Magnar builds an AI-powered SaaS platform that automates everyday legal workflows, including automated jurisprudence search, AI-generated case summaries, drafting of complaints and legal documents, chatbot-style legal queries and document generation from prompts. The platform leverages foundation models (ChatGPT, Gemini) fine-tuned with local regulatory documentation and holds ISO 27001 and SOC 2 certifications to address security and compliance requirements of law firms. Founded in August 2025 and based in Santiago, Chile, Magnar uses a usage-based pricing model rather than per-seat licenses to lower adoption friction and scale with firm volume. By July 2026 the company reported approximately 25,000 lawyers across Latin America using the product and had expanded to Peru, Colombia, Uruguay, Mexico and launched operations in Argentina. The startup raised US$800,000 in seed funding across two rounds to finance its regional expansion and commercial traction, including strategic investment from Carey. Future plans emphasized rapid regional growth while competing with global and local legaltech players in the Latin American market.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Jul 2026