Magnet
Ahmedabad, Gujarat, India
2021 Revenue
$57.9K
Team
2
Founded
2014
Magnet Revenue (2021)
Magnet generated $57.9K in revenue in 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.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Magnet Hit $57.9k revenue in April 2021 | Not recorded |
| 2014 | Launched with $0 revenue |
Founder / CEO
Tanmay Desai
CEO
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) | Not recorded |
Frequently Asked Questions about Magnet
Who owns Magnet?
Magnet is owned by ExoMachina, which acquired it.
What is Magnet's revenue?
As of 2021, Magnet generated $57.9K in revenue.
Who founded Magnet?
Magnet was founded by Tanmay Desai.
When was Magnet founded?
Magnet was founded in 2014.
How many employees does Magnet have?
As of 2021, Magnet had 2 employees.
Where is Magnet headquartered?
Magnet is headquartered in Ahmedabad, Gujarat, India.
Compare Magnet to the industry
See how Magnet ranks against the best IoT Management Platforms companies by revenue and funding.
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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