Here are the largest startups in Latin America on the basis of evaluation

Not so long ago, the idea of ​​public technology from Latin America seemed to be outfit, and Mercado Lieber appears one day rare and ribbon like the real rhinoceros. Today, however, the region is the home of many startups that have reached a billion dollars.

Some of these startups, which are pushed to the spotlight by expanding across the border, are now recognized outside their countries of origin, with Nubank significantly Going to the public in the United States.

However, there is a broader set of Latin America’s expansion operations that deserve attention; Many are in Fintech, but not exclusively. Other important sectors include e -commerce, health technology, logistics, Propetech and Saas.

Some local single -term “paper assessments” of tours may be raised during the peak of 2021, but the point still stands: it deserves knowledge, and many can recover alongside the market, such as VC’s investment in Latin America Flexibility was shown in 2024.

As a group, these uniforms also reflect the startup centers in Latin America. While Brazil and Mexico are still leaders in the numbers, exclusives from Argentina, Colombia, Chile and Uruguay have emerged, which increased the strengthening of these ecosystems.

Let’s take a closer look at the best Latin American unit by evaluation – although the oldest signs often need to take a grain of salt.

RAPPI (2015): $ 5.25 billion in July 2021

Exit from Colombia, RAPPI is a delivery platform on request Super application And expanded to multiple countries.

Its height increased before the epidemic: In 2019, raised Investment of $ 1 billion From SoftBank. But its evaluation was attached to $ 5.25 billion A tour of more than $ 500 million It was secured in July 2021.

Since then, RAPPI has worked in a more challenging environment, making multiple rounds of Demobilization And confronting the change Economy legislation disturbed in MexicoWhere you are planning now Invest 110 million dollars To enhance its operations. However, the company is still Consider a lot of public subscription and The financial director rented To prepare for this endeavor after reaching a draw for the first time in late 2023.

Quintoandar (2012): $ 5.1 billion in August 2021

Quintoandar is a Brazilian Proptech company that focuses on renting and selling residential real estate. With commercial activities in Six countries of Latin America and Technical center in EuropeI made many acquisitions and grew to become a group of more than 3,500 people.

In 2021, the startup was busy on the donation collection front: less than three months after the advertisement E -300 million dollar series, rating of $ 4 billionQuintoandar, Additional $ 120 million Rating 5.1 billion dollars. with 755 million dollars I grew up so far, and its maximum table includes Kaszek, General Atlantic, SoftBank, and Tencent.

Creditas (2012): $ 4.8 billion in January 2022

Creditas is a Brazilian Fintech player specializing in loans, including consumer credit.

The latest financing round was the F260 million chain in January 2022 to evaluate the Brazilian lender At $ 4.8 billionHealing of $ 1.75 billion in December 2020.

The series F led sincerity, with the participation of the new and current supporters, including Kaszek Ventures, Qed Investors and SoftBank. He was It spread in July 2022 In the same evaluation, allow credit b Buy the Brazilian license for Andor and your son For about $ 93 million.

Nuvemshop (2011): $ 3.1 billion in August 2021

Nuvemshop has been described as Tiendanube in Spanish-speaking markets, a Brazilian e-commerce platform designed for small and medium-sized companies and businessmen to sell products and services online-or in short, “Latin America’s answer to Shopify.”

The latest known rating of $ 3.1 billion comes from $ 500 million E Mega-Round series Participate in the leadership of Insight Partners and Tiger Global Management that raised it in August 2021, just a few months later A series led by $ 90 million d.

Wildlife Studios (2011): $ 3 billion in August 2020

Wildlife Studios is a Brazilian mobile game.

It was established before Victor LazaraNow a general partner in Benchmark, VC company that led the Wildlife Studios ” $ 60 million series a In 2019, a rating of $ 1.3 billion. Less than a year, the startup has reached Nearly 3 billion dollars evaluation From the series B tour.

