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

HIF 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.

HeadquartersSantiago, Region Metropolitana, Chile
Year Founded2019
Founders
Funding Amount$480M
Startup SizeMid-Size Team (51-250)
Last Funding StatusCorporate Round
Top InvestorsBaker 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.

HeadquartersSantiago, Region Metropolitana, Chile
Year Founded2014
FoundersJulio Guzmán, Matías Ulloa, Nicolás Rossi, Sebastián Hevia
Funding Amount$42.8M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries B
Top InvestorsY 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.

HeadquartersSantiago, Region Metropolitana, Chile
Year Founded2016
FoundersFelipe Sateler, Jaime Arrieta Boetsch, Ricardo Sateler, Santiago Lira, Teresita Moran Ovalle
Funding Amount$135M
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries B
Top InvestorsBase10 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.

HeadquartersSantiago, Region Metropolitana, Chile
Year Founded2018
FoundersCristobal della Maggiora, Eduardo della Maggiora
Funding Amount$204.5M
Startup SizeLarge Team (251-1,000)
Last Funding StatusSeries C
Top InvestorsQED 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.

HeadquartersSantiago, Region Metropolitana, Chile
Year Founded2020
FoundersCristina Etcheberry, Francisca Noguera Astaburuaga
Funding Amount$66.5M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries A
Top InvestorsOak 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.

HeadquartersSantiago, Region Metropolitana, Chile
Year Founded1981
Founders
Funding Amount$400M
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusDebt Financing
Top InvestorsInternational 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.

HeadquartersAntofagasta, Antofagasta, Chile
Year Founded2017
FoundersIsmael Valenzuela, Madeleine Valderrama
Funding Amount$1.8M
Startup SizeLean Team (11-50)
Last Funding StatusVenture Round
Top Investorsdevlabs, 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.

HeadquartersMacul, Region Metropolitana, Chile
Year Founded2017
FoundersCristóbal Undurraga, Jorge Errázuriz, Pamela Chavez
Funding Amount$35M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries B
Top InvestorsKhosla 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.

HeadquartersSantiago, Region Metropolitana, Chile
Year Founded2009
FoundersDiego Belmar, Hans Pieringer, Nico Ferre, Nicolas Ferreira, Pablo Cifuentes
Funding Amount$41M
Startup SizeLean Team (11-50)
Last Funding StatusVenture Round
Top InvestorsKaszek, 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.

HeadquartersSantiago, Region Metropolitana, Chile
Year Founded2018
FoundersGabriel Monroy, Oswaldo Monroy
Funding Amount$14.1M
Startup SizeLarge Team (251-1,000)
Last Funding StatusSeries B
Top InvestorsEndeavor, 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.

StartupIndustryYear FoundedAmount RaisedLast Funding Round
Lemu logo LemuOther2020$12MSeries A
Regcheq logo RegcheqEnterprise2021$4.4MSeed
Examedi logo ExamediHealthcare2021$19.9MSeries A
Elevva logo ElevvaRetail2021$30MSeed
Tiver.cloud logo Tiver.cloudAI2024$1.5MSeed
Cornershop logo CornershopRetail2015$31.7MSeries B
Wherex logo WherexAI2016$7.5MSeed
HealthAtom logo HealthAtomMarketing2009$10MSeries A
Talana logo TalanaSaaS2016$8.1MVenture Round
Exacta BioScience logo Exacta BioScienceAgTech2019$1.3MSeed
diio logo diioAnalytics2024$3.3MSeed
Webdox logo WebdoxCloud2017$11.3MVenture Round
TIMining logo TIMiningInfrastructure2011$13.8MSeries B
SPOT logo SPOTAnalytics2018$3.1MSeed
Shinkansen logo ShinkansenFintech2022$4.1MSeed
Reuse logo ReuseMarketplace2018$6.2MSeed
Instacrops logo InstacropsAgTech2014$3.1M
Sierra Gorda SCM logo Sierra Gorda SCMManufacturing2012$500MDebt Financing
Moray Energy logo Moray EnergyEnterprise2013$250MPrivate Equity
Justo logo JustoRetail2018$2.6MSeed
Remote Waters logo Remote WatersManufacturing2018$795kGrant
Encuadrado logo EncuadradoFintech2019$1.6MSeed
Loads logo LoadsAgTech2022$8.1MVenture Round
ComparaOnline logo ComparaOnlineEnterprise2009$33.1MSeries C
Poliglota logo PoliglotaEducation2011$4.4MEquity Crowdfunding
Creditú logo CreditúFintech2017R$100MVenture Round
BioElements logo BioElementsBiotech2014$30MSeries A
Bemmbo logo BemmboFintech2022$600kPre-Seed
Get on Board logo Get on BoardEnterprise2014$600kSeed
Hackmetrix logo HackmetrixSecurity2017$3MConvertible Note
Rocketbot logo RocketbotAI2018$2.1MSeed