audit trails, and issue identification.
Key Metrics
Founded Year
2025
Location
El Segundo, United States
Stage
Funding Raised
Investors
Ranked
54th among 77 active competitors
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Magenta's funding and investors
Magenta is a funded company. Magenta has 1 institutional investor.
View details of Magenta's funding rounds and investors
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Magenta's Competitors and alternates
Top competitors of Magenta include PTC, Aras and One Click LCA. Here is the list of Top 10 competitors of Magenta, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | PTC 1985, Boston (United States), Public | Provider of software for product lifecycle management, CAD, IoT, and service | - | 73/100 | |
2nd | Aras 2000, Andover (United States), Series E | Low code platform offering software to build applications and a PLM software | $139M | 65/100 | |
3rd | One Click LCA 2001, Helsinki (Finland), Late Stage | Provider of lifecycle assessment software for construction and manufacturing industries | $43.8M | 61/100 | |
4th | Centric Software 1997, Los Gatos (United States), Acquired | Platform offering software product lifecycle management software | $80.9M | 57/100 | |
5th | Provider of PLM and SAP implementation services | - | 53/100 | ||
6th | Foundation EGI 2023, Los Altos (United States), Series A | Provider of AI-powered platform for hardware engineering | $30.6M | 48/100 | |
7th | Arevo 2013, Santa Clara (United States), Deadpooled | Provides product lifecycle management software | $70.8M | 47/100 | |
8th | PROLIM 2005, Farmington Hills (United States), Unfunded | Product lifecycle management services | - | - | 46/100 |
9th | Siemens PLM Software 1963, Plano (United States), Unfunded | Developer of software for product life cycle management | - | - | 41/100 |
10th | EcoChain 2011, Amsterdam (Netherlands), Series A | Provider of software for product footprinting, environmental product declarations, and LCAs | $5.52M | 41/100 | |
54th | Magenta 2025, El Segundo (United States), Funding Raised | Developer of an AI platform automating manufacturing documentation and workflows | - | 22/100 |
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Magenta's Investments and acquisitions
Magenta has made no investments or acquisitions yet.
Reports related to Magenta
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