Startup continent

Startup continent

CB Insights identified the top-funded VC-backed tech startups in Latin America, based on disclosed equity funding.

Since 2012, more than $5.7B has been invested across over 520 equity deals to tech startups in Latin America.

This includes investment in leading tech companies such as on-demand delivery startup Rappi in Colombia and online food delivery platform iFood in Brazil.

To dive deeper into the startup status in Latin America, CB Insights listed the most well-funded tech startups in the country:

Among other key findings regarding startups in Latin America, it also exposed:

  • The most well-funded startup in Latin America is on-demand delivery startup Rappi in Colombia with over $1.4B in total disclosed funding.
  • Rounding out the top 3 most well-funded startups in the region are online food delivery platform iFood in Brazil ($590M in total disclosed funding), and Panama-based co-working startup Selina ($195M).
  • 2 of the 11 companies featured in our map are unicorns (valued at $1B+): on-demand delivery startup Rappi in Colombia and online food delivery platform iFood in Brazil. Selinais a potential future unicorn, valued at $850M.
  • The region is home to 4 countries whose most well-funded tech startup has raised over $100M in funding. Only Rappi has raised more than $1B+ in equity funding.
  • The least well-funded startup on the map is Singularities in Costa Rica which raised $1.3M in August 2018.

About the Author:

Francisco Rodriguez Chapa
Businessman based in Mexico. He has been Management Director for Redpack and currently serves as the Chairman of the Board of Directors.
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