Key facts
MagneTec, LLC
New Form D on file · 2026-06-04 · the record
What the record says
Trailing twelve months. 204 filings in Retailing, totalled by week. The dot is this raise, $250K, on the same scale — one filing against the whole group's total, so it sits low by construction.
Use of proceeds, as written on the filing
Estimated compensation to two managers at $1,000 per month per manager for twelve months in consideration of ongoing management and operational services to the Company.
Company officers on record
On the filing as: Executive Officer.
Dylan Suddarth is named as Chief Executive Officer & Manager on the Form D that MagneTec, LLC filed with the SEC on 4 June 2026, one of 3 people that filing names.
On the filing as: Executive Officer.
Benjamin Brooks is named as Chief Operating Officer & Manager on the Form D that MagneTec, LLC filed with the SEC on 4 June 2026, one of 3 people that filing names.
On the filing as: Executive Officer.
James Stiles is named as Chief Technology Officer & Manager on the Form D that MagneTec, LLC filed with the SEC on 4 June 2026, one of 3 people that filing names.
3 people named on the filing — 3 holding an executive role.
Named as of the 2026-06-04 filing. Titles and locations are exactly as the filing states — not independently confirmed elsewhere.
- 3 people named on the filing — 3 holding an executive role.
No investor is drawn from a Form D — the form states how many invested and never who.
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What the Full Report on MagneTec, LLC covers
The Short Answer
Which Company This Is
What They Do, And How The Money Works
Who Runs It, And How To Reach Them
The Money: Funding, Valuation, Runway
Who Pays Them, And Who They Are Up Against
Warning Bells
Sources
1 cited source found
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The full profile
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Sourced from the filing index on sec.gov.