When was Magnar founded?

Magnar was founded in 2025 and raised its 1st funding round 1 year after it was founded.

Where is Magnar located?

Magnar is headquartered in Santiago, Chile.

How many employees does Magnar have?

As of Sep 30, 2026, the latest employee count at Magnar is 53.

Is Magnar a funded company?

Magnar is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Sep 08, 2026.

When was the latest funding round of Magnar?

Magnar's latest funding was a $***** Series A round on Sep 08, 2026, with participation from 6 investors. Its primary sector is Legal Tech. Globally, the Legal Tech sector has seen $3.37B in funding in 2026 to date.

Where does Magnar rank among its competitors?

Magnar ranks 53rd amongst 1083 active competitors, of which 64 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Legora, which secured $550M in Oct, 2026.

Who are the top competitors of Magnar?

Magnar's top competitors include Harvey, Relativity Technologies and Epiq. Among them, Legora secured the most recent funding round in October, 2026.

Magnar - 2026 Company Profile, Funding & Competitors

Magnar is a series A company based in Santiago (Chile), founded in 2025. It operates as a Provider of AI-powered legal research, document analysis, and management solutions. Magnar has raised $8M in funding from Hi Ventures and 6 Degrees Capital. The company has 1083 active competitors, including 64 funded and 11 that have exited. Its top competitors include companies like Harvey, Relativity Technologies and Epiq.

Company Details

Provider of AI-powered legal research, document analysis, and management solutions. This platform offers smart AI-powered case law search and legal document analysis capabilities. It provides a specialized legal assistant and maintains a constantly updated database for legal professionals. The offerings include tools for case law, monitoring, document management systems, and electronic signatures, supporting legal work with verifiable sources.

Key Metrics

Founded Year

2025

Location

Santiago, Chile

Stage

Series A

Total Funding

$8M in 1 round

Latest Funding Round

Series A, Sep 08, 2026, $*****

Investors

Hi Ventures & 5 more

Ranked

53^rd among 1083 active competitors

Employee Count

53 as on Sep 30, 2026

Similar Companies

Harvey & 758 more

View Magnar's full profile

Magnar has raised a total funding of $8M over 1 round. Its latest funding round was a Series A round on Sep 08, 2026 for $*****. 6 investors participated in its latest round. Magnar has 6 institutional investors.

Here is the list of recent funding rounds of Magnar:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 08, 2026	1826960	Series A	6598656	8698426	3687854	5251965

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View details of Magnar's funding rounds and investors

Magnar's employee count trend

Magnar has 53 employees as of Sep 26. Here is Magnar's employee count trend over the years:

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Top competitors of Magnar include Harvey, Relativity Technologies and Epiq. Here is the list of Top 10 competitors of Magnar, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Harvey 2022, San Francisco (United States), Series H	Provider of an AI software for legal and professional services	$1.82B	Sequoia Capital, Kleiner Perkins & 28 others	76/100
2nd	Relativity Technologies 1997, Raleigh (United States), Acquired	Developer of AI-powered software for legal data management and analysis	$136M	Silver Lake, ICONIQ Growth & 9 others	70/100
3rd	Epiq 1988, New York City (United States), Acquired	Provider of legal and compliance services integrating people, process, and technology	-	OMERS, Harvest Partners & 1 others	68/100
4th	Wordsmith 2023, New York City (United States), Series B	Developer of software for automating legal request intake and review	$114M	Index Ventures, Intact Private & 9 others	67/100
5th	Legora 2023, Stockholm (Sweden), Series E	Developer of agentic software for automating complex legal work tasks	$1.42B	Redpoint Ventures, Atreides Management & 38 others	66/100
6th	GC AI 2023, San Francisco (United States), Series B	Provider of an AI platform designed for in-house legal teams to automate contract review, research, and legal workflows	$71.5M	Northzone, Sound Ventures & 8 others	62/100
7th	Legl 2015, London (United Kingdom), Series B	Provider of software for legal compliance and client onboarding workflows	$25M	Octopus Ventures, First Round Capital & 7 others	61/100
8th	Pandektes 2022, Copenhagen (Denmark), Series A	Provider of AI-powered legal research platform accessing legislation, case law	$18.2M	Alstin Capital, Interface Capital & 5 others	60/100
9th	Xapien Tech 2018, London (United Kingdom), Series B	Online background verification platform for candidates	$74.1M	YFM Equity Partners, Spectrum Equity & 7 others	60/100
10th	Alexi 2017, Toronto (Canada), Series A	Provider of an AI platform for legal research, drafting, and analysis	$14.5M	Drive Capital, Draper & 7 others	60/100
53rd	Magnar 2025, Santiago (Chile), Series A	Provider of AI-powered legal research, document analysis, and management solutions	$8M	6 Degrees Capital, Fen Ventures & 4 others	37/100