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 digital payment platform focused on Latin America, designed to streamline the payments landscape across the region. Founded in 2016 by Aron Schwarzkopf and Sebastian Castro, the company provides an integrated payments solution that caters to e-commerce, mobile commerce, and physical retail. Kushki’s API standardizes various payment methods, including credit and debit cards, bank transfers, and cash networks, facilitating seamless transactions across over 300,000 physical points of payment. Its platform features capabilities such as a payment box, recurring payments, smart links, and tokenization, enabling real-time multi-channel payment processing. With operations in countries including Brazil, Chile, Colombia, Ecuador, Mexico, Peru, the USA, and Canada, Kushki aims to enhance operational efficiencies, reduce costs, and offer businesses comprehensive control and transparency over their payment systems.

Kushki is a digital payment platform focused on Latin America, designed to streamline the payments landscape across the region. Founded in 2016 by Aron Schwarzkopf and Sebastian Castro, the company provides an integrated payments solution that caters to e-commerce, mobile commerce, and physical retail. Kushki’s API standardizes various payment methods, including credit and debit cards, bank transfers, and cash networks, facilitating seamless transactions across over 300,000 physical points of payment. Its platform features capabilities such as a payment box, recurring payments, smart links, and tokenization, enabling real-time multi-channel payment processing. With operations in countries including Brazil, Chile, Colombia, Ecuador, Mexico, Peru, the USA, and Canada, Kushki aims to enhance operational efficiencies, reduce costs, and offer businesses comprehensive control and transparency over their payment systems.

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, Inc. is a technology company that operates an online platform specializing in background checks and identity theft detection. Founded in 2018 and headquartered in San Francisco, California, with additional offices in Colombia, Mexico, and Brazil, Truora aims to simplify and automate digital interactions. Its platform utilizes advanced technologies such as optical character recognition for document validation, face recognition for real-time user verification, and identity management to streamline Know Your Customer processes. Truora serves a diverse clientele that includes national and international retailers, banks, human resource firms, startups, and marketplaces, helping them reduce risk and validate relationships with users, customers, employees, and suppliers.

Kushki is a digital payment platform focused on Latin America, designed to streamline the payments landscape across the region. Founded in 2016 by Aron Schwarzkopf and Sebastian Castro, the company provides an integrated payments solution that caters to e-commerce, mobile commerce, and physical retail. Kushki’s API standardizes various payment methods, including credit and debit cards, bank transfers, and cash networks, facilitating seamless transactions across over 300,000 physical points of payment. Its platform features capabilities such as a payment box, recurring payments, smart links, and tokenization, enabling real-time multi-channel payment processing. With operations in countries including Brazil, Chile, Colombia, Ecuador, Mexico, Peru, the USA, and Canada, Kushki aims to enhance operational efficiencies, reduce costs, and offer businesses comprehensive control and transparency over their payment systems.

Chaty is an online platform founded in 2018 and headquartered in Lima, Peru, that assists restaurants in enhancing their online sales and customer loyalty. The company has developed a restaurant chatbot that enables establishments to take orders and process payments electronically. Chaty's platform supports restaurants in managing their products and serving clients effectively, allowing them to accept payments through various methods, including credit and debit cards. By providing these services, Chaty empowers restaurants to increase their order volume and streamline payment processes in a secure and efficient manner.

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.

Jooycar is a leading car telematics and Insurtech company in Latin America, recently expanding its operations to the United States. It has established itself as a pioneer in the region, being the first in Chile to connect over 30,000 vehicles and process more than 100 million kilometers. Jooycar operates in multiple countries, including Peru, Brazil, Mexico, and the U.S., and is notable for its dual capability to manage both personal and commercial insurance lines. The company utilizes telematic technology to analyze real-time data from vehicles and drivers, thereby enhancing driving behavior and customer experience. By leveraging this data, Jooycar creates new business opportunities within the insurance and automotive sectors, particularly through its pay-per-mile program and its commercial platform, Fleetr.

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 is an online job platform that specializes in providing human capital services across various sectors, including administration, accounting, education, aesthetics, hospitality, telecommunications, and psychopedagogy. The platform facilitates the hiring process by allowing employers to upload job postings, while job seekers can efficiently search for employment opportunities based on categories, locations, and business types. This streamlined approach enables candidates to find suitable job matches more quickly, enhancing the overall employment experience for both job seekers and employers.

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, Inc. is a Chile-based company founded in 2012 that specializes in creating online classrooms designed to enhance communication and collaboration between teachers, students, and parents. Its platform serves as a comprehensive social learning management system, allowing educators to share files and videos, publish assignments, quizzes, and grades, and effectively organize their classes. By providing tools that streamline lesson planning, assessment, and progress tracking, Edoome aims to simplify the educational experience for teachers and improve student engagement. The company focuses on bridging the gap between private and public education, fostering a connected online education community.

ReStudio S.A., established in 2006 and headquartered in Santiago, Chile, specializes in developing and providing dimensional information technology solutions tailored for mining, energy, and public works projects. The company supports the lifecycle of these projects by offering services such as Point Cloud Baseline, as-built documentation, dimensional control, condition monitoring, and project presentation. ReStudio's solutions also cater to industrial plant management and tunnel management, aiming to enhance productivity and reduce operational risks during design, construction, and maintenance phases.

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.