Fundraising Fox

Magnetar

Venture capital

Evanston · 11 people tracked

Find your way into Magnetar

477 people in our graph share verified history with the Magnetar team — schools, employers, funds. One of them is your warm intro.

Sam Blackmanunlockedknows Alec Litowitz · together at University of Chicago (overlapped)
×5knows the team · via Massachusetts Institute of Technology
×3knows the team · via Barnard College
knows the team · via Dechert LLP
knows the team · via Citadel LLC
knows the team · via University of Pennsylvania Carey Law School
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HQ
Evanston, US
Founded
2025
Last 12 months
3 investments
Tracked investments
6
Acquisitions
1

Team · 11 people

from public directories
David Snyderman· General Partner
Hayley Stein· General Partnerin
Ross Laser· General Partner
Alan Milgate· Director
Alec Litowitz· Executive Officerin
Michael Turro· Executive Officer
S. Alan Milgate· Director

What they invest in

from 6 of 6 portfolio companies

Advanced Manufacturing ×2AI & Machine Learning ×2Enterprise Software ×2Cloud Computing ×1Construction Tech ×1Consumer ×1Data & Infrastructure ×1Deep Tech ×1

HQs:United States×4

Investments · 6 tracked

founders shown can be your intro path

By year:2026 · 22025 · 13 dated

Homeboundhomebound.comin𝕏Dec 2025 · $400M

Homebound is a technology-enabled custom homebuilder that manages the building process end-to-end for homeowners, using software to make custom home construction simpler and more transparent.

Construction TechConsumerE-commercePropTech

Nikki Pechet(Founder)in

Co-investorsAtomicFlucas VenturesForerunner VenturesTranspose Platform ManagementBridgepointFifth Wall+7 more

Hydrahydra.soin𝕏Jun 2026 · $100MAcquired

Hydra provides analytics query execution for Postgres databases with separated compute resources, automatic scaling, and built-in caching, designed for time series and event data workloads across multiple deployment environments.

Data & InfrastructureDeveloper ToolsEnterprise SoftwareSan Francisco, US

Joseph Sciarrino(Founder)in

Co-investorsY Combinator10x FoundersComcast VenturesEra FundsFlume VenturesFounders Fund+4 more

Hydra Hosthydrahost.comin𝕏

Hydra develops Brokkr, an operating system that enables independent data centers to operate AI Factories by providing shared infrastructure, customer access, and monetization tools on a unified network.

AI & Machine LearningCloud ComputingMiami, US

Aaron Ginn(CEO)inAriel Deschapell(Executive Officer)inGarrett Johnson(Executive Officer, Director)in

BoardSteve Jang(Director)in

Co-investorsAccelerator VenturesComcast VenturesGraph VenturesKindred VenturesLaunchBay CapitalLoup Ventures+8 more

Torustorus.coin𝕏

Torus Station is a full-stack energy storage platform that integrates hardware, software, security, and monitoring capabilities.

EnergyHardware

Nate Walkingshaw(Founder)inAnthony Woo(Founder)inGilbert Lee(Founder)in

Co-investorsEPIC VENTURESGreycroftMercato PartnersOrigin VenturesService Provider CapitalMagnetar AI Ventures

Torususetorus.comin

Torus is an AI system that analyzes engineering documents such as P&IDs, datasheets, and specifications to identify cross-document inconsistencies and automate engineering workflows.

Advanced ManufacturingAI & Machine LearningEnterprise SoftwareSaaSSan Francisco, US

Marcus Lima(Co-Founder & CEO)inRahul Thayil(Co-Founder & CTO)in

Co-investorsY Combinator

Turion Spaceturionspace.comin𝕏Apr 2026 · $75M

Turion Space builds space infrastructure spanning maneuverable spacecraft, mission planning software, and orbital logistics such as refueling and servicing, with capabilities for space domain awareness and rendezvous proximity operations.

Advanced ManufacturingDeep TechDefense TechSpace TechLos Angeles, US

Ryan Westerdahl(CEO & Co-Founder)inTyler James Pierce(Founder)inPatryk Wiatr(Founder)inRyan W(Founder)in

Co-investorsAngel Collective Opportunity FundAsymmetry VenturesAurelia FoundryBeyond Earth VenturesCenter15 CapitalDG Daiwa Ventures+17 more

Portfolio news

latest coverage across their companies

Fund performance · per public LP disclosures · 3

as of Dec 2021
FundVintageCommittedNet IRRTVPIDPI
Magnetar ConstellationLPs: Kern County Employees' Retirement Association20181.11x0.52x
Magnetar Constellation Fund VLPs: Kern County Employees' Retirement Association20184.8%1.21x1.04x
Magnetar Constellation Fund IV LLCLPs: North Carolina Retirement Systems20135.6%1.28x1.24x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

How many investments has Magnetar made?
Magnetar has 6 tracked investments, 1 of which have exited, including 3 dated in the last 24 months.
Where is Magnetar located?
Magnetar is headquartered in Evanston, US.

Media · Podcasts & interviews

featuring the team

Magnetar Capital's David Snyderman breaks down CoreWeave investment and IPO

CNBC Television · David Snyderman

Featured in lists