Tech Company Financing Transactions
Magnitude Platforms Funding Round
Magnitude Platforms, based in San Francisco, secured $10 million in investment from Ballistic Ventures and private investors.
Transaction Overview
Company Name
Announced On
6/16/2026
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Seed
Investors
Ballistic Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Defense
Mailing Address
38 Keyes Avenue LL01
San Francisco, CA 94129
USA
San Francisco, CA 94129
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
We built Magnitude for the security teams doing the impossible; Magnitude exists to give security teams the AI-powered leverage they need to manage third-party risk at the speed the modern threat landscape demands. Magnitude, building an AI-native platform purpose-built for the threat environment we're actually in.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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