MagNet Analytics

Early Stage

Tech-driven micro stores with vital products reaching customers no retailer can


Raised to Date: Raised: $0

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Lexington, Massachusetts


Retail Shops & Department Stores

Tech Sector


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MagNet Analytics, with a pre-money valuation of $6.81 million, is raising funds on WeFunder. The company is working as a chain of automated retail kiosks that sell high-priority products at high-traffic locations. The kiosks of MagNet provide detailed information about the products, along with instant gratification. MagNet Analytics was founded by Eduardo Alvarez in 2018 and has raised over $150,000 since its inception. The current crowdfunding round has a minimum goal of $50,003 and a maximum goal of $249,995, and the proceeds will be used towards non-recurring engineering for kiosk set-up, purchasing kiosks from manufacturers, business development, and working capital. MagNet Analytics has had 20 pilots, including partners like Disney, McDonald’s, and a Warren Buffet company. The company has a strong IP portfolio, including a patent for compact dispensing and container swap replenishment system.

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Financials as of: 03/31/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
MagNet Analytics 06/13/2021 Wefunder $6,810,000 $0 Equity - Preferred Not Funded RegCF
MagNet Analytics 11/30/2020 Wefunder $6,800,000 $284,234 Equity - Preferred Funded RegCF
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MagNet Analytics on Wefunder
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $6,810,000
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