Latin America

Introduction

Latin America is an emerging startup ecosystem region, home to some of the world’s largest cities and emerging tech hubs. The region is home to over 9k+ funded startups.

Within the region, in recent years there has been a rapid uptake of digital economy products and services. From fintech to e-commerce and beyond, the region’s consumers are increasingly turning to digital platforms for their everyday needs.

This has also contributed in the rapid growth in new unicorns over the past decade, with over 60 unicorns now originating from the Latin America.

Geographical definitions

For the purpose of this guide, Latin America includes: Brazil, Mexico, Chile, Colombia, Argentina, Uruguay, Puerto Rico, Guatemala, Costa Rica, Peru, Panama, El Salvador, Ecuador and Bolivia

Paraguay, Haiti, Honduras, Nicaragua, Dominican Republic and Cuba are considered low VC activity regions, hence details of their respective VC investment is not provided.