# Magma Partners: portfolio, investments and team

> Magma Partners is a vc firm based in Chile. 41 investments on record, 5 in the last 12 months, latest Jun 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/magma-partners (Millionrounds; every figure on the page links to its filing or article)

Chile · [Investor](https://millionrounds.com/investors)

# Magma Partners

Last cheque observed Jun 2026; 41 cheques on record.

Email

VC firm Deploying now Last fund $5.0M, Dec 2017

Pre-seed Agnostic Financial Services Insur Tech

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Deploying now

**42%** of best year **5** **cheques in 12 months**, 41 on record

Since the last cheque **128** days **00** hrs **00** min **00** sec

Median round **$2.0M** Rounds led **4 of 41** Sole investor **10 rounds** Mostly in **United States, 29%**

Pitch Magma Partners

## Magma Partners highlights

- 01 5 cheques in the last 12 months
- 02 Mostly Seed and Pre-seed: 58% of its rounds
- 03 Sole investor in 10 rounds, median $2.0M

## What they do

> Magma is a venture capital firm specialized in identifying, investing in, and supporting the top technological startups in Latin America. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** From $25K as they say
- **Stages:** Pre-seed
- **Sectors:** Agnostic Financial Services Insur Tech
- **Based in:** Providencia, Chile
- **Cold pitches:** Accepted

## The record

Every round we can evidence, newest first **41 appearances**

- **2026** 4 rounds
- **Jun** **[Bianca](https://millionrounds.com/company/bianca)** Pre-seed · AR · LatamList **$500K** *Led*
- **Mar** **[Moonflow](https://millionrounds.com/company/moonflow)** Debt · US **$1.6M** With 1 other
- **Feb** **[Bullish](https://millionrounds.com/company/bullish)** Secondary · US **$1.8M** Sole investor
- **Jan** **[Saptiva AI](https://millionrounds.com/company/saptiva-ai)** Venture · MX **Undisclosed** With 1 other
- **2025** 9 rounds
- **Dec** **[Leasy](https://millionrounds.com/company/leasy)** Venture · IT **$31M** Sole investor
- **Jul** **[DataRoot](https://millionrounds.com/company/dataroot)** Seed · CL **$1.2M** With 3 others
- **Jun** **[Frente](https://millionrounds.com/company/frente)** Series A · BR · LatamList **$5.5M** Sole investor
- **May** **[Conectamos](https://millionrounds.com/company/conectamos)** Pre-seed **$650K** With 2 others
- **Apr** **[Altis](https://millionrounds.com/company/altis)** Seed · BR · LatamList **$2.6M** With 1 other
- **Apr** **[Nufi](https://millionrounds.com/company/nufi)** Seed · MX · LatamList **$1.5M** *Led*
- **Apr** **[Divibank](https://millionrounds.com/company/divibank)** Series A · BR · LatamList **$8.2M** With 13 others
- **Feb** **[Yavendió](https://millionrounds.com/company/yavendio)** Pre-seed · MX · LatamList **$850K** *Led*
- **Jan** **[PayMon](https://millionrounds.com/company/paymon)** Pre-seed · EC · LatamList **$600K** *Led*
- **2024** 6 rounds
- **Nov** **[Influur](https://millionrounds.com/company/influur)** Series A · US · LatamList **$10M** With 11 others
- **Sept** **[MEND](https://millionrounds.com/company/mend)** Debt · US **$2.5M** Sole investor
- **Sept** **[Plaza](https://millionrounds.com/company/plaza)** Pre-seed · BR **$975K** With 1 other
- **Sept** **[Koltin](https://millionrounds.com/company/koltin)** Series A · MX **$7.3M** With 5 others
- **Mar** **[Neivor](https://millionrounds.com/company/neivor)** Seed · MX **$600K** With 1 other
- **Mar** **[Kravata](https://millionrounds.com/company/kravata)** Seed · CO **$3.6M** With 2 others
- **2023** 4 rounds
- **Aug** **[SOMOS](https://millionrounds.com/company/somos)** Pre-seed · US **$20K** With 2 others
- **Jun** **[FZ Sports](https://millionrounds.com/company/fz-sports)** Debt · US **$74M** With 1 other
- **May** **[Yumari](https://millionrounds.com/company/yumari)** Pre-seed · MX **$2.0M** With 2 others
- **Jan** **[Zenfi](https://millionrounds.com/company/zenfi)** Venture · MX **$8.5M** With 1 other
- **2022** 7 rounds
- **Oct** **[DeltaX.la](https://millionrounds.com/company/deltax-la)** Venture · BO **Undisclosed** Sole investor
- **Oct** **[Listopro](https://millionrounds.com/company/listopro)** Venture · MX **Undisclosed** With 2 others
- **Jun** **[Anyone AI](https://millionrounds.com/company/anyone-ai)** Pre-seed · US **$1.5M** With 2 others
- **Apr** **[Lenk](https://millionrounds.com/company/lenk)** Seed · CL **$2.0M** With 4 others
- **Mar** **[Cura Deuda](https://millionrounds.com/company/cura-deuda)** Seed · MX **$1.3M** Sole investor
- **Mar** **[HelloGuru](https://millionrounds.com/company/helloguru)** Venture · US **Undisclosed** With 3 others
- **Mar** **[Mono](https://millionrounds.com/company/mono)** Venture · CO **Undisclosed** With 3 others
- **2021** 6 rounds
- **Oct** **[MagicBell](https://millionrounds.com/company/magicbell)** Seed · US **$2.5M** With 3 others
- **Oct** **[Sekure](https://millionrounds.com/company/sekure)** Pre-seed · CO **$500K** Sole investor
- **Jul** **[Guros](https://millionrounds.com/company/guros)** Seed · MX **$5.8M** With 1 other
- **Jul** **[Global 66](https://millionrounds.com/company/global-66)** Series A · CL **$12M** With 3 others
- **Jul** **[Quansa](https://millionrounds.com/company/quansa)** Seed · BR **$3.6M** With 4 others
- **Jun** **[Zenda.la](https://millionrounds.com/company/zenda-la)** Seed **$2.0M** Sole investor
- **2020** 1 round
- **Apr** **[Edoome](https://millionrounds.com/company/edoome)** Grant **$33K** Sole investor
- **2019** 3 rounds
- **Nov** **[GroupRaise](https://millionrounds.com/company/groupraise)** Grant **$500K** With 2 others
- **Oct** **[Base Operations](https://millionrounds.com/company/base-operations)** TechCrunch **$1.0M** With 3 others
- **Jul** **[Dataplor](https://millionrounds.com/company/dataplor)** US · TechCrunch **$2.0M** With 4 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **2 named**

