Magma Partners

R5 is a company based in Colombia that simplifies vehicle ownership by providing an online insurance and lending platform. It enables low-income customers to use their cars and motorcycles as collateral to secure financing. The platform facilitates access to funds for refinancing expensive debt or investing in businesses, offering a digital process for purchasing compulsory vehicle insurance with affordable policies. Through its services, R5 allows customers to leverage their vehicles to obtain credit at lower rates, making financial opportunities more accessible.

Kushki is a Latin America–focused digital payments platform that offers an integrated payments solution and omnichannel capabilities for e-commerce, m-commerce, and brick‑and‑mortar retail. It provides an API that standardizes the region’s fragmented payments landscape by supporting card payments, bank transfers, and cash networks, with access to more than 300,000 physical payment points. The platform emphasizes local logic and pricing to simplify cross‑border and local transactions and enables rapid integration for merchants. Founded in 2016 in New York City, Kushki operates across Brazil, Chile, Colombia, Ecuador, Mexico, Peru, the United States, and Canada.

Kushki is a Latin America–focused digital payments platform that offers an integrated payments solution and omnichannel capabilities for e-commerce, m-commerce, and brick‑and‑mortar retail. It provides an API that standardizes the region’s fragmented payments landscape by supporting card payments, bank transfers, and cash networks, with access to more than 300,000 physical payment points. The platform emphasizes local logic and pricing to simplify cross‑border and local transactions and enables rapid integration for merchants. Founded in 2016 in New York City, Kushki operates across Brazil, Chile, Colombia, Ecuador, Mexico, Peru, the United States, and Canada.

Treble.ai, Inc. is a technology company based in Colombia that specializes in enhancing customer support for businesses through its innovative platform. The platform enables companies to gather customer feedback via SMS and email, facilitating a deeper understanding of customer needs. Additionally, Treble.ai automates customer interactions through popular messaging apps like WhatsApp, allowing businesses to streamline their communication processes. By providing tools for effective marketing and engagement, Treble.ai aims to make mobile communications more agile and personalized, helping businesses worldwide adapt to the evolving demands of their users.

Keynua is a Peruvian company founded in 2019 that specializes in developing e-signature solutions combined with identity verification services tailored for the Latin American market. Headquartered in Lima, the company offers a unique platform that utilizes innovative 3-second video signatures, enabling users to identify signatories, validate transactions, and approve documents securely. This technology reduces the burden of traditional identity verification processes while enhancing protection against fraud, making it an effective tool for various business applications. Keynua's focus on streamlined and secure digital signatures addresses the growing demand for efficient and reliable identification methods in the region.

Vozy Inc is an artificial intelligence company based in Medellín, Colombia, with additional offices in Argentina, Chile, Mexico, Peru, Spain, and the United States. The company specializes in developing a voice platform that revolutionizes how businesses engage with their customers. Vozy's technology integrates conversational AI and contextual voice assistants, allowing companies to automate communication through both self-service and personalized interactions. This enables businesses to enhance customer experiences while optimizing operational costs. Founded in 2011, Vozy aims to support customer-centric enterprises in delivering tailored experiences at scale.

Truora is a technology company that provides identity verification, background checks, and onboarding automation through a cloud platform. Its solutions use optical character recognition for document validation, facial recognition for real-time user validation, and identity management to support KYC processes, enabling secure onboarding for retailers, banks, HR firms, and marketplaces. The company serves startups, marketplaces, fintechs, and banks seeking to reduce risk and verify relationships with users, customers, employees, and suppliers, and also offers a business chatbot platform to simplify onboarding, deliver personalized service, and improve sales and marketing efficiency via social media. Founded in 2018, Truora is based in San Francisco with additional offices in Colombia, Mexico, and Brazil.

Kushki is a Latin America–focused digital payments platform that offers an integrated payments solution and omnichannel capabilities for e-commerce, m-commerce, and brick‑and‑mortar retail. It provides an API that standardizes the region’s fragmented payments landscape by supporting card payments, bank transfers, and cash networks, with access to more than 300,000 physical payment points. The platform emphasizes local logic and pricing to simplify cross‑border and local transactions and enables rapid integration for merchants. Founded in 2016 in New York City, Kushki operates across Brazil, Chile, Colombia, Ecuador, Mexico, Peru, the United States, and Canada.

Founded in 2018, Chaty is an online platform headquartered in Lima, Peru. It helps restaurants sell products online and build customer loyalty by offering a chatbot for order taking and secure payment processing.

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.

Workep, Inc. is a company based in Medellin, Colombia, that operates a project management platform designed to enhance collaboration among modern teams. The platform uniquely integrates and automates all Google applications, allowing users to connect their G Suite tools with ease and efficiency. By streamlining workflows, Workep eliminates the need for extensive technical skills and reduces the time spent on manual tasks such as report generation and file synchronization. Additionally, the platform features an artificial intelligence component that recognizes usage patterns, acting as a virtual assistant to provide insights on project progress and task coordination. This comprehensive approach fosters seamless communication and collaboration, ultimately helping clients achieve their project goals more effectively.

