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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