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Magnet revenue hit $57.9k in 2023

Magnet generates revenue per employee $29K

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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.

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

    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?

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    Favorite online tool?

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    Favorite book?

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    Favorite CEO?

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    Advice for 20 year old self

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    Customers

    Magnet has customers.

    Lifetime Months

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    x

    Monthly ARPU

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    =

    Lifetime Dollar

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    Acquisition Cost

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    Average Annual Price

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    $0024681012
    $0024681012

    $ Funding$ Revenue

    Magnet Board of Directors

    NamePositionWorking EmailPersonal Email

    Magnet Executives

    NamePositionWorking EmailPersonal Email
    Tanmay Desai CEO--

    Magnet Employees

    NamePositionWorking EmailPersonal 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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