Top Unicorn Startups in South America for 2025

In South America, we rank 25 unicorn startups based on an algorithm that considers factors such as total investment, quarterly employee count, and website traffic. Unicorns in South America are falling behind the performance of their global counterparts.

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Top Unicorn Startups in South America for 2025

SB Score:753

QuintoAndar is a platform that simplifies the rental of residential real estate for landlords and renters. With QuintoAndar, customers can work with a top-notch team that uses the best practices and best tools, be part of a high-impact project that will affect many people's lives, have autonomy to make decisions with no endless meetings, and work in an informal environment and horizontal hierarchy. Founded in February 2013 by Gabriel Braga and Andre Penha, it is headquartered in São Paulo in Brazil.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (Sao Paulo)

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National Rank (Brazil)

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Global Rank (WorldWide)

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SB Score:750

iFood dominates food delivery in Latin America, providing a wide range of restaurant options and quick delivery service right to your door.

Industry:
Transportation
Subindustry:
Logistics

City Rank (Sao Paulo)

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National Rank (Brazil)

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SB Score:732

Ebanx is a Latin American payments platform that helps global merchants sell their products locally by offering a wide range of local payment methods.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Curitiba)

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National Rank (Brazil)

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Global Rank (WorldWide)

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Total amount:25

Best Software & Data Startups in South America for 2025

South America startups in the Software & Data industry are overperforming their global industry peers. The top three Software & Data unicorns in South America have raised more than USD 7.36B, an amount that is higher than the global industry average.
SB Score:597

Unico, an IDTech startup, streamlines digital identity verification for seamless interactions between individuals and businesses. Simplifying the process, Unico enhances security and efficiency in personal data management.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Sao Paulo)

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National Rank (Brazil)

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Global Rank (WorldWide)

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SB Score:278

Betterfly rewards healthy habits with charitable donations and provides free life insurance coverage. This purpose-driven benefits platform encourages users to prioritize their well-being while giving back to the community.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Santiago)

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National Rank (Chile)

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Global Rank (WorldWide)

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Unranked

Movile invests in and grows tech companies and individuals to maximize their potential. With a dedicated team driven by challenges, we aim to impact 1 billion lives through innovative technology, effective management, and a strong culture.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Sao Paulo)

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National Rank (Brazil)

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Global Rank (WorldWide)

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Total amount:3

Most Valuable Unicorns in South America for 2025

The top three most valuable unicorns in South America have raised total funding of more than USD 10.5B. Among the top three funded unicorns, the most popular industry, based on total funding, is Edtech.
SB Score:552

Rappi offers fast and convenient on-demand delivery services for food, groceries, medicine, and more. Users can easily order from a variety of categories such as liquor, with quick delivery to their doorstep.

Industry:
Transportation
Subindustry:
Logistics

City Rank (Bogota)

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National Rank (Colombia)

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Global Rank (WorldWide)

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SB Score:753

QuintoAndar is a platform that simplifies the rental of residential real estate for landlords and renters. With QuintoAndar, customers can work with a top-notch team that uses the best practices and best tools, be part of a high-impact project that will affect many people's lives, have autonomy to make decisions with no endless meetings, and work in an informal environment and horizontal hierarchy. Founded in February 2013 by Gabriel Braga and Andre Penha, it is headquartered in São Paulo in Brazil.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (Sao Paulo)

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National Rank (Brazil)

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Global Rank (WorldWide)

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SB Score:689

C6 Bank is a digital bank providing a wide range of banking services for individuals and small to midsize businesses. It offers a full-service experience with convenient online features, making banking easier and more accessible for its customers.

Industry:
Fintech
Subindustry:
Online Banking

City Rank (Sao Paulo)

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National Rank (Brazil)

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Global Rank (WorldWide)

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SB Score:673

Nuvemshop provides entrepreneurs and SMBs with the tools to set up, manage, and promote their online businesses easily from any device. With the suite of tools around payments, shipping, inventory management, and marketing provided by the company, owners are enabled to participate in the e-commerce market, ramp up their sales, reduce costs, and provide their end customers with a shopping experience. In 2011, co-founders Alejandro Alfonso, Santiago Sosa, Jose Abuchaem, Martin Palombo, and Alejandro Vazquez established Nuvemshop in 2011.

Industry:
Hardware & IoT
Subindustry:
Hardware

City Rank (Sao Paulo)

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National Rank (Brazil)

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Global Rank (WorldWide)

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SB Score:585

Wildlife Studios, founded in Brazil in 2011, is a top 10 global mobile gaming company. With a truly global presence, the studio has become a leader in the industry.

