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Not long ago, the idea of public technology companies coming out of Latin America seemed very removed, and Mercado Libre once seemed as rare and mythical as a true unicorn. However, today the region is home to some startups that have reached billions of dollars.
Some of these startups, driven in the spotlight by cross -border enlargement, are now known beyond their places, with nubank in particular Going to the public in the SH.BA.
However, there is a wider group of Latin American stairs that deserve attention; Many in Fintech, but not exclusively. Other important sectors include electronic trade, health technology, logistics, proptech and Saas.
Some unicorns of the house can currently hold the “paper ratings” from the rounds that rose up during the peak of 2021, but the issue still stands: they are worth knowing, and many can recover alongside the market, such as Latin America investments in Latin America Demonstrated resistance in 2024.
As a group, these unicorns also reflect the many Latin America’s start centers. While Brazil and Mexico remain leaders in number, Unicorns have also come out of Argentina, Colombia, Chile and Uruguay, further strengthening these ecosystems.
Let’s take a closer look at the high unicorns of Latin America with appreciation – although older price tags often have to deal with a grain of salt.
Exiting Colombia, Rappi is a delivery platform according to the request that was made an app and expanded to many countries.
Her elevation is solidarized in front of the pandemia: in 2019, she was raised an investment of $ 1 billion from softbank. But his estimate of $ 5.25 billion was attached round more than $ 500 million She secured in July 2021.
Since then, Rappi has operated in a more challenging environment, performing multiple rounds of dismissal and coping with the change GIG economy legislation in Mexicowhere now plans to Invest $ 110 million to increase its operations. Anyway, the company still Many hopes to ipo AND hired a CFO To prepare for that effort after you have reached Break-Madje for the first time in late 2023.
Quintandar is a Brazilian proptech company focused on rent and sale of real estate. With trading activities in Six Latin American countries AND A technology center in EuropeShe made several purchases and grew up in a group with a major number of more than 3,500 people.
In 2021, the beginning was busy at the front of the fundraising: less than three months after the notice a series of $ 300 million with a $ 4 billion ratingQuintandar set up $ 120 million extra with an estimate of $ 5.1 billion. ABOUT $ 755 million Raised so far, its lid table includes Kaszek, General Atlantic, Softbank and Tencent.
Creditas is a Brazilian Fintech player specialized in credit, including consumer credit.
Its last round of funding was a series of F in January 2022 in January 2022 evaluating the Brazilian lender with $ 4.8 billionfrom $ 1.75 billion in December 2020.
The F series was led by Fidelley, with participation by new and existing supporters, including Kaszek Ventures, Qed Investors and Softbank. it Was Extended in July 2022 In the same assessment, allowing credits of Buy the Brazilian License of Andorran Bank and Bank for about $ 93 million.
Marked as Tiendanube in Spanish-speaking markets, Nuvemshop is a Brazilian e-commerce platform created for SMEs and entrepreneurs to sell internet products and services in short, “Latin America’s response to Shopify.”
Her latest recognized rating of $ 3.1 billion comes from $ 500 million mega-rand series Co-guided by Insight Partners and Tiger Global Management that set up in August 2021, just a few months after it $ 90 million led by Serie D.
Wildlife Studios is a company of Brazilian mobile games.
Was founded by Victor LazarteNow also a general partner in Benchmark, the VC firm that led wildlife studios’ $ 60 million series A In 2019 with an estimate of $ 1.3 billion. Less than a year later, the beginning reached a Nearly $ 3 billion rating From her round of series B.
In a sincere conversation on stage and slush 2023Lazarte said that, in retrospect, raising a lot of capital to a very high estimate was a “error”. In June 2023, the company announced that former Amazon Hill executive will Replace Lazarte as CEO. It also developed Some rounds of work from work.
The attic is a Brazilian proptech company Supported by Big Silicon Valley names since its origin in 2018.
Loft $ 175 million series co-guided by A16Z and Vulcan Capital in 2020. A $ 425 million D1-led series led by New York-based Capital Partners, followed in March 2021, and its extension in April 2021 appreciated the company with $ 2.9 billion.
The real estate digital platform was not immune to the market turn. It has performed Two rounds of work from work in 2022 but denied to have raised a round down in November 2022. In 2023, after fresh funds from a Sovereign fund in the Middle East”In an undiscovered rating and another round of dismissal from work, she claimed to have reached the break-madje.
UNICO is a start of the Brazilian ID technology, and one of Latin American Saas’s largest companies.
Its rating of $ 2.6 billion is more recent than much on this list. It came from the $ 100m series and the company set up In April 2022. The round was led by Goldman Sachs, with participation by existing Atlantic general investors and Latin American Softbank Fund.
C6 Bank is a Brazilian digital bank. Unlike some competitors, it has not expanded beyond Brazil, with more than 35 million clients.
C6 was rated in $ 2.28 billion In December 2020, six months before JPMORGAN Chase won 40% NeoBank ownership in 2021. After Increasing its stock In 2023, she now owns 46% of C6, which had The first lucrative year in 2024.
With supporters including General Catalyst and Softbank, Kavak is a Mexico-based e-commerce platform to buy and sell used cars.
Once estimated with $ 8.7 billion After a series round that doubled his rating in 2021, Kavak without his estimation collided with $ 6.5 billion after the difficulties and breaks of enlargement. After collecting a $ 127 million capital round and secured two debt facilities $ 200m in March 2025, the company aims to position itself for one possible IPA within the next three to five years.
Bitso is a Cryptocurrency exchange of Latin America that also facilitates cross -border payment.
In May 2021, it provided a $ 250 million series round that values the company of $ 2.2 billion and co-guided by Tiger Global and Coatue, with participation by new and existing investors, including Kaszek and ARE.
Known to its brands Infinitepay and Jim.com, Cloudwalk is a Brazilian payment infrastructure company (not to be confused with Chinese software company for face recognition of the same name).
The $ 2.15 billion estimation of Cloudwalk resulted from a 150 million C Coatue -led series in November 2021. Since then, Cloudwalk reached the first full year of benefit In 2023 and closed 2024 with $ 497 million income.
Is briefly known as Hook and founded by the former Paypal employeesThe clip is Latin American SquareWith POS equipment and fintech solutions for businesses.
The clip became unicorn in 2021 after a $ 250 million round Guided by Softbank and Viking, and has kept this status since then. Round 100 million dollars he raised In June 2024 confirmed its $ 2 billion rating as the company was “on the eve of the benefit” its CEO told Bloomberg.
Loggi is a Brazil -based logistics company known to Focus on distributing the last miles.
Its supporters include Monashees, Qualcomm Ventures and Softbank. Her last round of funding was a series of $ 205 million p Led by Capsur Capital in March 2021 in a rating about $ 2 billion.
Bets are still open Who can join the list And how can the rankings be reorganized, so we will be sure to keep it updated.