Magma Partners

Magma Partners is an early-stage venture capital firm established in 2014 and headquartered in Santiago, Chile. The firm specializes in supporting Latin American entrepreneurs as they expand into the US market, with a particular focus on fintech, insurtech, and blockchain startups. Magma Partners has a global reach, maintaining offices in California, Colombia, Mexico, and China, and has invested in 38 companies across various countries, including Chile, the USA, Mexico, Colombia, Peru, Argentina, Puerto Rico, and Costa Rica. Currently, the firm is investing through its second fund, which has raised $15 million from partners in Chile, the US, and China. Additionally, Magma Partners runs the Sino-Latin American accelerator, aimed at facilitating business opportunities between Chinese entrepreneurs and Latin American markets.

Codie Sanchez

Venture Partner

Past deals in Carribean

BrainHi

Seed Round in 2018
BrainHi Inc. is a healthcare communication company based in San Juan, Puerto Rico, founded in 2017. It specializes in enhancing interactions between healthcare providers and potential patients by integrating phone customer service with online private messaging. The company offers various services aimed at improving operational efficiency, such as answering inquiries from potential patients, reducing administrative burdens on staff, scheduling appointments, and managing missed calls. By streamlining communication, BrainHi helps healthcare providers better engage with their patients and improve overall service delivery.

Keteka

Seed Round in 2017
Keteka, LLC is an online adventure travel platform that connects travelers with local guides in developing communities across Panama, Guatemala, Ecuador, Peru, and Chile. Founded by two former Peace Corps volunteers, Keteka aims to provide unique and authentic travel experiences while promoting economic opportunities for marginalized communities. The platform features a diverse database of tours and activities that allow travelers to explore off-the-beaten-path destinations safely and meaningfully. By validating the local guides and their offerings, Keteka ensures that travelers can book genuine experiences that reflect the culture and history of each location. This model not only enriches the travel experience for visitors but also empowers local communities by giving them direct access to the tourism market.