THE DEAL, AT A GLANCE
4/4 reviewedMagentic
Magentic
Magentic sells AI digital workers that handle procurement and supply chain tasks inside company systems.
Magentic announced an $18 million Series A on September 17, 2026.01What it doesMagentic sells AI digital workers that handle procurement and supply chain tasks inside company systems.Source-grounded · automated review · Explore ↗
Checked 2026-10-05 · Review due 2026-10-12
Read supporting source ↗Magentic provides AI digital workers,…
02Who is involvedFelicis led the Series A; Sequoia Capital and The Westly Group joined as existing investors.Source-grounded · automated review · Explore ↗
03What happenedMagentic announced an $18 million Series A on September 17, 2026.Source-grounded · automated review · Explore ↗
Checked 2026-10-05 · Review due 2026-10-12
Read supporting source ↗LONDON, 17 September, 2026: Magentic…
04Why it mattersThe funding supports more AI agents for procurement and supply chain workflows at large manufacturers.Interpretation · Explore ↗
Click a part to explore its evidence. The image is supplied by the cited source.Original record source ↗
Magentic · Financing Record
Explore source-linked visual explanations for Magentic. Unsupported claims are withheld while source review continues.
Record 12535 · Recorded date: 2026-09-17
Explore company records →