Magical
Magical is a Chile-based venture capital firm and accelerator founded in 2013 that invests in startups solving critical LATAM problems. It operates from Providencia, Santiago, with 11-50 employees and a leadership team spanning CEO, founder, and scouting functions.
- Company typePrivate
- Founded2013
- HeadquartersProvidencia, Chile
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Magical does
Magical is a venture capital firm and accelerator headquartered in Providencia, Santiago, Chile, founded in 2013. According to its firmographic profile, the firm invests in startups addressing critical problems across the LATAM region, indicating a thematic and geographic specialization rather than a Chile-only mandate. The company operates with 11-50 employees and is led by CEO Juan Eduardo Orlandi, Founder and Director Iván Vera, and Scouting Manager Chris Thompson. The presence of a dedicated scouting role suggests an organized, ongoing deal-sourcing process targeting the regional founder base.
The input data does not disclose Magical's fund vehicles, AUM, portfolio companies, investment stages, ticket sizes, or revenue mechanics. No product, technology, pricing, or distribution details are available — the company website (magicalstartups.com) returned only a verification/loading page during data collection, preventing direct extraction of fund-specific information. As a result, the typical VC revenue model (management fees on committed capital plus carried interest on exits) cannot be validated against disclosed figures, and portfolio composition, sector focus within LATAM, and stage preferences remain unspecified.
For a PE/VC/M&A audience, the company should be characterized as a small, regionally-focused LATAM venture investor whose specific fund economics, portfolio scale, and recent activity are not observable from the supplied sources. A diligence process would require direct outreach to confirm fund vintage(s), committed capital, portfolio count and quality, and recent investment cadence before any investment or partnership thesis could be supported.
Magical firmographics
Firmographics- Name
- Magical
- Website
- https://magicalstartups.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Magical is a Chile-based venture capital firm and accelerator founded in 2013 that invests in startups solving critical LATAM problems. It operates from Providencia, Santiago, with 11-50 employees and a leadership team spanning CEO, founder, and scouting functions.
- Ownership category
- akta.pro rank
Magical industry classification
Industry- Product category
- Venture Capital
- NAICS
- Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Accelerators & Incubators (Investor-Operated) (FSANAAAM)
Keywords
Where Magical is headquartered
LocationHeadquarters
- HQ city
- Providencia
- HQ country
- Chile
- HQ region
- Latin America
Markets served
Magical business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
Magical product offering
Product offeringCore offering
Magical is a venture capital firm and startup accelerator that invests in early-stage startups addressing critical problems across Latin America. The firm provides capital, mentorship, and acceleration services to founders building solutions targeting LATAM market challenges. It combines traditional VC funding with hands-on accelerator-style support from its base in Santiago, Chile.
Differentiator
Problem solved
Functional benefit
Products and services
- Venture Capital Investment Equity investment in early-stage startups solving critical problems in Latin America, providing founders with growth capital to scale their businesses. Targeted at early-stage startup founders building solutions for LATAM markets.
- Startup Acceleration Program Acceleration and mentorship services supporting early-stage LATAM startups, complementing the firm's venture capital investment with hands-on operational guidance and ecosystem support. Designed for early-stage founders seeking both capital and acceleration resources.
Companies that use Magical
Customer profileIdeal customer profiles1 record
Magical technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Magical partnerships and signals
Strategic signalRecent moves3 records
Expansion highlights2 records
Magical competitors and assessment
Company assessmentDirect peers
- NXTP Labs: Early-stage VC and accelerator operating across multiple LATAM countries with a similar model of backing and supporting founders solving regional problems. Directly comparable to Magical's stage, geography, and accelerator-plus-capital approach.
- Kaszek Ventures: The largest LATAM-focused venture firm, backing tech startups across the region from early to growth stages. Highly comparable to Magical in regional thesis and founder-support orientation, though materially larger in fund size.
- 500 Global (formerly 500 Startups): Global accelerator and seed investor with active programs across LATAM, offering capital plus operational support to early-stage founders. Comparable model to Magical as a multi-region accelerator-VC.
- Wayra (Telefónica): Telefónica's corporate-backed global startup accelerator with active LATAM hubs investing in and supporting early-stage founders. Comparable as an investor-operated accelerator with regional LATAM presence.
- Start-Up Chile: Chilean government-backed accelerator operating from Santiago that supports early-stage founders with equity-free capital and programming. Direct geographic peer and operational model parallel to Magical.
- ALLVP: Mexico-based early-stage VC focused on Latin American tech founders. Comparable regional thesis and stage to Magical, with a similar backing-plus-support model.
- Mountain Nazca: Mexico-based early-stage VC supporting LATAM founders with capital and operating support. Comparable stage, geography, and thesis to Magical.
- Cometa: Mexico-based early-stage VC and former accelerator operator investing across LATAM. Directly comparable model and stage profile to Magical.
Broad incumbents
- monashees: Brazilian venture firm investing across LATAM from seed to growth stages. Broader incumbent in the same regional VC category as Magical, with deeper AUM and a wider stage mandate.
Regional players
- Valor Capital Group: US/Brazil cross-border VC firm focused on LATAM opportunities. Comparable regional thesis to Magical, though primarily cross-border in approach rather than Chile-anchored.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat2 records
Key risks5 records
Key highlights5 records
Customer concentration
Magical social profiles
Digital presenceMagical financial estimates
Financial estimateRevenue estimate
Valuation estimate
Magical leadership team
Management profileNumber of profiles
Profiles3 records
Magical funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Magical M&A and investment
M&A and investmentM&A
Investments42 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Magical
What does Magical do?
Magical is a venture capital firm and startup accelerator that invests in early-stage startups addressing critical problems across Latin America. The firm provides capital, mentorship, and acceleration services to founders building solutions targeting LATAM market challenges. It combines traditional VC funding with hands-on accelerator-style support from its base in Santiago, Chile.
Is Magical a public or private company?
Magical is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Magical founded?
Magical was founded in 2013. It employs 11 to 50 people.
Where is Magical based?
Magical is headquartered in Providencia, Chile, in the Latin America region.
Who are Magical's main competitors?
Direct peers on record are NXTP Labs, Kaszek Ventures, 500 Global (formerly 500 Startups), Wayra (Telefónica), Start-Up Chile, ALLVP, Mountain Nazca and Cometa. monashees is listed as a broad incumbent. Valor Capital Group is listed as a regional player.
Does Magical have an API?
No public API is recorded for Magical.
What industry is Magical in?
Magical's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAM, Accelerators & Incubators (Investor-Operated). Its NAICS code is 525 and its SIC code is 6282.