COMPANY PROFILE

Magfast

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MAGFAST = Changing Charging For Good + Qi Wireless Chargers

Town of Cornwall, United StatesFounded 2017Home Living

Valuation $25–50M Last recorded · 2025

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About Magfast

MAGFAST is revolutionizing the device charging industry with its innovative family of premium magnetic chargers. These chargers are designed to provide super fast, wireless power solutions that are compatible with a wide range of devices. The company primarily serves tech-savvy consumers who are looking for efficient and reliable charging options. Operating in the consumer electronics market, MAGFAST employs a direct-to-consumer business model, leveraging online sales and pre-order invitations to generate revenue. The company's unique selling proposition includes its focus on safety, highlighted by an 11-point safety program, and its commitment to delivering high-quality, fast-charging products. MAGFAST also engages its audience through presentations and promotional events, offering incentives such as chances to win tech products. This approach not only drives sales but also builds a loyal customer base.

MoreLess Source: Dealroom company data

At a glance

Status: Operational
Founded: 2017
Headquarters: Town of Cornwall, United States
Employees: 10
Open positions: None listed
Dealroom signal: 80.1/100
Industry: Home Living
Sector: Home Living, Hard Tech
Business model: Manufacturing
Client focus: b2c
Links: Website LinkedIn

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Funding history

6 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SEEDOther financing	Apr 2025	$1.3M	$42M	Netcapital	↗
SEEDOther financing	Nov 2022	$1.1M	$4.3M	Undisclosed	—

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Growth signals

Magfast website traffic

Latest recorded traffic for Magfast is 170K monthly website visits, up 0% over the last three months. Magfast's team grew 25% over the past year.

Latest monthly visits170K 3-month web change0% 1-year team growth+25%

Monthly website visitsNov 2020–Jul 2026

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