69 Best Startups in South America to Watch in 2024

Nubank is a financial technology company based in Brazil issuing, administrating, processing and transfering payments related to post-paid credit cards and equity investments.

Total Raised: $1128.30M

Last Funding: $400.00M (Series G)

Rappi is a delivery service company operating in Latin American countries.

Total Raised: $1500.00M

Last Funding: $500.00M (Series F)

Elicit Plant is a biosolutions provider for broadacre crops founded in 2017 by Jean-Francois Jeff Déchant.

Total Raised: $66.00M

Last Funding: $48.00M (Series B)

Frubana Inc is a software as a service company founded in 2018 by Fabian Gomez Gutierrez.

Total Raised: $167.00M

Last Funding: $75.00M (Series C)

HABI is a Bogotá-based company founded in 2019 by Sebastian Noguera Escallón.

Total Raised: $215.50M

Last Funding: $200.00M (Series C)

Cayena is an online marketplace in the food industry founded by Gabriel Sendacz.

Total Raised: $72.50M

Last Funding: $17.50M (Series A)

Uala is a neobank based in Argentina offering Personal accounts including a debit card, with all transactions being managed from an iPhone or Android application. On November 5, crypto transaction service was launched. This function is currently available for specific users, and only supports BTC and ETH.

Total Raised: $150.00M

Last Funding: $150.00M (Series C)

Human-centered health management platform.

Total Raised: $52.49M

Last Funding: $2.00M (Seed)

Clara is End-to-end spend management for companies and helps businesses grow. Their credit cards and spend management solutions are already being used by thousands of top companies in Mexico.

Total Raised: $225.00M

Last Funding: $5.00M (Series A)

Pomelo is a company founded in 2021 by gaston irigoyen, hernan corral and juan fantoni.

Total Raised: $15.00M

Last Funding: $15.00M (Series A)

Finkargo is a fintech dedicated to financing small and medium-sized enterprises (SMEs) in Latin America, specifically to facilitate their imports. It focuses on providing fast and accessible commercial credit, enabling companies to raise the capital needed to acquire products from abroad.

Total Raised: $102.50M

Last Funding: $7.50M (Seed)

Lemon is a company founded in 2018 by Borja Martel Seward, Marcelo Cavazzoli and Alan Boryszanski.

Total Raised: $17.23M

Last Funding: $0.88M (Seed)

Almashopping.com is an e-commerce company.

Total Raised: $1.02M

Last Funding: $1.00M (Series A)

Platform that trains software developers and data scientists for free and helps them find jobs in exchange for a share of their future income.

Total Raised: $41.50M

Last Funding: $40.00M (Unknown)

Allows you to make financial transactions through text and voice message commands in WhatsApp.

Total Raised: $5.10M

Last Funding: $5.10M (Seed)

Brazilian AI-powered platform designed to identify errors and fraud in healthcare transactions.

Total Raised: $4.50M

Last Funding: $4.50M (Seed)

Vetwork is a Brazilian company that offers a software solution for the management of veterinary clinics and pet shops. Its platform centralizes financial, fiscal, clinical, and administrative functions in an integrated system. For veterinary clinics, it allows you to manage the appointment schedule and create electronic medical records of patients.

Total Raised: $3.60M

Last Funding: $3.60M (Debt Financing)

Instant payments platform created by the Central Bank of Brazil.

Total Raised: $15.00M

Last Funding: $15.00M (Series A)

An electronic prescription platform for medicines, medical records, and examinations.

Total Raised: $19.00M

Last Funding: $19.00M (Series B)

Treasury platform that allows companies to centralize, digitize, and automate their payment, collection, and reconciliation processes.

Total Raised: $35.00M

Last Funding: $35.00M (Series B)

E-commerce, logistics, and marketing for restaurants founded in 2020.

Total Raised: $1.00M

Last Funding: $1.00M (Seed)

Taggify is a company founded in 2010 by Gustavo Bessone, Julio Chamizo and Anton Kostylev.

Total Raised: $1.00M

Last Funding: $1.00M (Series A)

Brazilian startup dedicated to simplifying and modernizing the process of renting properties through the use of artificial intelligence (AI).

Total Raised: $1.00M

Last Funding: $1.00M (Pre Seed)

Brazilian fintech dedicated to providing financial solutions focused on student credits.

Total Raised: $0.50M

Last Funding: $0.50M (Pre Seed)

Online marketplace enabling users to compare and choose low-interest consumer loans from various banks.

