Magnetic
Magnetic is an AI tax platform that automates data entry from client documents into tax software with high accuracy.
Source: ycombinator.com
Latest round on record: Seed, June 2026, amount undisclosed.
All 2 rounds ↓Signals
Website registeredApr 3, 2025 (19 months old)
Funding rounds
- Seed · amount undisclosed
- Website created
- Date unknownRound · $500K*Source: ycombinator.com
Founders and team
PF
Patrick Fay Co-FounderLinkedIn · source: foundertrace.comTS
Thomas Shelley Co-FounderLinkedIn · source: foundertrace.com
Investors
Companies like Magnetic
HHandl
TTidalwave$22M Series A · Nov 2025
WWalterPre Seed · Jun 2026
PPallet$27M Series B+ · May 2025
RReducto$75M Series B+ · Oct 2025
HHirizePre Seed · Aug 2022
Sources and API
Every amount links to the page it came from. * Estimated from an accelerator's published standard deal, not a company-specific disclosure. How Recent Funding sources and verifies funding data. The same data as JSON: /api/v1/companies/magnetic (get a free API key).