2021 Latin American Startup Directory


Venture investment has grown dramatically in Latin America since 2016 to USD4.1b in 2020, and USD6.4b for 1H 2021 alone, according to LAVCA VC Data. With it has emerged a growing cohort of venture-backed startups across varied geographies, sectors and stages of investment.

LAVCA’s sixth annual Latin American Startup Directory profiles 299 startups that raised USD1m+ in venture funding in 2020 and 1H 2021, during a time of record venture investment in the region.

With details on each company’s disclosed investors, sector and stage, headquarters and more, this year’s output also tracks the increasing flow of capital to women-led startups, and the increasing participation of corporate investors in startup funding rounds.


Startups that reached unicorn valuations in 2020 and 1H 2021 include Bitso, Clip, Creditas, Kavak, MadeiraMadeira, and VTEX. For a current list of privately held, venture-backed startups that have reached valuations over USD1b, including Mercado Bitcoin, MURAL, Tiendanube, unico, and Ualá, which reached unicorn valuations after 1H 2021, view LAVCA’s Unicorn Leaderboard.


This directory does not include venture-backed startups in the region that have been acquired or listed. Access LAVCA’s adjacent list of highlighted, VC-backed startups that have been acquired/listed, including dLocal, RD Station, VTEX and others.


LAVCA members can download an accompanying LAVCA Data Pack a full list of disclosed startup investments over USD1m for 2020 and 1H 2021, with additional details including each startup’s founders and markets of operation, as well as a full list of women-led startups (with names and titles), repeat founders, rounds with CVC participation and more.

Download PDF report here: