Magebit
Magebit is a Latvia-headquartered, full-service digital commerce agency delivering strategy, design, engineering, and marketing services on Adobe Commerce, Shopify Plus, and Hyvä for enterprise and mid-market clients across 40+ countries, with proprietary open-source AI commerce modules.
- Company typePrivate
- Founded2014
- HeadquartersRiga, Latvia
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Magebit does
Magebit (legal entity SIA "IDT Media", Latvia) is a full-service digital commerce agency founded in 2014 and headquartered in Riga, with offices in London, New York, Kuwait City, Melbourne, and Valencia supporting operations across more than 40 countries. The company delivers end-to-end e-commerce services — strategy, design, engineering, and marketing — built primarily on Adobe Commerce (Magento), Shopify Plus, and Hyvä, with an additional in-house frontend theme (Venta) and a Hyvä-compatible theme offering. Its core offerings include custom storefront development, platform migration, B2B commerce, integrations with Microsoft Dynamics 365, Oracle NetSuite, and Akeneo PIM, plus 24/7 emergency support services that have run since founding.
The company has developed proprietary open-source AI commerce modules — the Agentic Commerce Protocol for ChatGPT Instant Checkout, the Universal Commerce Protocol for Google AI Mode and Gemini, and a Magento 2 MCP Connector — that enable AI agents to read and manage store data and complete purchases inside conversational AI surfaces. It also offers a Custom AI Solutions service line covering autonomous support agents, generative catalog content, personalization, and stock/demand forecasting.
Magebit operates a professional services revenue model with project-based engagements and retainer contracts targeting enterprise and mid-market clients. Customer acquisition is sales-led with supplemental partner-driven demand through its #1-ranked Adobe Solution Partner status, Shopify Plus partnership, Hyvä Platinum partnership, and AWS partnership, alongside direct enterprise sales teams and event-driven demand generation. Pricing is quote-based and not publicly disclosed. Named enterprise clients span automotive (Volkswagen, Toyota, Daimler, Stellantis, McLaren, Rivian), retail (Ace Hardware, Aubuchon Hardware), healthcare (UK Meds, Henry Schein), cosmetics (The Body Shop, MADARA, Sabon), F&B (Dunkin'), and financial services (Swedbank, Airwallex). The company holds ISO 9001 and ISO 27001 certifications.
Magebit firmographics
Firmographics- Name
- Magebit
- Legal name
- SIA "IDT Media"
- Website
- https://magebit.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Magebit is a Latvia-headquartered, full-service digital commerce agency delivering strategy, design, engineering, and marketing services on Adobe Commerce, Shopify Plus, and Hyvä for enterprise and mid-market clients across 40+ countries, with proprietary open-source AI commerce modules.
- Ownership category
- akta.pro rank
Magebit industry classification
Industry- Product category
- E-commerce Agency Services
- NAICS
- Custom Computer Programming Services (541511), Software Publishers (5132)
- SIC
- Services-Computer Programming Services (7371)
- akta.pro primary industry
- iBPMS (Intelligent BPM Suites) & Process Automation Suites (HDAEAHAG)
Keywords
Where Magebit is headquartered
LocationHeadquarters
- HQ city
- Riga
- HQ country
- Latvia
- HQ region
- Europe
Offices6 records
Markets served
Magebit business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Professional Services: Consulting and implementation services for e-commerce platform development, digital transformation, and ongoing technical support. Revenue generated through project-based engagements and retainer contracts with enterprise clients.
Go-to-market motion3 records
Distribution channels2 records
Marketing channels7 records
Magebit product offering
Product offeringCore offering
Magebit is a full-service digital commerce agency that delivers end-to-end e-commerce solutions across four pillars: Strategy, Design, Engineering, and Marketing. Its core work involves implementing, customizing, and supporting Adobe Commerce (Magento 2), Shopify Plus, and Hyvä-based storefronts for enterprise and mid-market clients globally. The company also develops proprietary open-source AI commerce modules (Agentic Commerce Protocol, Universal Commerce Protocol, MCP Connector), custom AI solutions, and frontend themes (Hyvä, Venta), supplemented by 24/7 emergency support.
