Today, we’re excited to announce our launch of our new seed stage fund, Magma Partners, the first Chilean-US fund that uses 100% private capital from the founding partners. Our goal is to invest from $25.000 to $75.000 in 6-10 high potential startups and small businesses per year for the next three years, using industry standards and best practices from the most successful funds in the United States.
When most investment groups have the word “partners” in their name, they’re referring to the partners in the fund. We’re not. We’re entrepreneurs just like you. We know what it’s like to raise money, both in Chile and abroad. We want to partner with high potential entrepreneurs to help them create successful businesses.
We’re much more than money. Entrepreneurs who receive an investment from Magma Partners can expect intensive mentorship from our network of experienced entrepreneurs both in Chile and abroad. In addition to high level connections to potential clients and business partners in Chile and abroad; access to our office for at least three months; and help raising a follow-on funding round in Chile or abroad.
Our goal is to help fill a niche in the emerging Chilean entrepreneurial ecosystem to help entrepreneurs succeed.
We’re proud to announce that we’re launching with an already solidified investment in Propiedad Fácil, a real estate portal that connects buyers, sellers and financial institutions in order to streamline the real estate market. Adrian Fisher, Propiedad Fácil’s founder, is from the US but has been living in Latin America for the past seven years. He participated in Start-Up Chile in 2012 and has continued growing his business ever since. We’re excited to help him continue to scale his company.
If you’re a high potential startup or small business in need of funding, please fill out our application form. One of us will respond within 48 hours.
Saludos,
Francisco Sáenz, Nathan Lustig, Diego Philippi
Magma Partners
