Signalbase · Jul 2026
Secondary funding roundup confirming the seed round and describing Magnetic as an AI-powered accounting automation company.
Company research
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
Overview
Magnetic is a San Francisco-based AI tax-prep company for CPA firms. It scans messy client documents, reasons over them with an agentic workflow, and enters work directly into existing tax software, with U.S.-based EA/CPA review before delivery. No official GitHub, X, or engineering blog surfaced in the reviewed public sources.
Primary product
Agentic AI 1040 prep platform for CPA firms
Founded
2024
Headquarters
San Francisco, California, United States
Team size
1-10
Work style
Flexible
Industry
Software Development
Sub-industry
AI tax preparation software
Offices
Open Positions
0 jobs at Magnetic
No open positions
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