Magentic
Magentic builds AI agents that handle procurement work for manufacturers, from supplier selection and negotiation to orders and invoices.
magentic.com ↗Why it's here
Raised an $18M Series A led by Felicis with Sequoia Capital and The Westly Group in September 2026, a year after launch.
source: tech.eu- Focus
- Procurement agents
- Latest round
- Series A, $18M, Sep 2026
- Staff (Companies House accounts)
- 6, average over the period to 31 Dec 2025source: find-and-update.company-information.service.gov.uk
- London office
- Channel with Oneder, 22 Northdown Street, London, Islington N1 9BGsource: magentic.com
- London presence
- HQsource: magentic.com
- Investors
- Felicis (lead), Sequoia Capital, The Westly Groupsource: tech.eu
- Area
- King's Cross
- Nearest station
- King's Cross & St Pancras International, 302 m
- Hiring
- 10 open roles in London ↗Public job board, checked 9 Oct 2026
- Work model
- Hybrid (from 10 London job posts)Current job posts only, checked 9 Oct 2026. Howsource: jobs.ashbyhq.com
- Visas
- Licensed visa sponsor, listed as Magentic Labs Limitedsource: gov.uk
- Elsewhere
- LinkedIn ↗
Verified 8 Oct 2026. How we verify · Suggest a fix
For Magentic
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