Company overview

Niron Magnetics is reshaping American manufacturing. We saw the problems caused by rare earth dependence and took a fundamentally different approach, reconceptualizing how magnets can be made. Our groundbreaking Iron Nitride technology was born at the University of Minnesota, then developed and manufactured right here in Minnesota.The result is a more secure and sustainable supply chain, and a material that unlocks innovation in magnet-using devices. With facilities clean enough to sit in the heart of cities, and our world-class team of experts, we are creating the future of magnetics.
Founded in 2015
Minneapolis, Minnesota, USA
118 employees (4 in marketing)
100% recommend to a friend
100% positive business outlook

Salaries

Typical salary range

$60,000 – $75,000

/ yr

Help build salary transparency at Niron Magnetics, Inc.

Share your compensation anonymously to see full data.

Contribute

People

Hiring activity

Open marketing jobs over time

1 open now

Headcount trend

Company growth over the last 12 months

Headcount +28.3% year over year

Funding

Total funding

$171.6M

Last raise

$10M

Grant, 5 months ago

Funding history

Oct 2025

Grant Niron Magnetics · $10M

Jan 2025

Debt Financing Niron Magnetics · $52M

Feb 2024

Venture Round Niron Magnetics · $25M

Nov 2023

Venture Round Niron Magnetics · $33M

Nov 2022

Grant Niron Magnetics · $17.5M

Feb 2022

Venture Round Niron Magnetics

Audience

Monthly website visitors
11.8K
Month over month-34.1%
Quarter over quarter-8.5%
Top sourceDirect (43.7%)
Ad budget per month$0.0
Average search rank41.6
Traffic source mix
Direct
43.7%
Search
36%
Referral
9.8%
Social
9%
Paid referral
1.5%

LinkedIn followers

Follower count and growth

Total followers

9.8K

12-mo growth

+102%

Monthly growth

+13.5%

News

Links