Magical

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.

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

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

• Venture capital investing
• Startup acceleration
• Seed stage funding
• LATAM startup support
• Startup incubation

Headquarters

HQ city

Providencia

HQ country

Chile

HQ region

Latin America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Core 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.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves3 records

Expansion highlights2 records

Direct 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

• Xx.com/MagicalChile

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments42 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Magical