Product overview
Magebit is a full-service e-commerce agency offering a portfolio of services organized around four pillars: Strategy, Design, Engineering, and Marketing. The core service offering centers on Adobe Commerce (Magento 2) and Shopify Plus development, supplemented by custom AI solutions and specialized theming solutions (Hyvä Theme and Venta Theme). The company also provides open-source modules including the Agentic Commerce Protocol (ACP) for ChatGPT Instant Checkout, the Universal Commerce Protocol (UCP) for Google AI Mode/Gemini integration, and the Magento 2 MCP Connector for AI agent interoperability. Additional services include 24/7 emergency support, managed maintenance, migrations, and compliance consulting. The company operates as an official Adobe Solution Partner with Commerce Specialization, Shopify Plus Partner, Hyvä Platinum Partner, and AWS Partner.
Differentiator
Problem solved
Functional benefit
Products and services
- Adobe Commerce (Magento 2) Services End-to-end Magento and Adobe Commerce development services including custom features, storefronts, admin workflows, checkout logic, Hyvä development, Venta development, extension development, Magento integrations, Magento B2B, and performance optimization for enterprise and mid-market e-commerce clients.
- Shopify Plus Development Shopify Plus development services for enterprise-level e-commerce implementations, including platform migrations, customizations, and platform enablement for large merchants.
- E-Commerce Strategy Services Digital consultancy, strategy, and roadmap services for e-commerce businesses, including e-commerce consulting, migration planning (Magento, Shopify Plus), platform enablement, and compliance advisory.
- E-Commerce Design Services Creative design services for e-commerce including e-commerce design, mobile app design, UX & UI design, and customer journey mapping, backed by Baymard Institute and CXL training.
- E-Commerce Engineering Services Engineering and development services including e-commerce development, Magento development, Shopify Plus development, cloud infrastructure development, and custom AI solutions.
- E-Commerce Marketing Services Performance marketing services for e-commerce including search engine optimization, email marketing, performance marketing, and social media marketing to drive traffic and conversions.
- Custom AI Solutions AI enablement services for e-commerce including website personalization, AI for customer support, AI agents and flows, and stock/demand forecasting delivered on top of Adobe Commerce and Shopify Plus platforms.
- Agentic Commerce Protocol (ACP) Module for Magento 2 Open-source Magento 2 module that enables Instant Checkout functionality within ChatGPT via the Agentic Commerce Protocol, making Adobe Commerce/Magento stores compatible with AI shopping interfaces. Compatible with Hyvä and Adobe Commerce Cloud.
- Universal Commerce Protocol (UCP) Module for Magento 2 Open-source Magento 2 module that enables merchants to sell through Google AI Mode, Gemini, and Google Shopping via the Universal Commerce Protocol, supporting AI-driven product discovery and checkout.
- Magento 2 MCP Connector Open-source MCP Connector for Magento and Adobe Commerce that lets AI agents (Claude, Grok, custom MCPs) securely read and manage store operations including catalog management, price rules, and order management with permission-safe, admin-aware writes, without using the Magento Admin UI.
- Venta Theme Magebit-built Magento frontend theme positioned as a fast, scalable replacement for Luma, designed for performance and customization to support measurable growth.
- Hyvä Theme (Magebit Implementation) Lightweight Tailwind CSS + Alpine.js based frontend theme for Magento 2 that replaces Luma for dramatically faster load times and near-perfect Core Web Vitals. Delivered as a Magebit Platinum Partner implementation service.
- 24/7 Emergency Support Round-the-clock emergency support service for e-commerce stores covering malware removal, site restoration, and critical issue resolution, delivered by Adobe-certified developers across multiple time zones. Available since 2014.
Quantifiable outcome
- #1 Global Ranking in Adobe Partner Directory for Commerce Specialization in 2025
Companies that use Magebit
Customer profileNamed customers19 records
Segments2 records
Ideal customer profiles2 records
Magebit technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability9 records
Feature3 records
Magebit partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- AdobecoreAdobe Solution Partner specializing in Commerce. Ranked #1 globally in Adobe Partner Directory for Commerce Specialization. Provides Adobe Commerce (Magento) implementation, migration, and customization services.
