MagStar
Toronto, Ontario, Canada
2021 Revenue
$780.3K
Funding
$0
Team
21
Founded
1986
MagStar Revenue (2021)
Developer of all-in-one omnichannel enterprise resource planning (ERP) systems and software in the United States. The company's tools realize critical information that facilitate planning and forecasting as well as collect information from various locations using daily automated updates, enabling midsized retail chains to avail transparent and tailored systems for running their retail businesses.
Last updated
MagStar Revenue
In 2021, MagStar's revenue reached $780.3K. Since its launch in 1986, MagStar has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2021 | MagStar Hit $780.3k revenue in April 2021 | |
| 1986 | Launched with $0 revenue |
MagStar Valuation, Funding Rounds
MagStar is a bootstrapped ERP Systems startup. Founded in 1986, MagStar has grown to $780.3K in revenue without raising any venture capital or outside funding.
As a self-funded ERP Systems SaaS company, MagStar has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
Founder / CEO
Steven Greenwood
CEO
In 1986, Steven and Ronald Ross founded Magstar, one of the few software solution providers addressing the needs of the Retail SMB market at that time. For the first 26 years, Steven served as the VP of Operations and transitioned into the role of President once the company was acquired by Constellation Homebuilder Software in 2012. He is a well-known figure in the retail industry with over 45 years of experience. During his spare time, Steven enjoys the company of his grandchildren, plays golf with friends, and appreciates a glass of excellent scotch.
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 MagStar yet.
MagStar Employees & Team Size
MagStar employs approximately 21 people as of 2026.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 21 employees (April 2021) |
Frequently Asked Questions about MagStar
What is MagStar's revenue?
MagStar generates $780.3K in revenue.
Who founded MagStar?
MagStar was founded by Steven Greenwood.
Who is the CEO of MagStar?
The CEO of MagStar is Steven Greenwood.
How much funding does MagStar have?
MagStar is bootstrapped and has not raised outside funding.
How many employees does MagStar have?
MagStar has 21 employees.
Where is MagStar headquarters?
MagStar is headquartered in Toronto, Ontario, Canada.
Compare MagStar to the industry
MagStar operates across multiple industries. Browse revenue, funding, and growth data for MagStar 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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