Magnar Raises $8M Series A

Magnar, an artificial intelligence platform provider for lawyers in Latin America, has successfully raised $8 million in a Series A funding round. The company currently supports 30,000 users and 350 law firms, offering tools for legal research, document drafting, and analysis integrated with Microsoft Word and Outlook.

Investors

The funding round was co-led by 6 Degrees Capital and Hi Ventures. Additional participants in the round included FEN Ventures, Platanus Ventures, Nascent Ventures, Beccar Varela, and Carey.

Magnar Use of Funds

Magnar plans to use the new capital to scale its development team and improve its research and document drafting tools. A significant portion of the funds will support the company's expansion into Brazil and Mexico, which involves establishing local commercial teams and offices, as well as building legal information sources tailored to the federal systems of those markets.

About Magnar

Founded in 2025, Magnar is led by CEO Andres Arellano. The company provides an AI-powered software platform that automates routine legal tasks such as research and document review, allowing lawyers to focus on higher-level decision-making. The platform is currently active in Chile, Peru, Colombia, Argentina, Ecuador, Costa Rica, and Uruguay.

Funding Details

Company Website: https://magnar.ai

Company: Magnar
Raised: $8M
Round: Series A
Funding Date: September 7, 2026
Lead Investor: 6 Degrees Capital, Hi Ventures
Additional Investors: FEN Ventures, Platanus Ventures, Nascent Ventures, Beccar Varela, Carey
Company Website: https://www.magnar.ai
Software Category: LegalTech
Source: https://www.magnar.ai/cl/blog/serie-a-8-millones-brasil-mexico