Magentic
Enterprise-grade AI digital workers featuring rapid ERP integration, value-based pricing, and robust security compliance with full data ownership.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | $5.5m | Seed | |
| Total Funding | 000k | ||
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This entity provides enterprise-grade AI systems, referred to as 'digital workers', designed for rapid deployment and integration. The service is built to work with nearly any data store and Enterprise Resource Planning (ERP) system, enabling an onboarding process that takes days rather than months.
The business model centers on a performance-based pricing structure, where clients pay based on measurable value delivered within weeks, ensuring a fast return on investment. Security and compliance are core to the offering, with certifications including SOC 2 and ISO 27001, alongside GDPR compliance. Clients retain full ownership of their data.
The AI is described as safe by design, robust, and verifiable, with its operations grounded in real-world evidence. The development team's expertise is cited as originating from organizations like OpenAI, NASA, and McKinsey, emphasizing a foundation in transparency and robustness.
Keywords: digital workers, enterprise AI, value-based pricing, ERP integration, data security, SOC 2, ISO 27001, GDPR compliance, process automation, data ownership