PleIQ is a Chilean start-up focused on creating innovative educational solutions that blend physical and digital experiences through Augmented Reality. It aims to promote the multiple intelligences of preschoolers by offering interactive and adaptive learning tools, which include educational toys and applications designed to enhance children's curiosity and engagement with learning. Recognized for its contributions to educational technology, PleIQ has received numerous accolades, including the Global Best Ed-Tech Solution at the GESAwards in 2021 and the Best EdTech Innovation at Bett Latam in 2017. The company's founder has been distinguished as one of the 35 MIT Innovators Under 35 in Latin America, highlighting PleIQ's commitment to advancing educational methods and its impact on early childhood learning.

Keteka is an online tours and activities marketplace and booking platform that operates a community-based adventure travel platform, offering a database of tours and activities and enabling travelers to book authentic, safe experiences with validated local guides from developing communities. The service serves customers worldwide and is based in Panama, with operations in Guatemala, Ecuador, Peru, and Chile. Keteka emphasizes dignified economic opportunities for local communities by connecting travelers with local guides and fostering responsible, culturally immersive travel experiences.

Jooycar is a leading provider of connected car platforms, utilizing telematics technology to enhance driving behavior and create new business opportunities in the insurance and automotive industries. With operations across Latin America and the United States, Jooycar has successfully connected over 30,000 vehicles and processed more than 100 million kilometers of data.

Bankity is a financial technology company founded in 2014 and based in Colombia. It offers an online and mobile application designed for personal financial management, allowing users to effortlessly track their expenses and manage their finances in real time. The platform automatically records transactions made with electronic money without requiring users to input their bank passwords, ensuring a secure and risk-free experience. Bankity's tools include daily card analysis and expense control features, which have contributed to significant growth in user engagement, evidenced by over tenfold growth in the last six months. Through its innovative approach, Bankity aims to simplify personal finance management for its users.

S-Save S.A. is a Chilean company based in Vitacura that specializes in developing online financial solutions aimed at helping businesses reduce costs. In addition to its financial services, S-Save also sells sustainable equipment designed to conserve and generate essential resources such as electricity, water, and gas. The company's technology harnesses ambient heat from the air to efficiently heat water for residential and commercial use, thereby promoting environmental sustainability. Through its innovative solutions, S-Save contributes to both economic savings for its clients and positive environmental impacts.

RetailCompass is a company that specializes in providing efficient solutions and up-to-date data for businesses focused on optimizing their pricing strategies and enhancing sales performance. Founded in 2014 and headquartered in Santiago, Chile, RetailCompass utilizes web crawlers to gather comprehensive information on competitors' pricing, product assortment, stock levels, and shipping costs. This business intelligence empowers retailers and brands to make informed and timely pricing decisions, ultimately improving their online strategies and competitiveness in the market.

ChileTrabajos operates an online job platform that connects employers with job seekers. It offers a range of employment services including administration, accounting, education, hospitality tourism, and more.

Reqlut S.A. is a pioneering social platform based in Santiago, Chile, that revolutionizes the job search process by enabling current and former employees to share reviews and salary information about their workplaces. This innovative approach provides new job seekers with valuable insights into company cultures, fostering transparency in the recruitment process. Reqlut employs advanced human resources technologies and methodologies to facilitate efficient and user-friendly job matching, ensuring that individuals can find employment that aligns with their skills and preferences. The company aims to transform the job search experience into a positive and enjoyable journey, ultimately contributing to a more satisfying work environment for all.

Edoome is an online education platform that provides virtual classrooms and tools for teachers to share files and videos, communicate with students, and organize classes. The platform enables publishing assignments, quizzes, and grades, supports planning, assessment, and progress tracking, and connects teachers with students and parents to monitor academic goals. By unifying classroom activities in a single platform, Edoome aims to bridge gaps between different education settings. Founded in 2012 and based in Chile.

Pricing Compass is a price intelligence analytics platform based in Santiago, Chile. The company specializes in providing price analytics for large retailers across Latin America and the United States. By leveraging advanced data analytics, Pricing Compass helps businesses optimize their pricing strategies, enabling them to make informed decisions in a competitive market. The platform focuses on delivering actionable insights that assist retailers in effectively managing their pricing and enhancing their overall profitability.

Founded in 2006, ReStudio specializes in developing and providing dimensional information technology solutions tailored for mining, energy, and public works projects. The company supports the design, construction, and maintenance of these projects through services such as Point Cloud Baseline, as-built documentation, dimensional control, condition monitoring, and project presentation.

Deenty is a healthcare technology company based in Santiago, Chile, that specializes in creating an online platform to connect dentists with patients. The platform is designed to enhance patient engagement through education and a rating system, while also assisting dental practices in attracting more patients. Deenty offers tools that modernize the patient experience and automate routine administrative tasks, such as scheduling and appointment reminders. Additionally, the company collaborates with health insurance providers to integrate its services with healthcare systems, facilitating real-time reimbursement processes. This comprehensive approach aims to make dental care more accessible and efficient for both patients and healthcare providers.