What Does Magnit Do?

Total employees3483
HeadquartersBurlington
Founded1991

Magnit™ is a global leader and pioneer in contingent workforce management. Our industry-leading Integrated Workforce Management (IWM) platform is supported by data, technology, and talent intelligence and enables companies to optimize talent and diversity goals while achieving operational and financial success. Magnit's proprietary vendor-neutral Integrated Workforce Management (IWM) platform, combined with its Managed Service Provider (MSP) expertise, helps organizations to procure, manage, and optimize their contingent workforce programs. They offer solutions like Vendor Management Systems (VMS), Direct Sourcing, Employer of Record (EOR)/Agent of Record (AOR), Services Procurement, and Diversity & Inclusion (D&I) initiatives to large enterprises worldwide.

Where Is Magnit's Headquarters?

HQ Function

The Burlington headquarters houses key corporate functions including executive leadership, global strategy, product development, marketing, finance, and human resources. It's the nerve center for Magnit's worldwide operations.

Notable Features:

The headquarters is likely a modern office facility designed to foster collaboration and innovation, equipped with state-of-the-art technology to support its global workforce and client base.

Work Culture:

Magnit Global's HQ likely fosters a dynamic, client-centric, and innovative work culture. Emphasis is placed on collaboration, technological advancement in workforce solutions, and a data-driven approach to business.

HQ Significance:

The Burlington HQ is significant as it represents the core of Magnit's strategic decision-making and innovation, particularly for its North American market and as a coordination point for its global service delivery.

Values Reflected in HQ: The headquarters likely reflects Magnit's values of innovation, client success, global collaboration, technological leadership, and a commitment to data-driven insights in the evolving world of work.

Location:

Magnit Global supports clients in over 100 countries worldwide. Its global functions include comprehensive Managed Services Programs (MSP), Vendor Management System (VMS) technology, direct sourcing, payrolling (Employer of Record/Agent of Record), Independent Contractor Compliance (ICC), and Statement of Work (SOW) management, all tailored to local market nuances and regulations across North America, EMEA, APAC, and Latin America.

Street Address:

111 S Bedford St, Suite 100

City:

Burlington

State/Province:

MA

Country:

USA

Where Else Does Magnit Operate Around the World?

London, United Kingdom

Address: The Zig Zag Building, 70 Victoria St, London SW1E 6SQ, United Kingdom

Supports Magnit's expansion and service delivery across Europe, tailoring its IWM platform and MSP services to diverse European market needs and regulatory environments.

Sydney, Australia

Address: Level 10, 1 Margaret Street, Sydney, NSW 2000, Australia

Drives Magnit's growth strategy in APAC, offering localized expertise and support for multinational clients operating in diverse markets like Australia, New Zealand, and other Asian countries.

Montreal, Quebec, Canada

Address: 1001 Boulevard Robert-Bourassa, Suite 1700, Montreal, QC H3B 4L4, Canada

Strengthens Magnit's presence in North America by catering specifically to the Canadian market's unique requirements for workforce management and compliance.

Buying Intent Signals for Magnit

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Magnit? Meet the Executive Team

As of April 2025, Magnit' leadership includes:

Kevin Akeroyd - Chief Executive Officer
Gordon Riegel - Chief Financial Officer
Sam Bright - Chief Product & Experience Officer
Vidhya Srinivasan - Chief Marketing Officer
Megan Smith - Chief People Officer
Simon Tribute - President, EMEA

Who's Investing in Magnit?

Magnit has been backed by several prominent investors over the years, including:

EQT Partners
Harvest Partners

What Leadership Changes Has Magnit Seen Recently?

Hire0
Exits0

Magnit Global has maintained a relatively stable core executive team over the past 12 months, focusing on strategic growth and integration following key appointments in early 2023. No major high-profile executive hires or exits have been publicly announced in the immediate past 12 months (from mid-2023 to mid-2024).

What Technology (Tech Stack) Is Used byMagnit?

Discover the tools Magnit uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Magnit Email Formats and Examples

Magnit Global primarily utilizes a common corporate email format, typically combining the first initial and last name, or first name and last name separated by a period.

[first_initial][last]@magnitglobal.com (e.g., jsmith@magnitglobal.com) or [first].[last]@magnitglobal.com (e.g., jane.smith@magnitglobal.com)

Format

jsmith@magnitglobal.com

Example

80%

Success rate

What's the Latest News About Magnit?

Magnit Global Press ReleaseFebruary 20, 2024

Magnit Global Achieves Leader Status in NelsonHall’s NEAT Vendor Evaluation for CWM & MSP

Magnit announced its recognition as a Leader in NelsonHall’s NEAT vendor evaluation for Contingent Workforce Management (CWM) & Managed Service Provider (MSP) in 2024, highlighting its strong capabilities in technology, service delivery, and market presence....more

Magnit Global Press ReleaseOctober 24, 2023

Magnit Global Named a Leader and Star Performer in Everest Group’s VMS PEAK Matrix® Assessment 2023

Magnit announced it has been recognized as a Leader and Star Performer in Everest Group’s Vendor Management System (VMS) Products PEAK Matrix® Assessment 2023. This marks the fourth consecutive year Magnit has been named a Leader....more

Magnit Global Press ReleaseSeptember 12, 2023

Magnit Global Ranks Among Highest-Scoring Vendors in 2023 Gartner® Critical Capabilities for Procure-to-Pay Suites Report

Magnit announced its strong performance in the 2023 Gartner Critical Capabilities for Procure-to-Pay Suites report, specifically for its Services Procurement use case, underscoring its advanced capabilities in managing complex services spend....more

Highperformr's free tools for company research

Explore Employees by Region or Country

See where a company’s workforce is located, by country or region.

View Funding Details

View past and recent funding rounds with amounts and investors.

Understand Revenue Insights

Understand company revenue estimates and financial scale.

Track Active Job Openings

Track active roles and hiring trends to spot growth signals.

Review Product and Offerings

Discover what a company offers—products, platforms, and solutions.

Get SIC or NAICS Codes

Get the company’s official SIC and NAICS classifications.

Analyze Website Traffic Trends

Analyze visitor volume, engagement, and top traffic sources.

Discover Social Profiles and Engagement

Explore LinkedIn, Twitter, and other active social profiles.

Identify Top Competitors

Identify top competitors based on similar business traits.

Research and Discover Companies with Highperformr — Smarter, Faster

Explore companies in depth — from the tech they use to recent funding, hiring trends, and buyer signals — all in one powerful view.

Highperformr AI helps you surface the right accounts and enrich your CRM with verified company and contact insights, so your teams can prioritize and engage faster.

  • Track intent signals to find buyers who are actively in-market
  • Enrich contacts and companies instantly, no need to switch tools
  • Automate workflows to stay ahead of every change
  • Connect your CRM & tools for seamless data sync and activation

Thousands of companies, including Magnit, are just a search away.