Magenta Corporation
Latest round
- Series B
Last raised
- Nov 2003
Total raised
- $1M
Investors
- 1
About Magenta Corporation
Founded in 1999 and headquartered in London, UK, Magenta Corporation Limited focuses on providing dynamic optimization solutions for transport management.Magenta Technology offers a suite of AI-based dynamic optimization solutions designed to enhance efficiency in demand-responsive transport management. Their core product, the Echo Operational Platform, facilitates the automation of dispatch and fleet optimization, catering to various transportation needs including private hire fleets, on-demand shuttles, employee transit, and patient transportation. The solutions serve transport operators, corporate fleets, and local authorities primarily in the UK, Europe, and Dubai.Magenta Technology generates revenue through a subscription-based model associated with its flagship Echo Operational Platform. Clients enter service agreements to utilize the platform for streamlined transport management, which includes access to the software, as well as additional fees for customizations and ongoing support. The company is also targeting expansion into new geographic regions, leveraging its existing technologies to penetrate markets within Europe and potentially North America by 2025.
Who invested in Magenta Corporation
1 investor across 1 round
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Funding rounds
Series B
Nov 19, 2003
Amount
$1M
Investors
Questions about Magenta Corporation
Who invested in Magenta Corporation?
Magenta Corporation has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Magenta Corporation raised?
Magenta Corporation has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Magenta Corporation last raise money?
Magenta Corporation's most recent round on record is a Series B, in Nov 2003.
What does Magenta Corporation do?
Founded in 1999 and headquartered in London, UK, Magenta Corporation Limited focuses on providing dynamic optimization solutions for transport management.
Where is Magenta Corporation headquartered?
Magenta Corporation is headquartered in London, UK.
Which VCs invest in companies like Magenta Corporation?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Magenta Corporation's stage. Their profiles are linked below.
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