
Magnar
Magnar is a legal AI agent for lawyers in Latin America that handles research, analysis and drafting with cited sources.

Velsa
Velsa operates an online legal platform with lawyer-reviewed templates, contract configurators, document downloads, and expert booking for startups and small and medium-sized enterprises.
Magnar vs Velsa
At a Glance
| Detail | Magnar | Velsa |
|---|---|---|
| Category | Research & Analytics | Research & Analytics |
| Total raised | $8.3M | Not disclosed |
| Rounds tracked | 2 | Not disclosed |
| Latest round | Series A, $8M · Sep 2026 | Not disclosed |
| Last valuation | Not disclosed | Not disclosed |
| Lead investors | 6 Degrees Capital, Hi Ventures | Not disclosed |
| Built for | Large firms, Mid-size firms | Not disclosed |
| Headquarters | Chile | Not disclosed |
Funding, Side by Side
Magnar rounds
- Sep 2026Series A$8M
- Oct 2025Pre-Seed$300K
Velsa rounds
No public rounds tracked yet.
Our Take
We have not tested these two head to head yet. The numbers above come from public funding announcements. If you use either one, tell us what you found and it may become a Field Note.
Quick Answers
- Which has raised more, Magnar or Velsa?
- Magnar has raised $8.3M in disclosed funding, compared with no disclosed amount for Velsa.
- What is Magnar best for?
- Magnar is a legal AI agent for lawyers in Latin America that handles research, analysis and drafting with cited sources.
- What is Velsa best for?
- Velsa operates an online legal platform with lawyer-reviewed templates, contract configurators, document downloads, and expert booking for startups and small and medium-sized enterprises.
Source: Legal Tech Circle funding data, from public announcements. Updated November 10, 2026.