Magna International

● Active

Manufacturing · Aurora, Ontario, Canada · Est. 1957

ManufacturingB2BSaaSDeveloper-first↗ Website

$14.2B

Valuation

$40.0B

Revenue

172k+

Employees

1957

Founded

Magna International is the world's most diversified automotive supplier, designing, engineering, and manufacturing a broad range of vehicle systems and components including body and chassis, seating, vision and electronics, closures, powertrain, and complete vehicle assembly. The company serves virtually every major automaker globally and is a key partner in the transition to electric vehicles through its eDrive and ADAS technology divisions.

Recent Press

5 items

PRESS RELEASE·2 days ago

Magna International Launches Next-Generation Manufacturing Infrastructure Platform

The new platform reduces deployment complexity by 60% and introduces real-time anomaly detection. Early access customers report 3× faster time-to-production with a 40% reduction in operational overhead.

FUNDING·3 weeks ago

Magna International Secures $220M Series F at $6.8B Valuation

The round was led by Andreessen Horowitz with participation from Sequoia and existing investors. Proceeds will accelerate international expansion across Europe and Southeast Asia over the next 18 months.

ACQUISITION·5 weeks ago

Magna International Acquires Developer Tooling Startup Stackform for $85M

The 18-person Stackform team joins Magna International Engineering. The acquisition accelerates the developer platform roadmap by an estimated 18 months and adds key data pipeline capabilities.

PRESS RELEASE·2 months ago

Magna International Expands Strategic Partnership with Google Cloud

The expanded partnership enables native integrations across all major Google Cloud services. Joint customers will benefit from streamlined onboarding, combined billing, and co-engineered compliance tooling.

EARNINGS·3 months ago

Magna International Reports Q3 Revenue Up 41% Year-Over-Year, Beats Estimates

Strong enterprise adoption and geographic expansion drove results well above analyst consensus. Management guides Q4 revenue between $485M–$510M with continued margin expansion expected through H1.

Company History

9 milestones

Magna International is established with a founding team of 6. The company sets out to reimagine manufacturing infrastructure from the ground up, with its first office in Aurora, Ontario, Canada.

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Magna International

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