The Numbers
Magnises currently makes 70% of revenue from annual membership fees. Soon advertising revenue will surpass fees to account for 60-70% of revenue.
~35%
Applications accepted
75%
YoY revenue growth
2
Cities offering Magnises
10,450
Number of members
10
New cities planned for 2016
$3.3M
Total revenue to date
Growth
Magnises pulled in $1.2M in their first year. Then they expanded to DC and grew revenue by 75% -> $2.1M in 2015. They have plans to expand to 11 more cities in 2016.
Partners
The world's most trusted brands use Magnises to capture the next generation of consumer spending. Our partnerships with Samsung, Uber, Tesla, Forbes, Hearst and Barclays Center and other leading brands have delivered millions of dollars in member value while accelerating our partner's brand growth. Many partnerships come by way of our members who act as a powerful business development unit.





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