Organization · Venture Capital
Magical
Magical is a venture capital firm and accelerator based in Santiago, Chile, focusing on investing in startups that address critical problems in Latin America. The firm supports pre-seed and seed stage companies across various sectors, including HealthTech, Fintech, and SaaS.
Overview
What Magical does
What Magical is
Magical is a venture capital firm and accelerator based in Santiago, Chile, focusing on investing in startups that address critical problems in Latin America. The firm supports pre-seed and seed stage companies across various sectors, including HealthTech, Fintech, and SaaS.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Founded
- Founded in 2013
- Approximate age
- About 13 years
- Structured capabilities
- Funder
- Last reviewed
- April 28, 2026
Official channels
Find Magical elsewhere
Open the official website or a supported primary organization account.
Capability profile
Magical as a funder
Investment thesis
Magical invests in startups addressing critical problems in Latin America, focusing on pre-seed and seed stages with validated commercial traction.
Focus narrative
Magical invests in various sectors, including HealthTech, Fintech, HR Tech, SaaS, and E-Commerce. The firm targets startups at different stages, primarily pre-seed and seed, with a specific focus on solutions that tackle challenges in Latin America.
Value beyond capital
Magical provides startups with a comprehensive acceleration program that includes growth strategies, fundraising guidance, and networking opportunities. The firm connects founders with a community of mentors and advisors, enhancing their chances of success in the competitive startup landscape.
Terms and economics
- Typical check
- $125,000
Focus and fit
- Stages
- Pre-seed · Seed
- Regions
- Latin America
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 36
Portfolio context
Notable portfolio companies include: Avioneta (HealthTech, Chile), Pattrnz (HR Tech, Denmark), Pignus (HR Tech, Chile), Batech (SaaS, Mexico), LicitaLab (Logistics, USA), Aictive (Retail and Health Tech, Chile), ObraLink (Construtech, Chile), Ualabee (Mobility and Smart Cities, Argentina), Linnda (E-Commerce, Colombia), and Parrotfy (HR Tech and Fintech, Chile).
Common questions
What to know about Magical
Upseed classifies Magical under the Venture Capital organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
April 28, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.