Two Years of Magma

It’s been two years since Francisco, Diego and I started investing in Latin American startups at Magma Partners. I wrote a detailed blog post with all of our investment data and our portfolio companies on my personal blog in a post called Magma at Two Years. Some of the highlights:

Here’s what we’ve done so far:

  • 500+ applications reviewed
  • 200+ meetings with entrepreneurs
  • 20 companies funded
  • US$1.1M invested
  • US$50k average ticket
  • 35 founders
  • 56 jobs created
  • 3 failed companies
  • 100% private capital
  • First portfolio company opening offices in the US, receiving US follow on funding

magma-usd-invested-per-company

I’m really excited to to keep helping top entrepreneurs execute on their vision from our platform that we’re creating in Latin America. 2016 is going to be a really fun year!

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