FS **Francisco Saenz Rica** Director i Filing they signed

NL **Nathan Lustig** Director i Filing they signed

We also hold **27** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What they claim to have backed

From their own portfolio page (on their website)

**0** of 1 we have independently watched raise

Crossing Borders

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Latest fund on file

**$5.0M**

raised in Dec 2017

From its SEC filing. Nothing newer is on file yet.

## The cheque

Pre-seed

Median round joined **$2.0M** the round, not its cheque Alone, median **$2.0M**

Led 4 of 41 rounds **10%**

- **Said size:** From $25K
- **Sole investor:** 10 rounds
- **Last cheque:** Jun 2026

Rounds by stage said on their site

- Seed *12*
- Pre-seed said *9*
- Venture *7*
- Series A *5*
- Debt *3*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Latitud](https://millionrounds.com/fund/latitud) 4
- [Y Combinator](https://millionrounds.com/fund/y-combinator) 4
- [Clocktower Ventures](https://millionrounds.com/fund/clocktower-ventures) 3
- [Techstars](https://millionrounds.com/fund/techstars) 3
- [Semilla Ventures](https://millionrounds.com/fund/semilla-ventures) 2
- [Soma Capital](https://millionrounds.com/fund/soma-capital) 2

**Pitching Magma Partners?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Magma Partners. A count of rooms they were both in, not a relationship either has claimed.

[**Latitud** VC firm **4** rounds together](https://millionrounds.com/fund/latitud)[**Y Combinator** Accelerator **4** rounds together](https://millionrounds.com/fund/y-combinator)[**Clocktower Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/clocktower-ventures)[**Techstars** VC firm **3** rounds together](https://millionrounds.com/fund/techstars)[**Semilla Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/semilla-ventures)[**Soma Capital** VC firm **2** rounds together](https://millionrounds.com/fund/soma-capital)

## Recently backed

The latest companies Magma Partners put money into.

[**Bianca** $500K · Jun 2026](https://millionrounds.com/company/bianca)[**Moonflow** $1.6M · Mar 2026](https://millionrounds.com/company/moonflow)[**Bullish** $1.8M · Feb 2026](https://millionrounds.com/company/bullish)[**Leasy** $31M · Dec 2025](https://millionrounds.com/company/leasy)[**DataRoot** $1.2M · Jul 2025](https://millionrounds.com/company/dataroot)[**Frente** $5.5M · Jun 2025](https://millionrounds.com/company/frente)

## On podcasts

1 episode naming Magma Partners in the title, and 2 more that mention it.

- [Latitud Podcast](https://millionrounds.com/podcasts/latitud) 19 Feb 2021 · 38 min #17 - Underestimated founders = outsized returns: Claire Diaz-Ortiz, Magma Partners With [Claire Diaz-Ortiz](https://millionrounds.com/person/claire-diaz-ortiz) Mentions [Magma Partners](https://millionrounds.com/fund/magma-partners) Apple Podcasts

### Mentioned in

- [Latitud Podcast](https://millionrounds.com/podcasts/latitud) 25 Nov 2021 · 49 min #70 - Building teams that bridge gaps: Daniel Bilbao, Truora Apple Podcasts
- [Latitud Podcast](https://millionrounds.com/podcasts/latitud) 1 Sept 2021 · 13 min #55 - Altitud | Salvador Rivero from Levo and building a high-yield savings account for Mexico Apple Podcasts

## Quick answers about Magma Partners

### What does Magma Partners invest in?

Magma Partners invests most often at Seed and Pre-seed (58% of the rounds on record), in sectors such as Agnostic, Financial Services and Insur Tech.

### How active is Magma Partners?

41 investments on record, 5 of them in the last 12 months, and it led 4. The most recent was in Jun 2026.

### What has Magma Partners invested in recently?

Its most recent investments on record: Bianca (Pre-seed, Jun 2026), Moonflow (Debt, Mar 2026) and Bullish (Secondary, Feb 2026).

### How big are Magma Partners's cheques?

The median round it joins is $2.0M.

### Does Magma Partners lead rounds?

Sometimes: it led 4 of its 41 investments on record (10%).

### Where does Magma Partners invest?

Most of the companies it backs are in the United States (29%), Mexico (29%) and Brazil (14%).

### Is Magma Partners investing now?

Yes: it is actively investing, with 5 investments in the last 12 months.

### Who does Magma Partners invest alongside?

Most often Latitud (4 rounds together), Y Combinator (4 rounds together) and Clocktower Ventures (3 rounds together).

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