Magnetic

San Francisco, United States

Magnetic is an AI tax platform that automates data entry from client documents into tax software with high accuracy.

$500K raised

Jul 2025

Pre-Seed

Top Investors

30,000+ verified contacts

Emails, phones & LinkedIn profiles

How much funding has Magnetic raised?

Magnetic has raised $500K in total funding. The most recent round was Pre-Seed. The last funding was announced in July 2025.

Who are Magnetic's investors?

Magnetic's investors include Y Combinator.

Where is Magnetic headquartered?

Magnetic is headquartered in San Francisco, United States.

What does Magnetic do?

Magnetic is an AI tax platform that automates data entry from client documents into tax software with high accuracy.

What stage is Magnetic at?

Magnetic is at the Pre-Seed stage.

Cite this page

Free to use in articles, research, and reference works. Stable URL — will not change. Data on this page last updated July 4, 2025.

MLA

"Magnetic — Funding & Investors." VCBacked, July 4, 2025, https://www.vcbacked.co/company/magnetic. Accessed July 1, 2026.

APA

VCBacked. (2025). Magnetic — Funding & Investors. Retrieved July 1, 2026, from https://www.vcbacked.co/company/magnetic

Wikipedia (cite web)

{{cite web |title=Magnetic — Funding & Investors |url=https://www.vcbacked.co/company/magnetic |website=VCBacked |access-date=July 1, 2026}}

Profile data sourced and verified per the VCBacked methodology. Last funding round dated July 4, 2025.