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Valuation

$33M

2024 Revenue

$11M

Funding

$0

Team

75

Founded

2009

How Magneto IT Solutions CEO Ronak Meghani grew to $11M revenue with a 75 person team in 2024.

Magneto IT Solutions, a leading IT company in USA, Bahrain & India offers Mobile App development, eCommerce Solutions, Web design & digital marketing services.

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Magneto IT Solutions Revenue

In 2024, Magneto IT Solutions's revenue reached $11M. Since its launch in 2009, Magneto IT Solutions has shown consistent revenue growth.

Magneto IT Solutions Revenue GrowthReported revenue / ARR over time$0$2.5M$5M$7.5M$10M$12.5M200920112013201520172019202120232024$0$11MSource: GetLatka.com
YearMilestoneQuote
2024Magneto IT Solutions Hit $11m revenue in June 2024
2009Launched with $0 revenue

Magneto IT Solutions Valuation, Funding Rounds

Magneto IT Solutions's most recent disclosed valuation is $33M.

Magneto IT Solutions Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12009Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Ronak Meghani

CEO

Ronak Meghani is listed as CEO at Magneto IT Solutions.

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Customers

We do not have customer count information for Magneto IT Solutions yet.

Magneto IT Solutions Employees & Team Size

Magneto IT Solutions employs approximately 75 people as of 2026.

Magneto IT Solutions Team GrowthReported headcount over time0204060802009201120132015201720192021202320240075757575Source: GetLatka.com
YearMilestone
2024Reached 75 employees (October 2024)
2020Reached 75 employees (October 2020)

Frequently Asked Questions about Magneto IT Solutions

What is Magneto IT Solutions's revenue?

Magneto IT Solutions generates an estimated $11M in annual revenue.

Who founded Magneto IT Solutions?

Magneto IT Solutions was founded by Ronak Meghani.

Who is the CEO of Magneto IT Solutions?

The CEO of Magneto IT Solutions is Ronak Meghani.

How much funding does Magneto IT Solutions have?

Magneto IT Solutions raised $0.

How many employees does Magneto IT Solutions have?

Magneto IT Solutions has 75 employees.

Where is Magneto IT Solutions headquarters?

Magneto IT Solutions is headquartered in New York, New York, United States.

Compare Magneto IT Solutions to the industry

Magneto IT Solutions operates across multiple industries. Browse revenue, funding, and growth data for Magneto IT Solutions in each sector below.

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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Magneto IT Solutions Revenue 2024: $11M ARR, $33M Valuation