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 countries, with nubanks especially going to public at the US
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 home can currently keep the “paper ratings” from the rounds that arose during the peak of 2021, but the issue still stands: they are worth knowing, and many can recover alongside the market, as Latin America’s investments 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.
RAPPI (2015): Rated $ 5.25 billion in July 2021
Leaving Colombia, Rappi is a demand delivery platform that became a super app and expanded to many countries.
Her growth was solidarized in front of the Pandemia: in 2019, it raised a $ 1 billion investment from Softbank. But its $ 5.25 billion rating was attached in the round of more than $ 500 million it provided in July 2021.
Since then, Rappi has operated in a more challenging environment, performing numerous rounds of dismissal and facing the change of concert economy legislation in Mexico, where it now plans to invest $ 110 million to increase its operations. However, the company still hopes for IPO and hired a CFO to prepare for that effort after reaching Break-Madje for the first time in late 2023.
Quintandar (2012): Rated at $ 5.1 billion in August 2021
Quintandar is a Brazilian proptech company focused on rent and sale of real estate. With commercial activities in six Latin American countries and a technology center in Europe, it 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 announcing a series of $ 300 million in a $ 4 billion rating, Quintoandar raised $ 120 million in a $ 5.1 billion rating. With $ 75 million raised so far, its lid table includes Kaszek, General Atlantic, Softbank and Tencent.
Creditas (2012): estimated at $ 4.8 billion in January 2022
Creditas is a Brazilian Fintech player specialized in credit, including consumer credit.
His last round of funding was an F series in January 2022 in January 2022, estimating the Brazilian lender at $ 4.8 billion, from $ 1.75 billion in December 2020.
The F series was led by Fideli, with participation by new and existing supporters, including Kaszek Ventures, Qed Investors and Softbank. It was extended in July 2022 in the same rating, allowing Creditas to buy Andorran Bank’s Brazilian license for about $ 93 million.
Nuvemshop (2011): Rated at $ 3.1 billion in August 2021
Marked like Tiendanube in Spanish-speaking markets, Nuvemshop is a Brazilian e-commerce platform created for SMEs and entrepreneurs to sell products and services in the Internet in a nutshell, “Latin American response to Shopify”.
Her latest recognized rating of $ 3.1 billion comes from the 500 million dollars’ mega-randy rating co-guided by Insight Partners and Tiger Global Management that set up in August 2021, just months after ACCE led by $ 90 million Series D.
Studios Wildlife (2011): Rated $ 3 billion in August 2020
Wildlife Studios is a company of Brazilian mobile games.
It was founded by Victor Lazarte, now also a Benchmark partner, the VC firm that led the $ 60 million series of Wildlife Studi in 2019 in a $ 1.3 billion rating. Less than a year later, the beginning reached an estimation of nearly $ 3 billion from his series B.
In a sincere conversation on stage in Slush 2023, Lazarte said that, in retrospect, raising a lot of capital at a very high rating so quickly was a “mistake”. In June 2023, the company announced that former Amazon Hill executive would replace Lazarte as CEO. She also performed several rounds of work.
Loft (2018): Rated at $ 2.9 billion in April 2021
Loft 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 D1 $ 425 million series led by New York-based D1 Capital Partners, followed in March 2021, and its extension in April 2021 praised the company at $ 2.9 billion.
The real estate digital platform was not immune to the market turn. She carried out two rounds of dismissal in 2022, but denied having set up a round down in November 2022. In 2023, after fresh funds from a sovereign fund in the Middle East “with an undiscovered rating and another round of dismissal, he claimed to have been able to rest.
UNICO (2007): Rated at $ 2.6 billion in April 2022
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 Serie D $ 100 million the company set up in April 2022. The round was led by Goldman Sachs, with participation by existing Atlantic and Latin Latin Latin Softbank investors.
C6 Bank (2018): Rated at $ 2.28 billion in December 2020
C6 Bank is a Brazilian digital bank. Unlike some competitors, it has not expanded beyond Brazil, with more than 35 million clients.
The C6 was rated at $ 2.28 billion in December 2020, six months before JPMORGAN Chase won 40% of Neobank ownership in 2021. After increasing its shares to 2023, it now owns 46% of C6, which had its first year useful in 2024.
Kavak (2016): Rated at $ 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 cars.
After being valued at $ 8.7 billion after a series round and doubled his rating in 2021, Kavak without his reduced estimation by $ 6.5 billion after difficulties and expansion breaks. 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 (2014): Rated at $ 2.2 billion in May 2021
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 valued the company of $ 2.2 billion and co-guided by Tiger Global and Coatue, with participation by new and existing investors, including Kaszek and Qeda.
Cloudwalk (2013): estimated at $ 2.15 billion in November 2021
Known for its brands Infinitepay and Jim.com, Cloudwalk is a Brazilian payment infrastructure company (not to be confused with the Chinese software company for face recognition of the same name).
The $ 2.15 billion estimation of Cloudwalk resulted from a Coatue Coatue -led C 150 million series in November 2021. Since then, Cloudwalk reached its first year of benefit in 2023 and closed 2024 with $ 497 million.
CLIP (2012): Rated $ 2 billion in June 2024
Briefly known as Blitzpay and founded by former Paypal employees, Clip is Latin American Square, with POS equipment and fintech solutions for businesses.
Clip became unicorn in 2021 after a $ 250 million round led by Softbank and Viking, and kept this status since then. The $ 100 million round that raised in June 2024 confirmed its $ 2 billion rating as the company was “on the verge of profitability,” CEO told Bloomberg.
Loggi (2013): Rated $ 2 billion in March 2021
Loggi is a Brazil -based logistical company known for its concentration on the distribution of the last miles.
Its supporters include Monashees, Qualcomm Ventures and Softbank. His last round of funding was a series of FS $ 205 million led by Capur Capital in March 2021 with a $ 2 billion rating.
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.
