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Magfast
AddedFeb 15, 2024
UpdatedJun 18, 2026
Magfast

Magfast

Series A

New York-based firm revolutionizing charging with our innovative wireless, magnetic chargers.

HQ
Cornwall-on-Hudson, NY, US
Founded
2017
Overview
Compare
Fundraising
Employees
Website

Magfast, founded in Cornwall-on-Hudson, New York, is dedicated to revolutionizing the charging industry with its innovative wireless, magnetic chargers. The company's core mission is to create a seamless and efficient charging experience for consumers, eliminating the need for multiple cables and adapters. Magfast offers a range of products designed to cater to various charging needs, all built around their proprietary magnetic technology. Their market focus includes tech-savvy individuals and households looking for convenient and clutter-free charging solutions.

Notable figures associated with Magfast include Seymour Segnit, a key driving force behind the company's vision and product development. The company has garnered significant attention from investors who believe in its potential to disrupt the traditional charging market. Key achievements include successful crowdfunding campaigns and positive customer reviews highlighting the efficiency and design of their products. Magfast's impact is evident in its growing customer base and the increasing adoption of its innovative charging solutions.

Magfast - Quick Facts

When was Magfast founded?

Magfast was founded in 2017.

Where is Magfast's headquarters located?

Magfast's headquarters is located in Cornwall-on-Hudson, NY, US.

When was Magfast's last funding round?

Magfast's most recent funding round was for $5M (USD) in November 2021.

How much has Magfast raised to-date?

As of Nov 10, 2021, Magfast has raised a total of $6M (USD).

How many employees does Magfast have?

Magfast has 34 employees as of Feb 5, 2024.

Magfast - Classification

Industry
  • Hardware
Ownership
  • Private
Technology
  • Wireless Charging
Geographic Exposure
  • United States
Revenue
  • Transactional
Customer
  • Consumers
Main Product
  • Wireless Chargers
Tags
  • Hardware
SIC
  • 3620Electrical Industrial Apparatus
  • 3600Electronic And Other Electrical Equipment And Components, Except Computer
Show 1 more industry code
SIC
  • 4000Railroad Transportation