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Latin American Unicorn Startups

This is a Mexico news story, published by TechCrunch, that relates primarily to Loft news.

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top Latin American unicorns

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SoftBank Latin America Fund

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Here are Latin America’s biggest startups based on valuation | TechCrunch

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Some homegrown unicorns may currently hold “paper valuations” from rounds that were raised during the 2021 peak.

As a group, these unicorns also reflect Latin America’s multiple startup hubs.

While Brazil and Mexico remain leaders in numbers, unicorns have also emerged from Argentina , Colombia , Chile , and Uruguay .

Brazilian real estate platform Loft was valued at $2.9 billion in April 2021 .

Brazilian digital bank C6 Bank is a Brazilian neobank with more than 35 million clients.

Kavak is a Mexico -based e-commerce platform to buy and sell used cars online.

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External references

https://www.bloomberg.com/news/articles/2024-06-18/mexico-payment-unicorn-clip-raises-100-million-in-funding-round https://contxto.com/en/venture-capital/unicorns-in-latin-america-2025-how-the-race-to-conquer-the-1-billion-mark-is-going/https://grupoquintoandar.com/https://www.bloomberglinea.com/english/brazilian-unicorn-loft-denies-receiving-down-round/https://valorinternational.globo.com/markets/news/2025/02/25/c6-bank-posts-first-annual-profit-with-r23bn-in-2024.ghtml https://www.marketscreener.com/quote/stock/SOFTBANK-GROUP-CORP-6492452/news/SoftBank-backed-Rappi-to-invest-110-mln-to-boost-Mexico-operations-46303141/https://www.foley.com/news/2022/04/foley-brazilian-unicorn-unico-100m-series-d/https://www.onlinemarketplaces.com/articles/brazilian-proptech-loft-claims-break-even/https://serebrisky.com/2025/03/17/venture-capital-in-latin-america-shows-signs-of-recovery-heading-into-2025/https://news.crunchbase.com/venture/brazils-newest-unicorn-wildlife-studios-raises-60m-series-a-led-by-benchmark/https://www.reuters.com/business/finance/jpmorgan-increases-stake-brazilian-digital-bank-c6-46-2023-08-29/https://www.marketscreener.com/quote/index/DOW-JONES-INDUSTRIAL-4945/news/Colombia-s-Rappi-could-be-ready-for-IPO-in-12-months-cofounder-says-47879223/https://www.cloudwalk.cn/en/https://news.crunchbase.com/venture/wildlife-scores-vulcan-led-120m-series-b-financing-to-propel-mobile-game-platform/https://www.fintechfutures.com/bankingtech/mexican-fintech-clip-raises-250m-in-softbank-led-investment https://www.techloy.com/brazilian-unicorn-loft-secures-100-million/https://www.payclip.com/about-us/our-story https://www.prnewswire.com/news-releases/brazilian-fintech-cloudwalk-reports-320-5-million-in-revenue-and-22-3-million-in-profits-in-2023-as-it-prepares-for-us-launch-302082254.html https://www.bloomberg.com/news/articles/2025-04-15/mexico-car-dealer-kavak-s-valuation-slashed-by-6-5-billion-as-market-sours https://www.cloudwalk.io/newsroom/cloudwalk-closes-2024-with-us-497-million-in-revenue-triples-net-income-driven-by-ai-and-blockchain https://www.fintechfutures.com/venture-capital-funding/mexican-fintech-unicorn-clip-lands-100m-investment https://www.bloomberg.com/news/articles/2021-03-01/softbank-backed-loggi-valued-near-2-billion-in-funding-round https://www.crunchbase.com/organization/quintoandar https://www.bnnbloomberg.ca/business/company-news/2024/12/10/mexico-lower-house-votes-unanimously-to-pass-gig-worker-reform/https://www.gamedeveloper.com/business/mobile-developer-wildlife-studios-is-making-huge-layoffs https://www.reuters.com/business/finance/jpmorgan-backed-brazilian-digital-bank-c6-posts-first-ever-profit-q1-2024-04-29/https://www.bloomberg.com/news/articles/2024-04-11/delivery-app-rappi-taps-cfo-to-get-startup-ipo-ready https://www.bloomberglinea.com/english/game-over-for-wildlifes-ceo-as-brazilian-unicorn-restructures-cuts-13-of-staff/https://www.bloomberglinea.com/2022/07/08/creditas-expands-its-f-series-maintains-valuation-buys-andbank-in-brazil/

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