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.

Pedro Pablo del Campo Klerman

Partner

Alexa Clark

Associate

Claire Diaz-Ortiz

Partner

Rodney Dir

Venture Partner

Makote Gutierrez

Partner

Jie Hao Ph.D

Venture Partner

Juan Kontarovsky

Investor

Jiating Li

Principal

Nathan Lustig

Managing Partner and Co-Founder

Eugenio Perea

Venture Partner

Francisco Saenz Rica

Co-Founder and Partner

Sophia Wood

Venture Partner

Past deals in Chile

Global66

Series A in 2021
Global66 operates an international online payment platform that facilitates money transfers for customers. Founded in 2017 and headquartered in Santiago, Chile, with additional offices in London and Lima, the company provides a variety of services, including a multicurrency wallet, peer-to-peer payments, and zero cross-border fees. Its platform supports transactions such as payments to Google, loans between subsidiaries, and business-to-business services, catering primarily to clients and businesses in Latin American countries. By offering competitive rates and fast remittance options, Global66 aims to simplify international financial transactions for its users.

Kushki

Series B in 2021
Kushki is a payment platform specifically designed for the Latin American market, enabling seamless integration and local pricing strategies. Founded in New York City in 2016 by entrepreneurs Aron Schwarzkopf and Sebastian Castro, Kushki connects various payment methods across the region, including credit and debit cards, bank transfers, and cash networks, utilizing over 300,000 physical payment points. The platform offers a comprehensive suite of solutions for e-commerce, mobile commerce, and physical retail, featuring services such as a payment box, recurring payments, smart links, and tokenization. By standardizing the fragmented payment landscape, Kushki enhances operational efficiency, reduces costs, and provides businesses with greater control and transparency in managing their digital payment processes. The company operates in multiple countries, including Brazil, Chile, Colombia, Ecuador, Mexico, Peru, the USA, and Canada.

Kushki

Series B in 2021
Kushki is a payment platform specifically designed for the Latin American market, enabling seamless integration and local pricing strategies. Founded in New York City in 2016 by entrepreneurs Aron Schwarzkopf and Sebastian Castro, Kushki connects various payment methods across the region, including credit and debit cards, bank transfers, and cash networks, utilizing over 300,000 physical payment points. The platform offers a comprehensive suite of solutions for e-commerce, mobile commerce, and physical retail, featuring services such as a payment box, recurring payments, smart links, and tokenization. By standardizing the fragmented payment landscape, Kushki enhances operational efficiency, reduces costs, and provides businesses with greater control and transparency in managing their digital payment processes. The company operates in multiple countries, including Brazil, Chile, Colombia, Ecuador, Mexico, Peru, the USA, and Canada.

Kushki

Series A in 2020
Kushki is a payment platform specifically designed for the Latin American market, enabling seamless integration and local pricing strategies. Founded in New York City in 2016 by entrepreneurs Aron Schwarzkopf and Sebastian Castro, Kushki connects various payment methods across the region, including credit and debit cards, bank transfers, and cash networks, utilizing over 300,000 physical payment points. The platform offers a comprehensive suite of solutions for e-commerce, mobile commerce, and physical retail, featuring services such as a payment box, recurring payments, smart links, and tokenization. By standardizing the fragmented payment landscape, Kushki enhances operational efficiency, reduces costs, and provides businesses with greater control and transparency in managing their digital payment processes. The company operates in multiple countries, including Brazil, Chile, Colombia, Ecuador, Mexico, Peru, the USA, and Canada.

Houm

Seed Round in 2020
Houm is reinventing the way of leasing properties in Latam by leveraging technology, data, and design to transform a currently painful and bureaucratic process into a pleasant, quick, and simple experience, both for the owner as for the tenant.

Kushki

Series A in 2018
Kushki is a payment platform specifically designed for the Latin American market, enabling seamless integration and local pricing strategies. Founded in New York City in 2016 by entrepreneurs Aron Schwarzkopf and Sebastian Castro, Kushki connects various payment methods across the region, including credit and debit cards, bank transfers, and cash networks, utilizing over 300,000 physical payment points. The platform offers a comprehensive suite of solutions for e-commerce, mobile commerce, and physical retail, featuring services such as a payment box, recurring payments, smart links, and tokenization. By standardizing the fragmented payment landscape, Kushki enhances operational efficiency, reduces costs, and provides businesses with greater control and transparency in managing their digital payment processes. The company operates in multiple countries, including Brazil, Chile, Colombia, Ecuador, Mexico, Peru, the USA, and Canada.

