For CPAs still grappling with mountains of manual data entry, Magnetic is offering a new solution powered by artificial intelligence. The company, which helps accounting professionals automate these time-consuming tasks, has now secured $5.2M in seed funding.
Magnetic's platform is designed to streamline a core pain point in the accounting industry, aiming to free up CPAs from repetitive data input and allow them to focus on higher-value strategic work. The seed round marks a significant step for the startup in its mission to modernize accounting workflows.












