Magma Partners

company

About

Magma Partners is an early-stage investment firm that supports Latin American entrepreneurs.

  • 11 - 50

Details

Industries
Angel Investment,Finance,Financial Services,FinTech,Venture Capital
Founded date
Jan 1, 2014
Number Of Employee
11 - 50
Operating Status
Active
Investor Type
Venture Capital

Magma Partners is an early-stage stage venture capital firm that helps the best Latin American entrepreneurs launch and scale in the US market. They focus on fintech, insurance tech, and blockchain startups in Latin America, and global startups with Latin American tech teams that target the US market. Magma Partners has offices in California, Colombia, Mexico, and China, with its headquarters in Santiago, Chile.

Since 2014, Magma Partners has invested in 38 companies across Chile, USA, Mexico, Colombia, Peru, Argentina, Puerto Rico, and Costa Rica. They currently investing through their second fund, Magma Fund II, a US$15M fundraised from partners in Chile, the US, and China. Magma Partners also manages the Sino-Latin American accelerator, a program designed to help Chinese entrepreneurs do business in Latin America, and vice versa.

Investments

Number of Investments
Number of Lead Investments
10
2
Magma Partners has made 10 investments. Their most recent investment was on Nov 29, 2022, when Flourish Fi raised $2.30M.
Date Company Name
Round Money Raised Industry Lead Investor
Nov 29, 2022 Flourish Fi
Seed $2.30M Financial Services Yes
May 4, 2022 Belo
Seed $3M Banking
Dec 2, 2021 Mendel
Series A $15M
Jul 28, 2021 Quansa
Seed $3.58M Employee Benefits
May 12, 2021 Ontop
Seed $4.50M FinTech