QVO

Pre Seed Round in 2018
QVO SpA operates an online payment solutions in Ecuador, Colombia, Mexico, Peru, US, Canada, and Chile. The company was founded in 2016 and is based in Santiago, Chile. As of August 6, 2019, QVO SpA operates as a subsidiary of KUSHKI S.A.

CryptoMKT

Seed Round in 2018
CryptoMKT SpA operates an electronic cryptocurrency trading platform and exchange based in Las Condes, Chile, founded in 2016. The platform facilitates the trading of various digital assets, including Bitcoin, Ethereum, and Stellar, and offers additional services such as a cryptocurrency wallet for sending and receiving Ether. Over the years, CryptoMKT has expanded its reach to several countries, including Argentina, Spain, Brazil, and Mexico, connecting over 160,000 users. The company has also pursued funding to enhance its services and integrate payment systems across the region, reflecting its commitment to fostering cryptocurrency adoption and usage in Latin America and beyond.

PleIQ

Seed Round in 2017
PleIQ Smart Toys SpA is a Chilean company that designs and develops educational toys and games that integrate 3D Interactive Augmented Reality (AR) and artificial intelligence (AI). Its flagship product, PleIQ Stories, combines a physical cube, a mobile application, and an illustrated book, allowing users to read stories and interact with 3D characters through the app. Additionally, PleIQ offers PleIQ School, a platform that analyzes student progress and provides individualized analytics, early alerts, and insights regarding classroom performance. Founded in 2016 and based in Santiago, PleIQ aims to enhance learning experiences for preschoolers by merging the physical and digital realms, thereby fostering multiple intelligences and curiosity. The company has received several accolades, including recognition as the Best EdTech Innovation of 2017 by Bett Latam and honors for its CEO as one of MIT's Innovators Under 35 in Latin America.

FounderList

Seed Round in 2017
FounderList is an online investment platform based in Santiago, Chile, focused on high-impact startups in Latin America. Established in 2015, it operates as a crowdfunding service, providing opportunities for venture capital, angel investment, and seed funding. The platform serves various sectors, including business product services, consumer product services, financial services, and information technology, enabling investors to support emerging companies and drive innovation in the region.

Awesome Jobs

Seed Round in 2017
Awesome Jobs is a job portal established in 2017, specializing in positions within startups. The platform leverages artificial intelligence and micro-targeting to connect professionals with relevant job opportunities. By utilizing targeted campaigns, Awesome Jobs aims to streamline the job search process, making it easier for candidates to discover suitable roles in the dynamic startup sector.

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.

Pousta

Seed Round in 2016
Pousta is a Chilean company that specializes in electronic magazine publishing. It operates a multimedia communication platform that focuses on creating and amplifying relevant content for new generations. The digital magazine covers a variety of topics, including design, advertising, fashion, music, and trends. By producing original content, Pousta aims to contribute to the development and dissemination of ideas, allowing readers to engage deeply and enhance their knowledge.

AmberAds

Seed Round in 2016
AmberAds SpA, based in Santiago, Chile, is a mobile technology company that specializes in providing marketing solutions for mobile application developers and marketers. The company focuses on helping clients retarget, reach, re-engage, and monetize users across various mobile channels, including mobile apps, mobile websites, and progressive web apps. AmberAds utilizes proprietary algorithms to optimize performance campaigns, aiming to enhance user retention and drive sales, thereby increasing the lifetime value and return on investment for its clients. The company's services cater to a diverse range of industries, including food and drink, travel, mobile commerce, and transportation.

