# Magentic

> Magentic builds AI digital workers called Mages for procurement and supply chain teams at global manufacturers. They connect fragmented purchasing information, identify savings, enforce supplier terms and execute workflows inside existing enterprise systems, with human review and control.

- **Founded:** 2024
- **Headquarters:** London, United Kingdom; New York, United States
- **Founders:** Robin Van Aeken (CEO and co-founder), Odhran O’Donoghue (CTO and co-founder)
- **Products:** Mages, Sam, Value hunting, protection and recovery, Customer deployment engineering
- **Notable:** USD 23.5 million in total announced seed and Series A funding., A company case study identified about 4% of MRO spend as value leakage at a manufacturer with USD 40 billion revenue., One purchase order contained 16 price mismatches worth EUR 3,022 in a company case study.

## Products & services

- **Mages** — AI digital workers that perform procurement and supply chain workflows across existing enterprise systems, Teams and email.
- **Sam** — Value-recovery AI teammate featured in MRO and supplier-document case studies.
- **Value hunting, protection and recovery** — Capabilities span item matching, spend analysis, purchasing controls, supplier contract enforcement and recovery of overpayments.
- **Customer deployment engineering** — Forward Deployed Engineers embed in customer operations to map institutional knowledge and workflows into the platform.

## Achievements

- USD 23.5 million in total announced seed and Series A funding.
- A company case study identified about 4% of MRO spend as value leakage at a manufacturer with USD 40 billion revenue.
- One purchase order contained 16 price mismatches worth EUR 3,022 in a company case study.
- A second company case study found P&L-affecting issues in roughly 25% of reviewed supplier and transactional documents.
- Magentic reports over one million annual orders through agents at one customer.
- Magentic states that it holds ISO 27001 and SOC 2 Type II certification.

## Latest updates

- **2026-09** — Announced USD 18 million Series A on September 17, led by Felicis; plans broader workflow coverage and long-horizon AI research.
- **2026-09** — Published global beverage manufacturer deployment case study, dated September 19.
- **2026-05** — Published practical lessons on adoption and trust, including embedded deployment engineering.

## Links

- Website: https://www.magentic.com/
- LinkedIn: https://www.linkedin.com/company/magentic-inc/

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Profile page: https://yespress.io/magentic
Published by YesPress — https://yespress.io
Last updated: 2026-10-03