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aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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Founded in Canada, Magna International is a global supplier of automotive parts, specializing in body exteriors, chassis structures, transmissions, lighting, seating, and fuel systems. The company's core mission is to provide innovative and high-quality auto parts that enhance vehicle performance and safety. Magna serves a worldwide market, catering to major automotive manufacturers with a focus on technological advancements and sustainable practices.
Notable figures affiliated with Magna include its leadership team and key investors from the automotive industry. The company has earned significant accolades, such as the Automotive News PACE Award and multiple PACEpilot recognitions. Magna has also been honored with five Supplier of the Year Awards from General Motors across various product areas. These achievements underscore Magna's impact on the automotive sector, highlighting its commitment to innovation and excellence.
Operating Status
Active
Ownership Type(s)
Public
Main Product(s)
Auto Parts
Technology
Automation
Tags
Manufacturing
Model Types
Hardware
Revenue Type(s)
Transactional
Customer Type(s)
Enterprise
Geographic Exposure
Global
When was Magna International founded?
Magna International was founded in 1957.
Where is Magna International’s headquarters located?
Magna International’s headquarters is located in Aurora, ON, CA.
When was Magna International’s last funding round?
Magna International’s most recent funding round was for $11.3M (USD) in June 2022.
How many employees does Magna International have?
Magna International has 158000 employees as of Feb 6, 2024.
How much has Magna International raised to-date?
As of July 05, 2023, Magna International has raised a total of $11.3M (USD) since Jun 10, 2022.
Add Comparison
Total Raised to Date
$11.3M
USD
Last Update Jun 10, 2022
Last Deal Details
$11.3M
USD
Jun 10, 2022
Post Ipo Equity
Total Employees Over Time
158000
As of Feb 2024
Magna International Address
Aurora,
Ontario
L4G 7K1
Canada
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts