Chile's startup ecosystem shows a notable diversity across various industries. The landscape features both emerging companies and well funded ventures.
Energy company HIF Global leads in funding with $480M for its carbon neutral fuel production. Betterfly follows with $204.5M for its platform that converts healthy activities into charitable donations.
Below is our list of 41 Chile startups worth keeping an eye on.
Failory's Top 10 Picks
Tool
Fundraising OS
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
Buy It For $97 $297 →Sheet
2,189 Accelerators & Incubators
Information about the industries, countries, and cities they generally invest in.
Get the Sheet for $50Sheet
1,600+ Unicorns
Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $50Sheet
250 BioTech & Health Investors
List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Sheet
250 AI Investors
List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Sheet
250 Fintech Investors
List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50HIF Global produces carbon-neutral synthetic fuels, known as eFuels, designed to work in existing cars, ships, and planes without modification. Their process uses renewable energy to create a gasoline substitute, offering a way to decarbonize the transportation sector.
| Headquarters | Santiago, Region Metropolitana, Chile |
| Year Founded | 2019 |
| Founders | — |
| Funding Amount | $480M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Corporate Round |
| Top Investors | Baker Hughes, Porsche, EIG Global Energy Partners(EIG), Mitsui O.S.K. Lines, Idemitsu Kosan |
AgendaPro created a software platform designed for businesses in the beauty and wellness sectors. Their tools help business owners manage client appointments and process online payments.
| Headquarters | Santiago, Region Metropolitana, Chile |
| Year Founded | 2014 |
| Founders | Julio Guzmán, Matías Ulloa, Nicolás Rossi, Sebastián Hevia |
| Funding Amount | $42.8M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | Y Combinator, Riverwood Capital, Kayyak Ventures, Fen Ventures, CORFO |
Buk develops a cloud-based human resources platform that centralizes a wide range of HR tasks into one system. Their software helps companies manage core functions like payroll, talent management, and employee benefits from a single dashboard.
| Headquarters | Santiago, Region Metropolitana, Chile |
| Year Founded | 2016 |
| Founders | Felipe Sateler, Jaime Arrieta Boetsch, Ricardo Sateler, Santiago Lira, Teresita Moran Ovalle |
| Funding Amount | $135M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series B |
| Top Investors | Base10 Partners, Headline, Endeavor Catalyst, SoftBank, Workday Ventures |
Betterfly offers a digital benefits platform that transforms healthy habits into tangible rewards for employees. Their purpose-driven model converts activities like walking and meditating into increased life insurance coverage and charitable donations.
| Headquarters | Santiago, Region Metropolitana, Chile |
| Year Founded | 2018 |
| Founders | Cristobal della Maggiora, Eduardo della Maggiora |
| Funding Amount | $204.5M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series C |
| Top Investors | QED Investors, Endeavor Catalyst, Lightrock, VentureSouq, Greycroft |
Toku built a payment relationship management (PRM) platform designed to help companies in Latin America automate revenue collection. The software streamlines the payment process, making it frictionless for end-users and improving recovery rates for businesses.
| Headquarters | Santiago, Region Metropolitana, Chile |
| Year Founded | 2020 |
| Founders | Cristina Etcheberry, Francisca Noguera Astaburuaga |
| Funding Amount | $66.5M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series A |
| Top Investors | Oak HC/FT, Y Combinator, Clocktower Technology Ventures, F-Prime, FundersClub |
Engie Energia Chile generates and supplies electricity and transports natural gas throughout the country. Their work involves a broad range of energy solutions, from traditional oil and gas infrastructure to developing renewable energy sources.
| Headquarters | Santiago, Region Metropolitana, Chile |
| Year Founded | 1981 |
| Founders | — |
| Funding Amount | $400M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Debt Financing |
| Top Investors | International Finance Corporation, ILX |
Bruna by Altum Lab builds a B2B SaaS platform that uses artificial intelligence to optimize industrial production processes. Their software provides predictive analytics for companies in sectors like aquaculture and food processing to increase efficiency and improve quality control.
| Headquarters | Antofagasta, Antofagasta, Chile |
| Year Founded | 2017 |
| Founders | Ismael Valenzuela, Madeleine Valderrama |
| Funding Amount | $1.8M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Venture Round |
| Top Investors | devlabs, CORFO, CARABELA, Aster, Imagine Lab |
Ceibo develops and deploys technologies to help the mining industry supply the materials essential for a net-zero economy. Their solutions focus on making the extraction process more sustainable and efficient.
| Headquarters | Macul, Region Metropolitana, Chile |
| Year Founded | 2017 |
| Founders | Cristóbal Undurraga, Jorge Errázuriz, Pamela Chavez |
| Funding Amount | $35M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | Khosla Ventures, Endeavor Catalyst, Energy Impact Partners, Bossa Invest, CoTec |
PhageLab develops bacteriophage-based solutions to control bacterial diseases in the animal production industry. Their technology serves as a natural alternative to antibiotics, improving animal health and food safety for poultry, aquaculture, and livestock.
| Headquarters | Santiago, Region Metropolitana, Chile |
| Year Founded | 2009 |
| Founders | Diego Belmar, Hans Pieringer, Nico Ferre, Nicolas Ferreira, Pablo Cifuentes |
| Funding Amount | $41M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Venture Round |
| Top Investors | Kaszek, Collaborative Fund, The Yield Lab LATAM, Start-Up Chile, Humboldt Fund |
Colektia provides a digital platform that uses artificial intelligence to help financial institutions create more effective debt collection models. Their software builds personalized strategies to improve recovery rates and the overall customer experience.
| Headquarters | Santiago, Region Metropolitana, Chile |
| Year Founded | 2018 |
| Founders | Gabriel Monroy, Oswaldo Monroy |
| Funding Amount | $14.1M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series B |
| Top Investors | Endeavor, Wayra, Village Capital, devlabs, Angel Ventures |
31 Additional Chile Startups Worth Following
Those top ten companies are exciting, but they are just part of a much bigger picture. Across the country, founders are building new things and finding support for their ideas.
Together, these companies have raised over a billion dollars and work in fields from finance to farming. Here’s a look at the rest of the startups shaping Chile's growing scene.