M

Magentic

AI digital workers for procurement workflows

Founding Growth Marketer

Full-Time
£90k - £100k/yr+ Equity
Mid
London, UK
HybridFour days on-site per week required.
Growth & MarketingGrowth Marketing

About the job

Requirements
  • Experience driving measurable growth at an early-stage enterprise business-to-business startup.
  • Comfort operating across the full marketing stack, including customer research, messaging, campaigns, and analytics.
  • Ability to combine analytical thinking with creative storytelling.
  • Ability to test quickly, learn, and iterate in a highly experimental environment.
Responsibilities
  • Work closely with the chief executive officer to refine the ideal customer profile and develop clear buyer personas and use cases.
  • Build the narrative for Magentic as a category-defining artificial intelligence platform for procurement.
  • Design and run rapid experiments across acquisition channels to build the growth playbook.
  • Use modern artificial intelligence and automation tools to analyse, track, report, and execute.
  • Work closely with founders, sales, and product to turn customer insights into product and messaging improvements.

About the company

Magentic builds AI digital workers for procurement and supply-chain operations at large industrial manufacturers. Their multi-agent systems live inside tools teams already use—Microsoft Teams, email, and internal enterprise systems—to run end-to-end workflows from buy-versus-build decisions to supplier selection, contract negotiation, order management, and invoice processing across indirect and direct spend. The agents integrate into everyday enterprise tools to perform tasks across the procurement lifecycle, reducing the need for context switching. The company targets Global 500 manufacturers facing rising workloads, tariff pressure, and fragmented legacy systems, and aims to expand agent coverage and advance long-horizon industrial AI to improve efficiency and scalability.

Company Size

11-50

Company Stage

Series A

Total Funding

$23.5M

Headquarters

London, United Kingdom

Founded

2024

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Simplify's Take

What believers are saying

  • On September 17, 2026, Magentic raised $18 million from Felicis, Sequoia, and Westly.
  • Magentic says one customer runs 1 million purchase orders annually through its agents.
  • The company claims another customer found $4 million in savings and 60% better data quality.

What critics are saying

  • Coupa launched agentic procurement suites on May 12, 2026, with 450 production customers.
  • Zip released Superagents and procurement-native MCP on June 2, 2026, then expanded on September 16.
  • If manufacturing buyers accept incumbent bundles, Magentic becomes a feature, not a company.

What makes Magentic unique

  • Magentic embeds multi-agent workers inside Teams, email, and enterprise systems, not separate portals.
  • It targets Global 500 manufacturers, especially complex direct-spend and indirect-spend workflows.
  • Its 2026 roadmap spans buy-versus-build, sourcing, contract negotiation, ordering, and invoicing.

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Benefits

  • Company Equity
  • Meal Benefits
  • Childcare Support
  • Hybrid Work Options
  • Company Social Events

Growth & Insights and Company News

6 month growth

-3%

1 year growth

-3%

2 year growth

0%
Axios
Sep 17th, 2026
Magentic raises $18M Series A for agentic procurement data platform

Magentic, an agentic platform for procurement data, has raised $18 million in Series A funding led by Felicis, CEO Robin Van Aeken told Axios Pro. The platform uses AI to help procurement teams navigate fragmented data. This assists them in adapting to manufacturing demand pressures, changing tariffs, and budget constraints. The funding will support the company's development of AI-powered tools designed to streamline procurement processes for businesses facing complex supply chain challenges.

FinSMEs
Jul 22nd, 2025
Magentic Raises $5.5M in Funding

Magentic raises $5.5M in funding.

PR Newswire
Jul 22nd, 2025
Magentic Secures $5.5M for AI Savings

Magentic, an AI Agent Platform, has raised $5.5 million in a funding round led by Sequoia Capital. The investment, which also saw participation from The Westly Group, First Momentum Ventures, and angel investors from companies like SAP, Airbus, and McKinsey & Company, aims to accelerate the growth of Magentic's team.

Venture Capital
Jul 22nd, 2025
Magentic Raises $5.5M to Expand AI Agent Platform for Manufacturing Supply Chains

Magentic secures a $5.5 million funding round led by Sequoia Capital to further develop its AI agent platform for identifying and delivering cost savings in manufacturing supply chains.