Magnetic vs Suma SaaS: Revenue, Funding & Team Size Compared
Magnetic generates $31.2M in revenue; Suma SaaS generates $30.6M. Magnetic and Suma SaaS are close to the same size by revenue. The table below compares Magnetic and Suma SaaS on funding, valuation, customers, team size and headquarters — every figure GetLatka has verified for each company.
| Company |  MagneticThis company |  Suma SaaS |
|---|---|---|
| Revenue | $31.2M | $30.6M |
| Valuation | Not disclosed | $320.8M |
| Funding raised | $400K | Not disclosed |
| Customers | 1K | 20K |
| Team size | 1 | 28 |
| Founded | 2010 | 2015 |
| HQ | South Africa | London, United Kingdom |
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Magnetic at a glance
Magnetic generates $31.2M in revenue with 1 employees, headquartered in South Africa.
- Revenue
- $31.2M
- Funding
- $400K
- Customers
- 1K
- Team size
- 1
- Founded
- 2010
Sales CRM, Project Management & Accounts Management all-in-one.
Suma SaaS at a glance
Suma SaaS generates $30.6M in revenue with 28 employees, headquartered in London, United Kingdom.
- Revenue
- $30.6M
- Valuation
- $320.8M
- Customers
- 20K
- Team size
- 28
- Founded
- 2015
SUMA SaaS is a leading cloud-based financial management platform tailored for small and medium-sized businesses (SMBs) in Spanish-speaking Latin America. It supports over 100,000 SMBs across Mexico, Chile, and Argentina through integrated…
Other Magnetic alternatives
Magnetic competes with more than the companies on this page. Browse the full alternative lists to compare revenue, funding and team size across the category.
Magnetic vs Suma SaaS: frequently asked questions
Is Magnetic or Suma SaaS bigger?
Magnetic is the bigger company by revenue, at $31.2M against $30.6M for Suma SaaS.
How much revenue does Magnetic make?
Magnetic generates $31.2M in annual revenue with a team of 1.
How much revenue does Suma SaaS make?
Suma SaaS generates $30.6M in annual revenue with a team of 28.
How much funding has Magnetic raised?
Magnetic has raised $400K in total funding since it was founded in 2010.