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
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!
