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Magneticone

“Can a Ukrainian technology holding compound expertise across commerce integrations, workforce data, municipal GIS, and AI advisory into a durable multi-company operating group?”

Founded2001
HQTernopil, Ukraine
FoundersRuslan Savchyshyn
IndustryHorizontal SaaS / E-commerce
The story

MagneticOne began in 2001 as a Ukrainian software-development outsourcing shop and pivoted toward proprietary products in the late 2000s — first with e-commerce store-manager modules, then automated data-migration services (Cart2Cart, API2Cart, CMS2CMS, Data2CRM). Over the following decade it evolved into a holding group of seven focused B2B technology companies spanning commerce integration (API2Cart), workforce analytics (Yaware), municipal GIS (MagneticOne Municipal Technologies), cloud/DevOps (SystemOne), mobile CRM (MagneticOne Mobile), AI consulting (MagneticOne Consulting Group), and data engineering (DATAMEN). The parent entity is a technology holding / brand rather than an embedded-finance product; embedded-finance surface area sits inside the portfolio companies (mostly none disclosed publicly).

Last 12 months
—
Product timeline
2001
MagneticOne founded in Ternopil, Ukraine as a software development company by Ruslan Savchyshyn.· pivot
2009
Launched Cart2Cart, a shopping-cart migration service — first proprietary product.· pivot
2010
Founded Yaware, workforce intelligence / time tracking company.· pivot
2012
Launched API2Cart, a unified API connecting software to 70+ commerce platforms.· pivot
2016
MagneticOne Group formalized as a group of focused technology companies.· pivot
2018
Data2CRM combined with US-based Trujay — first publicly documented M&A.· acquisition
2026
Group operates seven focused companies: API2Cart, Yaware, MagneticOne Municipal Technologies, SystemOne, MagneticOne Mobile, MagneticOne Consulting Group, DATAMEN.· pivot
Acquisitions
Trujay (Data2CRM combination)2018
First publicly documented M&A: Data2CRM combined with US-based Trujay to expand CRM data migration reach.
The stack
0 layers disclosed in Magneticone’s embedded-finance stack
Accounting gap: none

Magneticone — frequently asked

Who founded Magneticone?

Magneticone was founded by Ruslan Savchyshyn and is founded in 2001, headquartered in Ternopil, Ukraine.

What companies has Magneticone acquired?

Magneticone's acquisitions include Trujay (Data2CRM combination) (2018).

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