So long ago, the concept of public tech companies originating from Latin America seemed far -reaching, and Marcado Libre once appeared as rare and myths as true unicorn. However, today there are several startups in the region that reached a billion dollar evaluation.
Some of these startups, driven by the spotlight by intercontinent expansion, now recognized beyond their country, Nubank, especially in the United States in the United States
Nevertheless, Latin American scale-ups have a wide assemblage that deserves attention; Many are fintech, but not exclusively. Other important sectors include e-commerce, health technology, logistics, propatech and sass.
Some Homegrown Unicorns can “evaluate paper” from the currents currently raised at the top 2021, but the issue still stands: as they know, and many may be healthy as well as VC as VC investment in Latin America. In 2024 the elasticity displayedThe
As a group, these unicorn also reflect multiple startup hubs in Latin America. Although Brazil and Mexico remain as leaders, Unicorns has also strengthened the ecosystem from Argentina, Colombia, Chile and Uruguay.
Let’s look closely at the top Latin American unicorn by evaluation – though the oldest price tags are often needed to be taken with salt grains.
Rappi (2015): Price in July 2021 5.25 Billion
Exit from Colombia, Rappi is an on-demand delivery platform that becomes a super app and extends to multiple countries.
Its emergence before the epidemic is further -Ified: In 2019, it has increased $ 1 billion investment from the softbank. However $ 5.25 billion worth of evaluation was more than $ 500 million in July 2021.
Since then, Rappi has been operated in a more challenging environment, operating multiple rounds of trim and facing changes Gig Economy Law in MexicoWhere it plans now Investment is $ 110 million To increase its activities. However the company is still IPO is very much hope And Have hired a CFO Preparing for that effort after the first time reached the Break-Ann by the end of 2023.
Quintwander (202): 5.1 billion worth of dollars in August 2021
Quintwanda is a Brazilian prophetic company that focuses on the rent and sale of residential real estate. Including commercial activities Six Latin American countries And a Tech Hub in Europe, it has acquired several and has become a team with a headcount of more than 5 people.
In 2021, the startup was busy on the fund of the fundraising: Qintwander collected an additional $ 120 million in a $ 500 million after three months after the $ 300 million series was announced in the $ 4 billion series evaluation. With $ 755 million Raising today, its cap table includes Cassak, General Atlantic, Softbank and Tensent.
Credit (212): Price in January 2022 is $ 4.8 Billion
Credit is a Brazilian fintech player that specializes in loans with customer credit.
The last round was the $ 1 million series F to determine the price for the Brazilian NDDer in January 2022.
Casec Ventures, KYD investors and softbanks, including the participation of new and existing supporters, were led by SeriesF. It was Extended in July 2022 In the same assessment, allowing credit Buy the Brazilian License of Andoran Bank & Bank For about $ 93 million.
Nuveemshop (25): August 2021 is worth $ 3.1 billion
The Spanish-speaking market is marked as Tendenube, Nuvemeshop is a Brazilian e-trade platform that is designed to sell products and services online for SMEs and entrepreneurs-or briefly, “Latin America’s answer for shopfife”.
Its latest familiar assessment of $ 3.1 billion $ 500 million with E-Mega-Round and co-leadership of Tiger Global Management, which was raised in August 2021, is a few months after its Axel-leadership $ 90 million series D.
Wildlife Studios (25): $ 3 billion worth of dollars in Aug 2020
Wildlife Studios are a Brazilian mobile gaming company.
It is co-founded in Victor Lazart, now a general partner of benchmark, VC firm who led Wildlife Studios’ $ 60 million series A A $ 1.3 billion assessment in 2019. After less than a year, startup has reached a To evaluate about $ 3 billion Its series is from B Round.
