Magnet revenue hit $57.9k in 2023
Magnet generates revenue per employee $29K
Magnet
Ahmedabad, Gujarat, India
How Magnet hit $57.9K revenue and 2 person team in 2023.
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
| 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 customers.
Lifetime Months
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Magnet Board of Directors
| Name | Position | Working Email | Personal Email |
|---|
Magnet Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Tanmay Desai | CEO | - | - |
Magnet Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| 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 raised $0.
How many employees does Magnet have?
Magnet has 2 employees.
Where is Magnet headquarters?
Magnet is headquartered in India
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