Magnet
Ahmedabad, Gujarat, India
Valuation
$173.8K
2021 Revenue
$57.9K
Funding
$0
Team
2
Founded
2014
Magnet Revenue & Valuation (2021)
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.
Last updated
Magnet Revenue
In 2021, Magnet's revenue reached $57.9K. Since its launch in 2014, Magnet has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Magnet Hit $57.9k revenue in April 2021 | |
| 2014 | Launched with $0 revenue |
Magnet Valuation, Funding Rounds
Magnet's most recent disclosed valuation is $173.8K.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Magnet yet.
Magnet Employees & Team Size
Magnet employs approximately 2 people as of 2026, including 9 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 2 employees (April 2021) |
Frequently Asked Questions about Magnet
What is Magnet's revenue?
Magnet generates $57.9K in revenue.
Who founded Magnet?
Magnet was founded by Tanmay Desai.
Who is the CEO of Magnet?
The CEO of Magnet is Tanmay Desai.
How much funding does Magnet have?
Magnet raised $0.
How many employees does Magnet have?
Magnet has 2 employees.
Where is Magnet headquarters?
Magnet is headquartered in Ahmedabad, Gujarat, India.
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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