Magentic

Product

Magentic puts AI agents into manufacturers’ existing systems to handle procurement work from supplier sourcing and purchasing through supplier management and contract workflows. The agents are designed to execute multi-step tasks across direct and indirect spend, including maintenance and repair purchasing, while keeping work within company processes.

The company sells to global manufacturers seeking to reduce manual purchasing work and coordinate complex supply chains. Founded in London, Magentic launched in 2025 and says enterprise customers are already using its agents; its product is focused on operational deployment rather than a general-purpose assistant.