Total Raised: $10.18M

Last Funding: $10.18M (Unknown)

Brubank is a neobank based in Argentina offering personal accounts and a debit card, alongside transaction management from an iPhone or Android application.

Total Raised: $12.80M

Last Funding: $12.80M (Seed)

Company

Total Raised: $1.00M

Last Funding: $1.00M (Seed)

Real-time monitoring software for wastewater treatment plants with AI.

Total Raised: $0.54M

Last Funding: $0.54M (Pre Seed)

Electronic invoicing and transaction platform for businesses.

Total Raised: $1.13M

Last Funding: $1.13M (Unknown)

Caspr Biotech is developing a CRISPR-based platform for rapid diagnostic systems for viruses, bacteria and genetic mutations

Total Raised: $0.40M

Last Funding: $0.25M (Seed)

Product distribution service to supermarkets and commercial establishments.

Total Raised: $2.25M

Last Funding: $2.25M (Unknown)

Taxi aggregator enabling faster, safer, and smarter travel, upgrading industry standards.

Total Raised: $1.21M

Last Funding: $1.21M (Pre Seed)

Platform providing complete logistics solutions for e-commerce using technology.

Total Raised: $0.95M

Last Funding: $0.95M (Pre Seed)

Platform that digitizes and organizes the corporate life of SMEs and their investors.

Total Raised: $0.75M

Last Funding: $0.75M (Pre Seed)

Afluenta is a company founded in 2012 by Alejandro Cosentino.

Total Raised: $0.70M

Last Funding: $0.70M (Seed)

Platform allowing companies to accept various payment methods and manage fraud through one integration.

Total Raised: $0.24M

Last Funding: $0.24M (Pre Seed)

Prestagente is a Bogotá-based provider of loans through a digital platform using non-traditional credit scoring methods.

Codealike is a Buenos Aires-based company founded in 2011.

Dock is a company founded in 2014 by Diogo Frenkel, Frederico Amaral and Marcelo Jacques.

Creditas is a Brazilian financial technology firm offering secured consumer loans.

VTEX is an e-commerce company founded in 1999.

Avancargo is a B2B trucking platform that provides carriers and shippers with better availability, traceability, insurance and tech support. The company facilitates the contracting of cargo transport through a platform that combines supply and demand, simplifying transactions.

CamOnApp is a company founded in 2014.

Marvin is a company founded in 2020.

Despegar is an online B2C travel agency enabling people to research travel plans, book transportation, and book accommodations.

Digital House is a coding school where new generations of coders and digital professionals are trained.

Karvi is a company in the automotive industry.

Turismocity is a travel company.

Altra Investments is a Bogotá-based company.

GuiaBolso is a personal finance platform automatically aggregating people's financial information who also offer credit and investment products.

55social is a São Paulo-based company founded in 2011 by Emílio Maciel.

Vostu is a Buenos Aires-based company founded in 2007.

Acamica is a company founded in 2012 by Gonzalo Orsi, Ignacio Puig Moreno, Juan Badino and Tomás Escobar.

Worcket is a company founded in 2017 by Valeria Rodriguez, Gonzalo Aguero and Sergio Klarreich.

Henry Technologies Inc. is a Buenos Aires-based company founded in 2019.

Entelai LLC is a company founded in 2018.

Real time tracking and predictive maintenance platform with AI and IOT

Last Funding: $0.00M (Unknown)

Solution for automatic toll and parking payment using a white-label service.

Last Funding: $0.00M (Unknown)

Food production company focused on creating delicious and nutritious meals.

Last Funding: $0.00M (Unknown)

Neoway is a São Paulo-based company founded in 2002 by Jaime Leonel de Paula.

Ripio is a company founded in 2013 by Sebastian Serrano.

Ontop is a multi-country payroll manager for LATAM founded in 2020 by Santiago Aparicio, Julian Torres and Jaime Abella.

A company offering a platform for comparing financial and insurances services offered in Latin America.

Enterprise Technologies for Financial Institutions and Retail

Last Funding: $0.00M (Unknown)

Developer of a digital platform designed to facilitate urban last-mile logistic applications. The company's platform offers an application programming interface that can be integrated with the online store or marketplace to offer multiple delivery options to end consumers coupled with functionalities such as real-time tracking.

VU Security is a company founded in 2007.

Workana is a company founded in 2012 by Tomas O'Farrell, Fernando Fornales, Guillermo Bracciaforte and Mariano Iglesias.

CryptoMarket is a blockchain company founded in 2016 by Rafael Meruane.