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 January 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.
🇧🇷 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.
🇧🇷 Loft (proptech)
US$1b last disclosed valuation (2020).
US$175m last disclosed round in 2020.
🇧🇷 Loggi (logistics & distribution)
US$1b+ last disclosed valuation (2019).
US$100-150m last disclosed round in 2019.
🇧🇷 Movile (e-commerce)
Valuation undisclosed.
US$53m last disclosed round in 2017.
🇧🇷 Nubank (fintech)
US$10b last disclosed valuation (2019).
US$400m last disclosed round in 2019.
🇧🇷 QuintoAndar (proptech)
US$1b+ last disclosed valuation (2019).
US$250m last disclosed round in 2019.
🇨🇴 Rappi (logistics & distribution)
US$3.5b+ last disclosed valuation (2019).
US$1b last disclosed round in 2019.
🇧🇷 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.
📈 Emerging Tech Unicorns (Under US$1b):
🇲🇽 Clip (fintech)
US$400m last disclosed valuation (2019).
US$100m last disclosed round in 2019.
🇧🇷 Creditas (fintech)
US$750m last disclosed valuation (2019).
US$231m last disclosed round in 2019.
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.