Magnet revenue is $57.9k
Magnet team size is 2 employees
Magnet
- Ahmedabad, Gujarat, India
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.
2014
Founded
$57.9K
2022 Revenue
YOY
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
Magnet Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|
Team
Magnet has 2 total employees and 9 sales reps that carry a quota.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 2 |
| Engineer | 50(2500%) |
| Sales | 9(450%) |
| Marketing | 6(300%) |
CEO/Founder
Tanmay Desai
Q&A
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Customers
Magnet has 0 customers.
Lifetime Months
-
x
Monthly ARPU
-
=
Lifetime Dollar
-
Acquisition Cost
-
Average Annual Price
-
Churn
Magnet has an annual churn rate of 0.00%.
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
| Name | Position |
|---|
Magnet Executives
| Name | Position |
|---|---|
| Tanmay Desai | CEO |
Magnet Employees
| Name | Position |
|---|---|
| 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