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Magnetis is a financial technology company that offers investment solutions and services to help individuals manage their wealth and make informed investment decisions.
Magnetis has raised $17.0M across 3 funding rounds.
Key people at Magnetis.
Magnetis has raised $17.0M in total across 3 funding rounds.
Key people at Magnetis.
Magnetis is a small Canadian digital agency headquartered in Saint Eustache, Quebec, specializing in web marketing, website creation, and comprehensive digital strategies.[1] It provides services such as web development, content marketing, digital campaigns, and SEO optimization to enhance clients' online presence and support their digital transformation, targeting businesses seeking long-term growth partnerships with revenue under $5 million and fewer than 25 employees.[1] A related entity, Magnetis Solutions, focuses on designing and developing web and mobile applications worldwide, emphasizing outstanding user experience.[3]
Limited public information exists on Magnetis's founding year, key founders, or early evolution, with available data pointing to its operations as a Quebec-based digital agency without detailed backstory.[1] The company maintains a low-profile presence, with no recent news, media coverage, or employee growth details disclosed, suggesting a steady but modest trajectory in Canada's competitive digital services market.[1] Magnetis Solutions appears as a distinct but similarly named operation centered on client web and mobile app development, potentially indicating a niche evolution in custom software services.[3]
Magnetis operates in the digital agency niche amid rising demand for web marketing and custom app development, riding trends like digital transformation and SEO-driven online visibility in small-to-medium businesses.[1][3] Its timing aligns with ongoing shifts toward integrated digital strategies post-pandemic, where Quebec's tech ecosystem benefits from local talent and proximity to North American markets, though its small scale limits broader influence.[1] Market forces favoring affordable, partnership-based services position it well against larger agencies, contributing incrementally to Canada's data collection and internet portals sector by aiding client online expansion.[1]
Magnetis is poised for steady growth in web services if it leverages its tech stack and client-focused model amid AI-enhanced SEO and mobile trends, potentially expanding beyond Quebec through remote app development.[1][3] Evolving digital marketing demands could amplify its role, but scaling employee base and visibility will be key to competing with larger players. As a niche player in tech-enabled agency work, its influence may grow by deepening partnerships in Canada's startup scene, echoing its core strength in tangible digital results.[1]
Magnetis has raised $17.0M in total across 3 funding rounds.
Magnetis's investors include Redpoint eventures, Astella, DGF Investimentos, Endeavor Catalyst, Upload Ventures, Alexis Koumoudos.
Magnetis has raised $17.0M across 3 funding rounds. Most recently, it raised $11.0M Series B in July 2020.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jan 2, 2024 | Oakberry | $67.0M Series C | BTG Pactual | — |
| Nov 3, 2021 | Future Farm | $58.0M Series C | BTG Pactual, Rage Capital | Enfini Ventures, Go4it Capital, Monashees, Turim MFO, XP Private Equity |
| Oct 1, 2021 | Rock Content | $30.0M Series B | Unbox Capital | Grão Venture Capital, LAUNCH, Hans Tung, BTG Pactual, Crescera Capital, Provence Capital |
| Nov 1, 2020 | Pier | $15.0M Series A | monashees | Andreessen Horowitz, Canary Ventures, DST Global, Kaszek Ventures, Carlos Julio Garcia, Christopher Priebe, Nicky Goulimis, Roger Laughlin Carvallo, BTG Pactual, Mercado Libre Fund |
| Feb 1, 2013 | Gravyty (formerly Graduway) | $1.0M Seed | — | 01 Ventures, ACME Capital, Crosscut Ventures, Graph Ventures, Shervin Pishevar, Gigi Levy Weiss, BTG Pactual, RSL Venture Partners |
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2020 | $11.0M Series B | Redpoint eventures | Astella, DGF Investimentos, Endeavor Catalyst, Upload Ventures, Alexis Koumoudos |
| Apr 1, 2018 | $5.0M Series A | Astella, DGF Investimentos, Endeavor Catalyst, Redpoint eventures, Upload Ventures | |
| Jul 1, 2015 | $1.0M Seed | Astella, DGF Investimentos, Endeavor Catalyst, Redpoint eventures, Upload Ventures |