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2023 Revenue

$75.2M

Funding

$0

Team

303

Founded

2022

How Magna CEO Swamy Kotagiri grew to $75.2M revenue with a 303 person team in 2023.

Magna is developing a comprehensive platform designed to revolutionize DeFi (Decentralized Finance) investments by turning them into fundamental financial building blocks. Our inaugural offering, reminiscent of Carta for Web3, enables companies to effectively manage their capitalization tables (cap tables) and distribute token equity to employees, advisors, or investors. This solution not only simplifies but also secures the process of equity management and distribution in the digital age. In addition, Magna is dedicated to creating crypto-native tools specifically designed for fund managers. These tools are intended to streamline and enhance the management of investments in the cryptocurrency space, empowering fund managers with the necessary resources to make informed decisions and optimize their strategies. Through these innovative products, Magna aims to facilitate a more accessible, efficient, and secure DeFi ecosystem for all participants.

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Magna Revenue

In 2023, Magna's revenue reached $75.2M. Since its launch in 2022, Magna has shown consistent revenue growth.

Magna Revenue GrowthReported revenue / ARR over time$0$20M$40M$60M$80M20222023$0$75MSource: GetLatka.com
YearMilestoneQuote
2023Magna Hit $75.2m revenue in December 2023
2022Launched with $0 revenue

Magna Valuation, Funding Rounds

Magna is a bootstrapped SaaS startup. Founded in 2022, Magna has grown to $75.2M in revenue without raising any venture capital or outside funding.

As a self-funded SaaS company, Magna has built its business with no outside investment.

Magna Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12022Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Swamy Kotagiri

Swamy Kotagiri is listed as Founder / CEO at Magna.

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Customers

We do not have customer count information for Magna yet.

Magna Employees & Team Size

Magna employs approximately 303 people as of 2026, up from 294 in 2022.

Magna Team GrowthReported headcount over time07515022530037520222023294294303303Source: GetLatka.com
YearMilestone
2023Reached 303 employees (December 2023)
2022Reached 294 employees (December 2022)

Frequently Asked Questions about Magna

What is Magna's revenue?

Magna generates $75.2M in revenue.

Who founded Magna?

Magna was founded by Swamy Kotagiri.

Who is the CEO of Magna?

The CEO of Magna is Swamy Kotagiri.

How much funding does Magna have?

Magna raised $0.

How many employees does Magna have?

Magna has 303 employees.

Where is Magna headquarters?

Magna is headquartered in United States.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Magna Revenue 2023: $75.2M ARR (Bootstrapped)