Magnitt
6 known investors
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Magnitt, based in the United Arab Emirates, operates a subscription financial data platform covering startups and investment activity. Its database and analytics cover companies seeking funding, talent, and service providers. Investors, founders, and corporate teams use it for market research and to identify potential counterparties.
Also known as MAGNiTT · MAGNiTT.com
Founders & leadership
Investors · 6
Also in the syndicate · 2
Company profile
researched Aug 2026MAGNiTT is a Dubai/United Arab Emirates-based venture data platform that aggregates information on startups, investment firms, funding rounds and exits, and sells access to that data on a subscription basis to investors, entrepreneurs and corporates. Its coverage focuses on what it terms the Emerging Venture Markets, spanning the Middle East, Africa, Pakistan, Turkey and Southeast Asia.
Alongside the database, the company publishes research reports analysing regional ecosystem trends. Examples include studies on the state of MENA startup funding and a #MENAFounders report that profiled 189 founders behind the region's 100 most-funded startups, examining founder counts per company, gender split, prior work experience, educational background and nationality. A 2018 platform release added enhanced user profiles, investment-tracking notifications, research and analytics tools, and a job portal for startups and VC portfolio companies.
Business model
Subscription access to a venture data platform, complemented by published research and analysis reports used as an educational and marketing channel for subscribers.
Recurring subscription fees for access to the data platform.
Traction
By its 2018 seed announcement the platform hosted 5,500 startups and more than 12,000 users, including 300+ individual investors and 150+ funding institutions, and had released more than 20 reports since inception. Later platform figures cited coverage of over 30,000 startups, 10,000 investment firms, 15,000 funding rounds and 900 exits.
Latest developments
Following its seed financing the company relaunched its website with enhanced user profiles, investment tracking notifications, research and analytics tools and a startup job portal, and began hiring additional technology staff, while stating plans to extend its geographic reach beyond the MENA region.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Positioned as one of the largest investment data platforms for the Middle East and adjacent emerging venture markets; an investor in the company characterised it as a default source of ecosystem data for researchers and reporters within and outside MENA.
Combines a subscription data platform with direct connection features between startups and investors, and publishes data-driven research reports on regional ecosystems.
Technology
A web-based data platform hosting startup, investor and funding-round records, with user profiles, investment-tracking notifications, research and analytics tools, and a startup job portal.
Go-to-market
Sells subscriptions to its data platform and uses regularly published ecosystem research reports and media coverage to reach investors, founders and corporate decision-makers.
Investors, entrepreneurs/startup founders, corporates, researchers and reporters covering the MENA and broader emerging venture markets.
Geography
Headquartered in the United Arab Emirates (Dubai), with data coverage of the Middle East, Africa, Pakistan, Turkey and Southeast Asia.
History
The company was founded by Philip Bahoshy and is listed as established in 2015. It published a series of MENA ecosystem research reports, including a third study on regional entrepreneurship focused on founder characteristics, and in March 2018 announced a seed round alongside the launch of a redesigned website and expansion of its technology team.
Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 2
launches, deals, and filingsCoinciding with its seed funding announcement, MAGNiTT released a new website featuring enhanced user profiles, investment tracking notifications, research and analytics tools, and a job portal for startups and VC portfolio companies.
MAGNiTT published its third study on MENA entrepreneurship, analysing 189 founders behind the region's top 100 startups by disclosed funding, covering founder team size, gender, experience and educational background.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 6
primary sources listed
- MAGNiTT Secures $3.8B Granttrysignalbase.com · web
6 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Magnitt do?
- UAE-based subscription data platform tracking startups, investors and funding activity across emerging venture markets.
- Who founded Magnitt?
- Magnitt was founded by Philip Bahoshy.
- Who are Magnitt's investors?
- Magnitt's investors include 500 Global, EQ2 Ventures, HALA Ventures, Merak Capital.