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Magnetic - About the company

Magnetic is an acquired company based in New York City (United States), founded in 2008 by Joshua Shatkin-Margolis. It operates as a Search retargeting platform. Magnetic has raised $47.8M in funding from Edison Partners and CRV. The company has 1422 active competitors, including 233 funded and 165 that have exited. Its top competitors include companies like Klaviyo, Rokt Technologies and Riskified.

Company Details

Magnetic is a search retargeting company that uses search data queries and its own real-time-bidder to buy audiences who have signaled either interest or purchase intent. Advertisers can engage users outside the search engine with creative messages. Also provides ecommerce sites, new sites and social network retargeting solution. Acquired Cognitive Match (May, 2014), a retargeting technology company which enabled marketers to build real-time ads based on product feeds, keywords, audience intent etc. Merged with Mybuys in May 2015.
Social
X
Email ID
*****@magnetic.com
Key Metrics
Founded Year
2008
Location
New York City, United States
Stage
Acquired
Total Funding
$47.8M in 5 rounds
Latest Funding Round
Ranked
Employee Count
109 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Deloitte (Sep 10, 2018)

Magnetic's acquisition details

Magnetic got acquired by Deloitte on Sep 10, 2018.
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Magnetic's funding and investors

Magnetic has raised a total funding of $47.8M over 5 rounds. Magnetic has 15 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Magnetic:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 29, 2017
8610664
Series C
3886531
3987493
1609286
5612449
May 20, 2015
9432518
Series C
2352855
7702120
7876906
Jun 07, 2012
4265312
Series B
2969735
4075231
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Magnetic's founders and board of directors

Founder? Claim Profile
The founders of Magnetic is Joshua Shatkin-Margolis.
Here are the details of Magnetic's key team members:

Magnetic's employee count trend

Magnetic has 109 employees as of Aug 26. Here is Magnetic's employee count trend over the years:
Employee count trend for Magnetic
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Magnetic's Competitors and alternates

Top competitors of Magnetic include Klaviyo, Rokt Technologies and Riskified. Here is the list of Top 10 competitors of Magnetic, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Klaviyo
Klaviyo
2012, Boston (United States), Public
SaaS-based e-mail marketing software solutions for e-commerce businesses
$778M
82/100
2nd
Personalized marketing tools for e-commerce businesses
$488M
73/100
3rd
Logo for Riskified
Riskified
2013, New York City (United States), Public
AI-based payment fraud prevention solutions for e-commerce solution
$232M
73/100
4th
Logo for CommerceIQ
CommerceIQ
2012, Mountain View (United States), Series D
Provider of unified AI platform for retail ecommerce sales and optimization
$196M
71/100
5th
Logo for Signifyd
Signifyd
2011, Palo Alto (United States), Series E
Provider of fraud prevention and payment validation for online retailers
$394M
70/100
6th
Logo for Magnetic
Magnetic
2008, New York City (United States), Acquired
Search retargeting platform
$47.8M
70/100
7th
Logo for AdRoll
AdRoll
2006, San Francisco (United States), Series C
E-commerce marketing platform for brands and agencies with personalized advertising solutions.
$89M
69/100
8th
Logo for Bango
Bango
1999, Cambridge (United Kingdom), Public
Provider of marketing solutions for e-commerce businesses
-
68/100
9th
Logo for Nitro Commerce
Nitro Commerce
2023, Gurugram (India), Series A
Developer of software tools for managing online commerce business operations
$6.95M
68/100
10th
Logo for Monetate
Monetate
2008, Philadelphia (United States), Acquired
Platform offering end to end personalized solution for businesses
$43.9M
67/100
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Magnetic's Investments and acquisitions

Magnetic has made 2 investments in companies including RentoMojo and Pluto. Magnetic has also acquired 5 companies including MyBuys and Cognitive Match.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Feb 21, 2024
Investments
2014
Bengaluru (India)
Feb 07, 2024
Investments
2021
Copenhagen (Denmark)
May 20, 2015
Acquisition
2006
San Mateo (United States)
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Reports related to Magnetic

Here is the latest report on Magnetic's sector:

News related to Magnetic

lockFilter this list
Media has covered Magnetic for 1 event in last 1 year, It was about company updates.
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