
Magneto IT Solutions
Valuation
$33M
2024 Revenue
$11M
Funding
$0
Team
75
Founded
2009
How Magneto IT Solutions CEO Ronak Meghani grew Magneto IT Solutions 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.
Last updated
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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Magneto IT Solutions Hit $11m revenue in June 2024 | |
| 2009 | Launched with $0 revenue |
Magneto IT Solutions Valuation, Funding Rounds
Magneto IT Solutions's most recent disclosed valuation is $33M.
Magneto IT Solutions is a bootstrapped Mobile Development Software startup. Founded in 2009, Magneto IT Solutions has grown to $11M in revenue without raising any venture capital or outside funding.
As a self-funded Mobile Development Software SaaS company, Magneto IT Solutions has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Ronak Meghani
Ronak Meghani is listed as Founder / CEO at Magneto IT Solutions.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
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.
| Year | Milestone |
|---|---|
| 2024 | Reached 75 employees (October 2024) |
| 2020 | Reached 75 employees (October 2020) |
Frequently Asked Questions about Magneto IT Solutions
What is Magneto IT Solutions's revenue?
Magneto IT Solutions generates $11M in 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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