About Magnetis
Magnetis is a company based in Sao Paulo (Brazil) founded in 2012 by Luciano Tavares was acquired by BTG Pactual in August 2023. Magnetis has raised $16.9 million across 3 funding rounds from investors including BTG Pactual, VEF and Redpoint eventures. Magnetis operates in a competitive market with competitors including Qara, Vérios Investimentos, Quiena, TradeMachine and Advize, among others.
- Headquarter Sao Paulo, Brazil
- Founders Luciano Tavares
- SectorsTechnology
- Website magnetis.com.br
- Social LinkedIn X
- Acquired by BTG Pactual (Aug 2023)
- Total Equity Funding$16.9M (USD)
in 3 rounds
- Latest Funding Round$11M (USD), Series B
Jul 2020
- InvestorsBTG Pactual
& 5 more
- Acquired byBTG Pactual
(Aug 2023)
Funding Insights of Magnetis
Magnetis has successfully raised a total of $16.9M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $11 million completed in July 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $16.9M
- Total Rounds 3
- Last Round Series B — $11M
- First Round $880,000
(Oct 2015)
- Investors Count 5
All 3 funding rounds of Magnetis with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2020 | $11M | Series B | – | Redpoint eventures, VEF | – |
| Apr 2018 | $5.02M | Series A | – | – | |
| Oct 2015 | $880,000 | Seed | – | Monashees |
6 investors in total: 6 institutional.
Investors in Magnetis
Magnetis has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include BTG Pactual, VEF and Redpoint eventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech-focused VC firm investing primarily in Latin America and the US | – | rpev.com.br | Sao Paulo, Brazil | |
Fintech sector investments are handled by VEF venture capital firm. | 2015 | vef.vc | Stockholm, Sweden | |
Sectors like ad tech, food tech, logistics, services are targeted. | – | monashees.com | Sao Paulo, Brazil | |
Venture capital and acceleration are provided to tech startups. | – | 500.co | Ho Chi Minh City, Vietnam | |
Investments are focused on early-stage Brazilian digital economy businesses. | 2012 | nhinvestimentos.com.br | Brazil | |
Asset management, investment banking, and wealth management services are provided. | 1983 | btgpactual.com | Sao Paulo, Brazil |
Investor details for Magnetis
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Magnetis
1 people are tracked at Magnetis (1 in leadership).
| Name | Role | Group |
|---|---|---|
Luciano Tavares | Founder & CEO | Leadership |
Complete people profiles for Magnetis
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Magnetis
4 dated milestones of Magnetis across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Magnetis is founded.
- Funding First funding round of $880K.
- Funding Latest funding round, Series B, of $11.0M.
- Exit Acquired by BTG Pactual.
Competitors of Magnetis
Magnetis operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Qara, Vérios Investimentos, Quiena, TradeMachine and Advize, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| qara.ai | 2014 | Seoul, South Korea | $3M | – | AI-enabled robo advisory for wealth management is provided. | |
| verios.com.br | 2013 | Sao Paulo, Brazil | $1.59M | – | Automated investment platform provided for Brazilian market users. | |
| quiena.com | 2015 | Buenos Aires, Argentina | $1.66M | – | Automated financial advice is offered for US asset investments. | |
| trademachine.co | 2017 | Sao Paulo, Brazil | $523,564 | – | Automated equity investments via diversified algorithms are facilitated. | |
| advize.fr | 2012 | – | – | – | Online investment brokerage & advisory platform | |
| mobillsinvestimentos.com.br | 2014 | Belo Horizonte, Brazil | – | – | Provides an online platform for automated investment solutions. | |
| divvyinvestments.com | 2015 | Cary, United States | – | – | Delivers retirement investment recommendations via robo-advisory services. | |
| robotfinanc.com | 2020 | Sao Paulo, Brazil | – | – | Provides automated investment tools and educational content for stock trading. |
Detailed competitors of Magnetis
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Magnetis
Websites that share an audience with Magnetis (magnetis.com.br).
Websites whose visitors overlap most with Magnetis. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
infofundos.com.br | infofundos.com.br | 100% | – | #3,786,679 | – |
gerafuturo.com.br | gerafuturo.com.br | 93% | – | – | – |
bradescocorretora.com.br | bradescocorretora.com.br | 92% | – | – | – |
euqueroinvestir.com | euqueroinvestir.com | 92% | – | #1,089,571 | – |
portaldoinvestidor.gov.br | portaldoinvestidor.gov.br | 91% | – | – | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 22 similar websites and full traffic analytics for Magnetis
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- 22 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Magnetis
Complete news archive for Magnetis
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Magnetis
10 companies that operate in the same segment as Magnetis (Investment & Financial Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.73 B | USD 2.98 B | 2,300 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | – | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | – | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | – | |
Money Forward is engaged in providing financial technology solutions. | 2012 | Minato, Tokyo, Japan | USD 42.9 M | USD 322.51 M | 2,600 | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | – |
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Frequently Asked Questions about Magnetis
Magnetis was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Magnetis is headquartered in Sao Paulo, Brazil.
Luciano Tavares is the current CEO of Magnetis. They have also founded this company.
Magnetis is a funded company, having raised a total of $16.9M across 3 funding rounds to date. The company's 1st funding round was a Seed of $880K, raised on Oct 2015.
Magnetis was founded in 2012 in Sao Paulo, Brazil, as an online platform in the fintech sector. Automated advisory services are provided, where investment portfolios are recommended and operations executed for investors. Customer portfolios are reassessed at intervals, with adjustments suggested to optimize returns. Investments are placed and monitored through an online interface.
Magnetis's top competitors include Qara, Vérios Investimentos and Quiena.
Magnetis has 6 investors. Key investors include BTG Pactual, VEF, Redpoint eventures, Monashees, and 500 Global.
Yes. Magnetis was acquired by BTG Pactual in August 2023.