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The Full List of 39 Latin American Unicorn Startups (2026)

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Latin America is home to 39 unicorn startups, with companies spanning across various industries. The on-demand delivery platform Rappi leads the pack with a $5.25B valuation, while fintech company Plata reached a $3B valuation just two years after its founding.

Fintech and retail are prominent sectors, with many companies originating from Brazil.

Below is the full list of 39 Latin American unicorn startups at this time.

Top 10 Most Valuable Latin American Unicorns

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Rappi operates a comprehensive on-demand delivery platform that serves as a super-app for consumers across Latin America. They connect users with local couriers to deliver a wide array of products, from restaurant food and groceries to pharmacy items, often in minutes.

Valuation$5.25B (Joined August 2018)
HeadquartersBogotá, Distrito Especial, Colombia
Year Founded2015
FoundersFelipe Villamarin, Juan Pablo Ortega, Sebastian Mejia, Simon Borrero
Funding Amount$2.6B
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries F
Top InvestorsQuiet Capital, Plug and Play, Endeavor Catalyst, Sequoia Capital, Andreessen Horowitz

QuintoAndar operates a leading real estate marketplace in Latin America, simplifying how people rent or buy homes. They are known for a fully digital experience that handles everything from online listings and virtual tours to secure contract signing for both landlords and tenants.

Valuation$5.1B (Joined September 2019)
HeadquartersSão Paulo, Sao Paulo, Brazil
Year Founded2012
FoundersAndre Penha, Gabriel Braga
Funding Amount$755.3M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusVenture Round
Top InvestorsGeneral Atlantic, QED Investors, Tencent, Ribbit Capital, Social Capital

C6 Bank built a full-service digital bank that serves both individuals and businesses entirely through its mobile app. Their platform offers a complete suite of financial products, from credit cards and investment options to international and business accounts.

Valuation$5.05B (Joined December 2020)
HeadquartersSão Paulo, Sao Paulo, Brazil
Year Founded2018
FoundersCarlos Fonseca, Leandro Torres, Luiz Calicchio, Marcelo Kalim
Funding Amount$2.3B
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusCorporate Round
Top InvestorsJP Morgan Chase

iFood developed a leading online platform for ordering and delivering food from a wide network of restaurants. Their service simplifies the process of discovering and ordering from local eateries, making them a household name in the Brazilian food delivery market.

Valuation$5B
HeadquartersOsasco, Sao Paulo, Brazil
Year Founded2011
FoundersEduardo Baer, Felipe Ramos Fioravante, Gabriel Pinto, Guilherme Bonifacio, Michel Eberhardt, Patrick Sigrist
Funding Amount$2.1B
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries G
Top InvestorsInnova Capital, Prosus, Movile, Just Eat Take​away.com, Warehouse Investimentos

Creditas operates a digital platform providing consumer loans with lower interest rates to the Brazilian market. They focus on secured lending, which allows customers to use their homes or vehicles as collateral to access better financing options.

Valuation$5B (Joined December 2020)
HeadquartersSão Paulo, Sao Paulo, Brazil
Year Founded2012
FoundersSergio Furio
Funding Amount$1.1B
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries F
Top InvestorsQED Investors, Wellington Management, Headline, International Finance Corporation, Endeavor Catalyst

Nuvemshop created an e-commerce platform that helps small and medium-sized businesses set up, manage, and promote their online stores. Their technology provides merchants with integrated tools for website creation, payment processing, and marketing campaigns.

Valuation$3.1B (Joined August 2021)
HeadquartersSão Paulo, Sao Paulo, Brazil
Year Founded2010
FoundersAlejandro Alfonso, Alejandro Vazquez, Jose Abuchaem, Martin Palombo, Santiago Sosa
Funding Amount$628.4M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries E
Top InvestorsVMG Partners, FJ Labs, Tiger Global Management, Insight Partners, Accel

Plata offers a credit card and accompanying mobile app designed to expand financial access for consumers in Mexico. Their platform integrates a buy-now-pay-later service with a customized rewards program, giving users more flexible payment options.

