Magnar
Category: AI in Legal
Chilean legal-AI platform that acts as an AI agent for lawyers, combining legal research, document analysis, drafting and review with verifiable jurisdiction-specific sources. Magnar was founded in 2025. The company is led by Andrés Arellano. Based in Santiago (Providencia), Chile. Team size: 11-50. Total funding raised: $8.8M. Latest round: Series A. Key investors include 6 Degrees Capital, Hi Ventures, FEN Ventures, Platanus Ventures, Nascent Ventures, Buenaonda, Punto Cero Ventures, Carey, Beccar Varela.
- Founded
- 2025
- Headquarters
- Santiago (Providencia), Chile
- Team size
- 11-50
- Total funding
- $8.8M
Value proposition
A purpose-built legal AI agent that knows each country's legislation and case law, cites verifiable sources, and works inside Microsoft Word and Outlook — so lawyers delegate research, analysis and drafting while keeping judgment and approval.
Products and solutions
Agent (research/analysis/drafting/review), Case law, Monitor, DMS (document management), Electronic signature, Copilot across the platform, Magnar in Word, case-file analysis up to 10,000 pages, tabular review.
Unique value
Builds its own country-by-country legal database (legislation, regulations, case law) so every answer cites real, clickable sources — unlike general-purpose AI or common-law-focused tools. Treats legal data as infrastructure built per jurisdiction and per state.
Target customer
Law firms and corporate legal departments across Latin America (Chile, Peru, Colombia, Argentina, Uruguay, Ecuador, Costa Rica; expanding to Brazil and Mexico).
Industries served
Legal (law firms and in-house legal departments)
Technology advantage
Proprietary jurisdiction-specific legal data infrastructure; native integration with Microsoft Word/Outlook; ISO 27001 certified (ISO 42001 in progress, SOC 2 Type 2); verifiable citations with provenance; usage-based pricing model.
How they differentiate
Unlike global legal-AI players (Harvey, Leya, vLex) built for common-law US/UK markets, Magnar specializes in civil-law, Spanish/Portuguese-speaking Latin American jurisdictions, building state-level legal databases for federal systems (Brazil, Mexico) and integrating natively into Word/Outlook.
Main competitors
Harvey, Leya, vLex, LawGeex, RAVN, Clio, Legora
Key partnerships
Carey (Chile's largest law firm, investor), Beccar Varela (Argentina, investor), Microsoft (Word/Outlook integration)
Notable customers
Carey, Beccar Varela, Barros Silva Varela & Vigil, Estudio Echecopar, Lloreda Camacho y Rebaza, Alcázar & De Las Casas, Estudio Muñíz, Nestlé, Mercado Libre
Major milestones
Founded 2025, $300K pre-seed (Oct 2025), $500K Carey strategic investment / SAFE (Dec 2025–Jan 2026), $8M Series A led by 6 Degrees Capital, co-led by Hi Ventures (Sept 2026), expansion into Brazil and Mexico (Sept 2026), reached ~$4.5M ARR within ~1 year of launch.
Growth metrics
~30,000 lawyers; 350+ law firms and corporate legal departments; ~$4.5M ARR; operating in 7 countries; 8 of 10 enabled lawyers at large firms use Magnar monthly; ~17 hours saved per lawyer per month.
Market positioning
Leading Latin American legal-AI platform; one of the largest Series A rounds for a legal-sector company in the region; ~30,000 lawyers and 350+ law firms across 7 countries with ~$4.5M ARR.
Geographic focus
Latin America (Chile, Peru, Colombia, Argentina, Uruguay, Ecuador, Costa Rica), expanding into Brazil and Mexico (the region's two largest legal markets).
About Andrés Arellano
Ex-CTO of Lemontech (4 years), a pioneering Chilean legal-tech SaaS company (later acquired by Accel-KKR); co-founder of Magnar.
Latest news about Magnar
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Official website: https://www.magnar.ai