In an explicit conversation on stage In Slush 2023Lazara said that, when returning back, there was a lot of capital in a very high evaluation, it was a “mistake.” In June 2023, the company announced that the former Amazon Executive Peter Hill will Replace Lazarte as CEO. It was also conducted Several tours of workers’ demobilization.

LOFT (2018): $ 2.9 billion in April 2021

LOFT is a Brazilian PROPTECH With the support of the large names of Silicon Valley since its inception in 2018.

The Loft series was distinguished by $ 175 million by A16z and Vulcan Capital in 2020. At $ 2.9 billion.

The digital real estate platform was not immune to the market turning. I conducted Two tourists from workers’ demobilization in 2022 but He denied that he raised a tour of the bottom In November 2022, in 2023, after a new financing from A. Sovereignty Fund in the Middle EastIn an unknown evaluation and another round of workers’ demobilization, he claimed this I reached a break.

UNICA (2007): $ 2.6 billion in April 2022

UNICO is a Brazilian technology startup, and one of the largest SAAS companies in Latin America.

Its evaluation of $ 2.6 billion is more modern than many of them on this list. It came from the 100 million dollar series that the company gathered In April 2022. The tour was led by Goldman Sachs, with the participation of the current Investors Fund in the Atlantic and the Softbank Latin America.

C6 Bank (2018): $ 2.28 billion in December 2020

C6 Bank is a Brazilian digital bank. Unlike some competitors, it has not expanded beyond Brazil, as it has more than 35 million customers.

C6 was estimated at $ 2.28 billion In December 2020, six months before JPMorgan Chase obtained 40 % of Neobank in 2021. Increase its share In 2023, she now has 46 % of C6, which she had The first profitable year in 2024.

Kavak (2016): $ 2.2 billion in April 2025

With supporters including General Catalyst and SoftBank, Kavak is a Mexico -based e -commerce platform to buy and sell used online cars.

Once a value At 8.7 billion dollars After the E tour, which increased its evaluation in 2021, Kavak witnessed its evaluation He decreased by $ 6.5 billion After the difficulties of expanding and laying down workers. After collecting a royal rights of $ 127 million and securing two debt facilities worth $ 200 million in March 2025, the company aims to put itself in possible public subscription during the three years to the next five.

Bitso (2014): $ 2.2 billion in May 2021

Bitso is an encrypted currency exchange in Latin America, which also facilitates border payments.

In May 2021, she got a $ 250 million chain tour, which is estimated at $ 2.2 billion, led by Tiger Global and Coature, with the participation of new and current investors, including Kaszek and QED.

Cloudwalk (2013): $ 2.15 billion in November 2021

Cloudwalk is known as her commercial brands infinitepay and Jim.com, a Brazilian payment infrastructure company (should not be confused with and between Chinese face recognition software With the same name).

The Cloudwalk evaluation resulted in $ 2.15 billion for $ 150 million chain Catuway in November 2021. Since then, Cloudwalk has achieved the first full year of profitability In 2023 And closed 2024 With $ 497 million in revenue.

Section (2012): $ 2 billion in June 2024

Known for a short period Blitzpay And establishment By former PayPal employeesCut it Latin America boxWith POS and Fintech solutions for companies.

The clip became unicorn in 2021 after a $ 250 million tour Softbank and Viking, and keep this situation since then. A tour of 100 million dollars that you collected In June 2024 It confirmed its evaluation of $ 2 billion because the company was “on the verge of profitability”, its CEO Bloomberg said.

Loggi (2013): $ 2 billion in March 2021

Loggi is a Brazil -based logistical company Focus on delivering the last tilt.

Among its supporters are Monashees, Qualcomm Ventures and Softbank. It was the last financing round for her Series of 20 million dollars F Leaded by Capsur Capital in March 2021, evaluating approximately $ 2 billion.

The bets are still open Who may join the list How can the classifications be rearranged, so we will make sure to update it.