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Here are Latin America’s biggest startups based on valuation
Not so long ago, the idea of public tech companies emerging from Latin America seemed far-fetched, and Mercado Libre once appeared as rare and mythical as
Some homegrown unicorns may currently hold “paper valuations” from rounds that were raised during the 2021 peak, but the point still stands: They are worth knowing, and many could recover alongside the market, as VC investment in Latin America demonstrated resilience in 2024. Branded as Tiendanube in Spanish-speaking markets, Nuvemshop is a Brazilian e-commerce platform designed for SMEs and entrepreneurs to sell products and services online — or in short, “Latin America’s answer to Shopify.” A former LATAM & Media Editor at The Next Web, startup founder and Sciences Po Paris alum, she’s fluent in multiple languages, including French, English, Spanish and Brazilian Portuguese.
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