Tech unicorns 🦄 are privately held, venture-backed tech companies with post-money valuations of US$1b+ based on their last disclosed valuation event.
Tech unicorns are a more recent phenomenon in Latin America, as the size of an investment round that would normally generate a unicorn valuation has become available in a markedly increased capacity since 2017.
This leaderboard is current as of December 2020 and is based on information reported by secondary sources, linked to where possible.
🦄 VC-Backed Tech Unicorns (Over US$1b):
🇦🇷 Auth0 (enterprise solution)
US$1b last disclosed valuation (2019).
US$103m last disclosed round in 2019.
🇧🇷 Creditas (fintech)
US$1.75b last disclosed valuation (2020).
US$255m last disclosed round in 2020.
🇺🇾 dLocal (fintech)
US$5b last disclosed valuation (2021).
US$150m last disclosed round in 2021.
🇧🇷 EBANX (fintech)
US$1b+ last disclosed valuation (2019).
Last disclosed round (undisclosed amount) in 2019.
🇧🇷 Gympass (marketplace)
US$1b last disclosed valuation (2019).
US$300m last disclosed round in 2019.
🇧🇷 iFood (logistics & distribution)
Valuation undisclosed.
US$500m last disclosed round in 2018.
🇲🇽 Kavak (marketplace)
US$4b last disclosed valuation (2021).
US$485m last round in 2021.
🇧🇷 Loft (proptech)
US$2.2b last disclosed valuation (2021).
US$425m last disclosed round in 2020.
🇧🇷 Loggi (logistics & distribution)
US$2b+ last disclosed valuation (2021).
US$205m last disclosed round in 2021.
🇧🇷 MadeiraMadeira (e-commerce)
US$1b last disclosed valuation (2021).
US$190m last disclosed round in 2021.
🇧🇷 Movile (e-commerce)
Valuation undisclosed.
US$53m last disclosed round in 2017.
🇧🇷 Nubank (fintech)
US$25b last disclosed valuation (2021).
US$400m last disclosed round in 2021.
🇧🇷 QuintoAndar (proptech)
US$1b+ last disclosed valuation (2019).
US$250m last disclosed round in 2019.
🇨🇴 Rappi (logistics & distribution)
US$3.5b+ last disclosed valuation (2020).
US$300m last disclosed round in 2020.
🇧🇷 VTEX (ecommerce)
US$1.7b last disclosed valuation (2020).
US$222m last disclosed round in 2020.
🇧🇷 Wildlife Studios (gaming)
US$1.3b last disclosed valuation (2019).
US$60m last disclosed round in 2019.
🇧🇷 99 (transportation)
US$1b last disclosed valuation (2018).
US$600m last disclosed round in 2018.
Disclaimer: The information contained in this publication has been gathered from sources believed to be reliable and from secondary sources that were checked whenever possible, but its accuracy and completeness are not guaranteed. LAVCA shall not be responsible for any inaccuracy unintentionally included in this publication. Readers should consult and rely solely on their judgment or their own advisers regarding all pertinent information, legal, and accounting issues.