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Magnet revenue is $57.9k

Magnet team size is 2 employees


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Magnet

- Ahmedabad, Gujarat, India

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How Magnet hit $57.9K Revenue

Developer of a wearable device designed to help users in nonverbal communication. The company's wearable device comes in pairs and can be paired to smartphones through a Bluetooth low energy application and the connection begins with one tap that triggers the partnered device to vibrate and light up, enabling couples to stay physically connected no matter how far they are.

Founded

2014

Founded

Revenue

$57.9K

2022 Revenue

YOY
-----

YOY

Funding
$0.0

Funding


Magnet Revenue

In 2022, Magnet revenue run rate hit $57.9K in revenue.

  • 2021

    Magnet hit $57.9K in revenue in 2021

  • 2014

    Magnet launched in 2014 with $0 revenue

$57.9K

Magnet Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

    FUNDING DATEROUNDAMOUNTVALUATION

    Team

    Magnet has 2 total employees and 9 sales reps that carry a quota.

    2021
    DISTRIBUTIONQTY
    Total team size
    2
    Engineer
    50(2500%)
    Sales
    9(450%)
    Marketing
    6(300%)

    CEO/Founder

    Tanmay Desai

    Q&A

    What`s your age?

    -

    Favorite online tool?

    -

    Favorite book?

    -

    Favorite CEO?

    -

    Advice for 20 year old self

    -


    Customers

    Magnet has 0 customers.

    Lifetime Months

    -

    x

    Monthly ARPU

    -

    =

    Lifetime Dollar

    -

    Acquisition Cost

    -

    Average Annual Price

    -

    $0$0024681012
    $0$0024681012

    Churn

    Magnet has an annual churn rate of 0.00%.

    -100-500%50100

    Gross Annual Dollar Churn

    -0.00%

    Annual Dollar Expansion

    0.00%

    Net Revenue Retention

    0.00%


    About Magnet

    Monthly Revenue

    $4.8K

    -

    Total Expenses

    $0.0

    =

    Net Income

    $0.0

    EBIDTA Margin

    0.0%

    +

    YOY Growth

    0.0%

    =

    Rule of 40

    0


    Magnet Board of Directors

    NamePosition

    Magnet Executives

    NamePosition
    Tanmay Desai CEO

    Magnet Employees

    NamePosition
    Tanmay Desai CEO

    Frequently Asked Questions about Magnet

    When was Magnet founded?

    Magnet was founded in 2014.

    How much revenue does Magnet generate?

    Magnet generates $57.9K in revenue.

    Who is the CEO of Magnet?

    The CEO of Magnet is Tanmay Desai.

    How much funding does Magnet have?

    Magnet was raised $0.

    How many employees does Magnet have?

    Magnet has raised 2 employees.

    Where is Magnet headquarters?

    Magnet headquater is at India