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Magma Partners

Founders Diego Philippi Francisco Su00e1enz Rica Nathan Lustig

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 129
Average round size
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The average size of a deal this fund participated in
$4M
Portfolio companies 89
Rounds per year 12.90
Lead investments 19
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.29
Exits 2
Key employees 4
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • Financial Services
  • FinTech
  • Software
  • SaaS
  • Banking
Summary

In 2013 was created Magma Partners, which is appeared as VC. The main department of described VC is located in the Santiago. The venture was found in South America in Chile.

The usual things for fund are deals in the range of 100 thousands - 1 million dollars. The fund is constantly included in 2-6 deals per year. Considering the real fund results, this VC is 9 percentage points more often commits exit comparing to other organizations. The average startup value when the investment from Magma Partners is 10-50 millions dollars. The important activity for fund was in 2018.

The standard case for the fund is to invest in rounds with 1-2 partakers. Despite the Magma Partners, startups are often financed by Techstars, Start-Up Chile, Dreamit Ventures. The meaningful sponsors for the fund in investment in the same round are Nathan Lustig, Good Growth Capital, Glasswing Ventures. In the next rounds fund is usually obtained by Y Combinator, Z Nation Lab, Venture University.

Among the most popular portfolio startups of the fund, we may highlight dataPlor, Jooycar, PropertySimple. Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund. We can highlight the next thriving fund investment areas, such as Artificial Intelligence, SaaS. The fund has exact preference in some founders of portfolio startups. For fund there is no match between the location of its establishment and the land of its numerous investments - United States.

The fund was created by Francisco Su00e1enz Rica, Nathan Lustig. The overall number of key employees were 4.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Magma Partners:
Typical Co-investors
Magma Partners is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Magma Partners:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Prometeo

Banking
Financial Services
FinTech
$13M12 Jan 2024 Gualeguaychu, Entre Ríos Province, Argentina

Moonflow

Debt Collections
SaaS
$700K30 Nov 2023 Sheridan, Wyoming, United States

Nuvocargo

Logistics
Software
Supply Chain Management
$36M23 Jun 2023 New York, New York, United States

Yumari

B2B
E-Commerce Platforms
Supply Chain Management
Wholesale
$2M15 May 2023 Mexico City, Mexico

Vexi

Finance
Financial Services
$8M30 Jan 2023 Mexico City, Mexico

Flourish Savings

Financial Services
FinTech
Personal Finance
$2M29 Nov 2022 Berkeley, California, United States

Yave

FinTech
Lending
Real Estate
$7M11 Nov 2022 Mexico City, Distrito Federal, Mexico

Heru

Communities
Software
Wellness
$6M19 Sep 2022 Mexico City, Mexico

R2 Capital

Finance
Financial Services
FinTech
$15M02 Sep 2022 Miami, Florida, United States
News
Divibank Raises $3.6M in Seed Funding

– Divibank is a Sao Paulo, Brazil-based financing platform where LatAm businesses have access to growth capital via revenue-share financing.
– The company closed a $3.6M seed funding round.
– The round was led by Better Tomorrow Ventures (BTV) with participation from Maya Capital, Village Global, Clocktower Ventures, Magma Partners, Gilgamesh Ventures, Rally Cap Ventures, Alumni Ventures Group, Sebastian Mejia (Founder/President of Rappi), Tayo Oviosu (Founder/CEO of Paga), Karim Atiyeh (Founder/CTO of Ramp), Josh Abramowitz and Daniel Simon (founders of Bread).

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Total investments 129
Average round size 4M
Rounds per year 12.90
Peak activity year 2021
Lead investments 19
Follow on index 0.29
Exits 2
Group Appearance index 0.70

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Prometeo

Banking
Financial Services
FinTech
$13M12 Jan 2024 Gualeguaychu, Entre Ríos Province, Argentina

Moonflow

Debt Collections
SaaS
$700K30 Nov 2023 Sheridan, Wyoming, United States

Nuvocargo

Logistics
Software
Supply Chain Management
$36M23 Jun 2023 New York, New York, United States

Yumari

B2B
E-Commerce Platforms
Supply Chain Management
Wholesale
$2M15 May 2023 Mexico City, Mexico

Vexi

Finance
Financial Services
$8M30 Jan 2023 Mexico City, Mexico

Flourish Savings

Financial Services
FinTech
Personal Finance
$2M29 Nov 2022 Berkeley, California, United States

Yave

FinTech
Lending
Real Estate
$7M11 Nov 2022 Mexico City, Distrito Federal, Mexico

Heru

Communities
Software
Wellness
$6M19 Sep 2022 Mexico City, Mexico

R2 Capital

Finance
Financial Services
FinTech
$15M02 Sep 2022 Miami, Florida, United States
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