- Shopify PluscoreCertified Shopify Plus Partner. Provides Shopify Plus platform implementation and development services for enterprise clients.
- HyväcorePlatinum Partner for Hyvä, a modern frontend framework for Magento. Specializes in Hyvä theme development and implementation.
- AWScoreOfficial AWS Partner. Provides cloud infrastructure services and solutions for hosting and deploying e-commerce platforms on AWS.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Magebit competitors and assessment
Company assessmentDirect peers
- Vaimo: Stockholm-based digital commerce agency and Adobe Commerce/Magento specialist with a global delivery footprint and comparable enterprise client mix. Direct competitor for Adobe-led commerce engagements.
- Atwix: Magento/Adobe Commerce solution partner offering implementation, customization, and support services. Direct competitor in the same Adobe Commerce partner ecosystem.
- Bounteous (formerly Blue Acorn iCi): Large digital commerce agency with deep Adobe Commerce and Shopify Plus practices serving Fortune 500 brands. Direct competitor for mid-market and enterprise e-commerce programs.
- Shero Commerce: Hyvä Platinum and Adobe Commerce partner agency focused on performance-driven storefronts. Directly comparable on Adobe/Hyvä implementation services.
- SmartOSC: Global e-commerce agency delivering Adobe Commerce, Shopify, and headless commerce builds across APAC, EMEA, and the Americas. Comparable multi-region delivery model.
- Media Lounge: UK-based Magento and Shopify Plus agency serving enterprise retailers. Direct competitor for European Adobe Commerce engagements.
Emerging players
- DEITY: Headless commerce platform and integration specialist with growing enterprise traction. Comparable as an emerging player overlapping on headless/PWA commerce architecture.
- Strix: E-commerce agency and product studio focused on Adobe Commerce and Shopify implementations for mid-market brands. Partial overlap on platform expertise and target customers.
Broad incumbents
- Shopify: Owner of Shopify Plus, one of Magebit's two core platform partnerships. Operates broadly in commerce enablement and could disintermediate agencies via native tools and AI features.
- Adobe: Owner of Adobe Commerce (Magento), Magebit's largest platform relationship. Broad incumbent whose evolving partner program and AI features directly shape Magebit's service opportunity.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Magebit social profiles
Digital presenceMagebit compliance and trust
Trust signalCompliance2 records
Magebit financial estimates
Financial estimateRevenue estimate
Valuation estimate
Magebit leadership team
Management profileNumber of profiles
Profiles2 records
Magebit funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Magebit M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Magebit
What does Magebit do?
Magebit is a full-service digital commerce agency that delivers end-to-end e-commerce solutions across four pillars: Strategy, Design, Engineering, and Marketing. Its core work involves implementing, customizing, and supporting Adobe Commerce (Magento 2), Shopify Plus, and Hyvä-based storefronts for enterprise and mid-market clients globally. The company also develops proprietary open-source AI commerce modules (Agentic Commerce Protocol, Universal Commerce Protocol, MCP Connector), custom AI solutions, and frontend themes (Hyvä, Venta), supplemented by 24/7 emergency support.
Is Magebit a public or private company?
Magebit is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Magebit founded?
Magebit was founded in 2014. It employs 101 to 250 people.
Where is Magebit based?
Magebit is headquartered in Riga, Latvia, in the Europe region.
How does Magebit make money?
One revenue line is on record: professional Services.
Who are Magebit's main competitors?
Direct peers on record are Vaimo, Atwix, Bounteous (formerly Blue Acorn iCi), Shero Commerce, SmartOSC and Media Lounge. Emerging players are DEITY and Strix. Broad incumbents are Shopify and Adobe.
Does Magebit have an API?
No public API is recorded for Magebit.
What industry is Magebit in?
Magebit's product category is E-commerce Agency Services. Its primary akta.pro industry code is HDAEAHAG, iBPMS (Intelligent BPM Suites) & Process Automation Suites. Its NAICS code is 541511 and its SIC code is 7371.