Valuation$3B (Joined March 2025)
HeadquartersMexico City, Distrito Federal, Mexico
Year Founded2023
FoundersDanil Anisimov, Neri Tollardo
Funding Amount$685M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries B
Top InvestorsTelevisaUnivision, Fasanara Capital, Kora, Hedosophia, Spice Expeditions

Ualá created a popular digital banking app that gives users a single place to manage their finances. Their platform provides a prepaid Mastercard and tools for making payments, sending money, and tracking spending.

Valuation$3B
HeadquartersBuenos Aires, Distrito Federal, Argentina
Year Founded2017
FoundersPierpaolo Barbieri
Funding Amount$910M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries E
Top InvestorsGoldman Sachs, Bessemer Venture Partners, Ribbit Capital, Endeavor Catalyst, General Catalyst

Loft has built a comprehensive real estate marketplace for the Brazilian market, simplifying the journey of buying, selling, or renting a home. They combine property listings with integrated financial services, including mortgage origination and rent guarantees, all on one platform.

Valuation$3B (Joined January 2020)
HeadquartersSão Paulo, Sao Paulo, Brazil
Year Founded2018
FoundersFlorian Hagenbuch, Kristian Huber, Mate Pencz
Funding Amount$888M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusVenture Round
Top InvestorsAdvent International, Andreessen Horowitz, Canary, Endeavor Catalyst, QED Investors

Wildlife Studios develops and publishes mobile games for a global audience of millions. Their portfolio includes some of the world's most popular competitive titles, such as Tennis Clash and Zooba.

Valuation$3B (Joined December 2019)
HeadquartersSão Paulo, Sao Paulo, Brazil
Year Founded2011
FoundersArthur Lazarte, Michael Mac-Vicar, Victor Lazarte
Funding Amount$260M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries B
Top InvestorsHuman Capital, Bessemer Venture Partners, Benchmark, Base Partners, Upload Ventures

The Remaining 29 Latin American Unicorns

The ten most valuable companies represent just a part of Latin America's success story. Dozens of other startups are also growing fast, particularly in fintech and retail, having raised over $16 billion together.

Some of these companies are new, while others have been building for years. Here’s a look at the other unicorns shaping the region's startup scene.

Unicorn StartupMain IndustryYear FoundedAmount RaisedValuation
unico IDtech logo unico IDtechEnterprise2007$336.9M$3B
Bitso logo BitsoCrypto2014$314.5M$2.2B
Kavak logo KavakMobility2016$2.9B$2.2B
CloudWalk logo CloudWalkFintech2013$2.1B$2.15B
Olist logo OlistRetail2015$322.5M$2B
Kushki logo KushkiRetail2017$194M$2B
1inch logo 1inchCrypto2020$189.8M$2B
Dock logo DockFintech2014$280M$2B
NotCo logo NotCoFood2015$433M$2B
2TM logo 2TMFintech2013$250.3M$2B
Clip logo ClipRetail2012$553.7M$2B
Loggi logo LoggiLogistics2013$507M$2B
Neon logo NeonFintech2016$852.4M$1.38B
Konfio logo KonfioFintech2013$1.1B$1.3B
Merama logo MeramaRetail2020$743.5M$1.2B
Stori logo StoriMedia2019$661.6M$1.2B
Nowports logo NowportsLogistics2018$242.6M$1.1B
EBANX logo EBANXRetail2012$460M$1B
Clara logo ClaraFintech2020$492M$1B
Kapital logo KapitalFintech2020$471.1M$1B
HIF Global logo HIF GlobalEnergy2019$480M$1B
QI Tech logo QI TechFintech2018$375M$1B
Habi logo HabiRetail2019$597.8M$1B
Betterfly logo BetterflyFintech2018$204.5M$1B
MadeiraMadeira logo MadeiraMadeiraRetail2009$338.8M$1B
Movile logo MovileRetail1998$588.2M$1B
Facily logo FacilyRetail2018$502.4M$1B
CargoX logo CargoXLogistics2013$390.1M$1B
Grupo Axo logo Grupo AxoRetail1994$1B

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