In a clear conversation on the stage in Slush 2021, Lazart said that in the past, raising too much capital was a “mistake” so fast. In June 2023, the company announced that the ex -Executive Executive of Amazon would be Peter Hill Replace Lajart as CEOThe It is also managed Trim several roundsThe
Mount (2018): $ 2.9 billion worth of dollars in April 2021
Loft is the Brazilian prophetic company that has been supported by the name of the Big Silicon Valley since its Genesis in 2018.
Loft’s $ 175 million series was in C2020, with A1 16 Z and Volcan Capital co-leaders. The expansion of $ 2.9 billion in March 2021 and April 2021, led by a New York -based D1 Capital Partners, in March 2021 and April 2021.
The digital real estate platform was not immune to the market. It is managed Trimmed two rounds in 2022 But Refuse to raise a down round In the 2023 in November 2022, after a new financing from one Sovereign funds in the Middle East“To trim an undisclosed evaluation and trim the other round, it has claimed Reached the break-eonThe
Unico (2007): April 2022 is worth $ 2.6 billion in April
Unico is a Brazilian ID Tech Startup and one of the largest SAS companies in Latin America.
Its $ 2.6 billion evaluation is more recent than many on this list. It came from the $ 100 million series raised by the company April 2022The The round was led by the Goldman Shutch, with the participation of the existing investor General Atlantic and Softbank Latin America Fund.
C6 Bank (2018): $ 2.28 billion dollars in December 2020
C6 Bank is a Brazilian Digital Bank. Unlike some competitors, it did not extend beyond Brazil, where it has more than 35 million clients.
C6 was valuable 28 2.28 billion In December 2020, JP Morgan Chase is six months before the Neobank owned the ownership in 2021. Its partner is growing In 2023, it now owns 46% of C6, whose it was For the first time in 2024The
Cavak (25)): $ 2.2 billion worth of dollars on April 2025
Along with General Catalists and supporters, including softbank, Cavac is a Mexico-based e-commerce platform for buying cars online.
A series that doubled its assessment in 2021 was worth $ 8.7 billion dollars after a series E -round, Cavak saw its evaluation Has been cut by $ 6.5 billion Following the difficulty and trim of expansion. After raising a $ 127 million equity round in March 2021, and gaining two 200 million dollar debt facilities, the company aims to position itself for a possible IPO in the next three to five years.
Bitso (2014): $ 2.2 billion in May 2021
Bitso is a Latin American cryptocurrency exchange that facilitates the inter -line payment.
In May 2021, it has earned $ 2.2 billion $ 2.2 billion and a $ 250 million series C in a co-organizing company, co-organized by Tiger Global and Coats, with the participation of new and existing investors, including Casec and KYD.
Cloudwalk (2013): $ 2.15 billion dollars in November 2021
Known for Infinitop and Jim.com, Cloudwalk is a Brazilian payment infrastructure (No need to be confused with Chinese face recognition software agency By the same name).
Cloudwalk’s $ 2.5 billion assessment results in November 2021, led by the coat $ 1 million in series C. Since then Claudwalk has earned the first full year of its profitability In 2023 And 2024 Including $ 497 million in revenueThe
Clip (2012): June 2024 is worth $ 2 billion
Known as briefly Blit And established by former PayPal employees, the clip is in Latin America’s square, business devices for business and fintech solution.
Clip was turned into a unicorn in 2021 Round of $ 250 million Under the leadership of the softbank and the Viking, and since then it has maintained this status. It raised Million 100 million At June 2024 The company confirmed its $ 2 billion evaluation as the company was “at the doorstep of profitability”, its CEO Told BloombergThe
Logi (2013): $ 2 billion worth of dollars in March 2021
Logji is the Brazil-based logistics company that is known to concentrate on the latest mile supply.
Its supporters include Monashiz, Qualcomm Ventures and Softbanks. Its latest fund was the round A 205 million dollar series f Billion, led by Capsur Capital in March 2021, is evaluated near $ 2 billion.
Bets are still open Who could join the list And how the rankings can be re -ordered, so we will confirm that it is updated.