Industry:
Social & Leisure
Subindustry:
Edtech

City Rank (Sao Paulo)

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National Rank (Brazil)

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SB Score:671

Ualá is a mobile app from Argentina for personal financial management, enabling users to easily conduct transactions.

Industry:
Fintech
Subindustry:
Fintech-Other

City Rank (Buenos Aires)

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National Rank (Argentina)

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Global Rank (WorldWide)

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SB Score:597

Unico, an IDTech startup, streamlines digital identity verification for seamless interactions between individuals and businesses. Simplifying the process, Unico enhances security and efficiency in personal data management.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Sao Paulo)

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National Rank (Brazil)

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Global Rank (WorldWide)

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SB Score:511

Introducing a cutting-edge merchant acquirer, revolutionizing payment processing for businesses. Simplify transactions, optimize revenue, and enhance customer experience with our innovative platform. Join the future of payments with seamless integration and advanced analytics.

Industry:
Fintech
Subindustry:
Payments

City Rank (Sao Paulo)

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National Rank (Brazil)

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SB Score:694

Loggi is connecting Brazil, using technology to reinvent logistics with a fast, cost-efficient, and reliable network. It serves major e-commerce players, SMBs and individuals on their shipping needs. Loggi is unlocking the growth of the on-demand economy, supporting new commerce for Brazil’s large, young, urban population. The company was founded in 2013 and is based in São Paulo, Brazil.

Industry:
Hardware & IoT
Subindustry:
Internet of Everything

City Rank (Sao Paulo)

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National Rank (Brazil)

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SB Score:173

Brazil's premier fintech platform specializes in providing secured loans. Offering a secure and efficient way for users to access funding, the platform is the largest of its kind in the country.

Industry:
Fintech
Subindustry:
Fintech-Other

City Rank (Sao Paulo)

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National Rank (Brazil)

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Global Rank (WorldWide)

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Total amount:25

Top Hiring Unicorns in South America by Employee Number

The top three hiring unicorns in South America have an average employee size that is smaller than to the global average. Among these, the Transportation industry features the unicorn with the largest workforce.
SB Score:753

QuintoAndar is a platform that simplifies the rental of residential real estate for landlords and renters. With QuintoAndar, customers can work with a top-notch team that uses the best practices and best tools, be part of a high-impact project that will affect many people's lives, have autonomy to make decisions with no endless meetings, and work in an informal environment and horizontal hierarchy. Founded in February 2013 by Gabriel Braga and Andre Penha, it is headquartered in São Paulo in Brazil.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (Sao Paulo)

0

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National Rank (Brazil)

0

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Global Rank (WorldWide)

0

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SB Score:750

iFood dominates food delivery in Latin America, providing a wide range of restaurant options and quick delivery service right to your door.

Industry:
Transportation
Subindustry:
Logistics

City Rank (Sao Paulo)

0

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National Rank (Brazil)

0

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Global Rank (WorldWide)

0

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SB Score:711

MadeiraMadeira revolutionizes the online construction material market, providing a wide range of products for all finishing needs. As a pioneer in e-commerce, they lead the way in simplifying the buying process for customers looking for quality materials.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (Curitiba)

0

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National Rank (Brazil)

0

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Global Rank (WorldWide)

0

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SB Score:694

Loggi is connecting Brazil, using technology to reinvent logistics with a fast, cost-efficient, and reliable network. It serves major e-commerce players, SMBs and individuals on their shipping needs. Loggi is unlocking the growth of the on-demand economy, supporting new commerce for Brazil’s large, young, urban population. The company was founded in 2013 and is based in São Paulo, Brazil.

Industry:
Hardware & IoT
Subindustry:
Internet of Everything

City Rank (Sao Paulo)

0

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National Rank (Brazil)

0

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Global Rank (WorldWide)

0

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Total amount:25

Best Countries for Startups

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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Global RankCountryTotal Score

Access subscores for 1000 cities and 100 countries

Quantity Score
Quality ScoreBusiness Score
1st
0
United States
215.001
00.00
00.00
00.00
2nd
0
United Kingdom
55.995
00.00
00.00
00.00
3rd
0
Israel
51.557
00.00
00.00
00.00
4th
0
Canada
38.254
00.00
00.00
00.00
5th
+
1
Singapore
37.736
00.00
00.00
00.00
6th
-
1
Sweden
27.024
00.00
00.00
00.00
7th
0
Germany
25.830
00.00
00.00
00.00
8th
0
France
24.894
00.00
00.00
00.00
9th
+
1
The Netherlands
24.462
00.00
00.00
00.00
10th
+
1
Switzerland
24.081
00.00
00.00
00.00
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