Jooycar

Seed Round in 2016
Jooycar is the fastest growing car telematics company and Insurecth in Latam and recently open operation in the US. We are the first company in Chile to have more than 30K connected cars and more than 100MM km processed, we are the first LatAm telematics company to have connected vehicles in Chile, Peru, Brazil Mexico and the US. The first telematics company to successfully operate a personal lines (first pay-per-mile program in Latinamerica) and commercial lines at the same time. Fleetr Commercial Lines (US) www.fleetr.com

AmberAds

Seed Round in 2016
AmberAds SpA, based in Santiago, Chile, is a mobile technology company that specializes in providing marketing solutions for mobile application developers and marketers. The company focuses on helping clients retarget, reach, re-engage, and monetize users across various mobile channels, including mobile apps, mobile websites, and progressive web apps. AmberAds utilizes proprietary algorithms to optimize performance campaigns, aiming to enhance user retention and drive sales, thereby increasing the lifetime value and return on investment for its clients. The company's services cater to a diverse range of industries, including food and drink, travel, mobile commerce, and transportation.

S-Save

Seed Round in 2015
S-Save S.A. is a fintech company based in Vitacura, Chile, specializing in online financial solutions aimed at helping businesses save money. The company focuses on providing financing options for solar and renewable energy projects, making it easier for consumers and companies to invest in sustainable energy initiatives. Through its innovative financial products, S-Save facilitates access to funding, thereby promoting environmentally friendly practices and contributing to cost savings for its clients.

ChileTrabajos

Seed Round in 2015
ChileTrabajos is the largest online job portal in Chile, providing a platform for human capital services. It facilitates the hiring process by allowing employers to upload job postings and enabling job seekers to search for opportunities based on various criteria, such as category, city, and type of employment. This streamlined approach helps candidates find suitable jobs more efficiently, making it a vital resource in the Chilean job market.

Reqlut

Seed Round in 2014
Reqlut S.A. is a social platform based in Santiago, Chile, that transforms the job search experience by enabling current and former employees to share reviews and salary information about their workplaces. This innovative platform employs advanced human resources technologies and methodologies to facilitate a more user-friendly, effective, and transparent recruitment process. By allowing users to access insights into various companies, Reqlut aims to help individuals find positions that align with their skills and preferences, ultimately fostering a more satisfying work environment. The company's mission is to reshape the job search paradigm, making it a positive and enjoyable journey for job seekers.

Pricing Compass

Seed Round in 2014
Pricing Compass is a price intelligence analytics platform based in Santiago, Chile. It specializes in providing price analytics for large retailers in Latin America and the United States. By leveraging data-driven insights, Pricing Compass helps businesses optimize their pricing strategies and enhance their competitive edge in the market. The platform focuses on delivering actionable intelligence that enables retailers to make informed pricing decisions.

Edoome

Seed Round in 2014
Edoome, Pty. Ltd. is a company that develops a social learning platform aimed at enhancing communication and collaboration between teachers and students within the school system. Founded in 2014 and based in Brisbane, Australia, the platform provides an environment where educators can extend classroom discussions, share new content, and facilitate group assignments. It offers tools for teachers to create and publish assignments, quizzes, and grades, allowing them to monitor and assess student performance effectively. Additionally, Edoome's platform aims to bridge the gap between private and public education by enabling greater interaction among teachers, students, and their parents, thus supporting the tracking of academic goals and progress.

ReStudio

Seed Round in 2014
ReStudio S.A., founded in 2006 and based in Santiago, Chile, specializes in the research, development, and provision of dimensional information technology solutions for the mining, energy, and public works sectors. The company enhances the design, construction, and maintenance of industrial and public works projects through its services, which include Point Cloud Baseline, as-built documentation, dimensional control, condition monitoring, and project presentation. ReStudio also offers tailored solutions for industrial plants and tunnel management, focusing on optimizing construction processes and reducing operational risks. Its innovative platform aims to accurately document the as-built state, facilitating planning and minimizing disruptions during expansion and modernization efforts.

Deenty

Seed Round in 2013
Deenty is the first all-in-one practice growth platform designed specifically for healthcare providers. their solution helps dentists attract more patients, modernize their patient experience, and automate routine tasks like scheduling and appointment reminders. they also work with health insurance providers to seamlessly integrates with healthcare systems to provide real-time reinbursments functionality.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.