Tracxn - Top Business Models - Latam Tech - Jan 2022
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The Tracxn report outlines the top funded business models in the LATAM tech sector over the past year, highlighting significant investments in online used cars dealers, digital native banks, and e-commerce storefronts. Key funding details include major rounds for Nubank and Kavak, along with geographic distribution of funding predominantly in São Paulo. Overall, the report indicates a surge in funding for various tech-driven businesses across the region.
Tracxn - Top Business Models - Latam Tech - Jan 2022
- 1. TRACXN TOP BUSINESS MODELS REPORT January 17, 2022 LATAM TECH
- 2. Latam Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Contents LatamLatam Tech Funding - Overview 3 Top Funded Business Models 4 One pagers 9 Appendix 59 2
- 3. Latam Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Funding in last 1 year 3 Payments $2.0B Banking Tech $1.8B Auto E-Commerce & Content $1.2B Residential Real Estate Tech $999M Disease Self Management $524M Cryptocurrencies $511M Y-o-Y Funding Top Investors by Funding Rounds Seed Stage Y Combinator FJ Labs Magma Partners 50 8 6 Early Stage Kaszek Ventures Monashees FJ Labs 15 15 14 Late Stage Tiger Global Management Kaszek Ventures Monashees 8 8 7 Funding by Geography Top Feeds by $ Funding Top Funding Rounds $ Funding # Rounds Nubank (2013, ) $750M - Series G Kavak (2016, ) $700M - Series E Wecancer (2015, ) $521M - Series D Rappi (2015, ) $500M - Series F Tiendanube (2010, ) $500M - Series E Nuvemshop (2011, ) $500M - Series E Kavak (2016, ) $485M - Series D Loft (2018, ) $425M - Series D Nubank (2013, ) $400M - Series G EBANX (2012, ) $400M - Series C Uala (2016, ) $350M - Series D QuintoAndar (2012, ) $300M - Series E Sao Paulo (40%) Mexico City (11%) Bogota (9%) Chihuahua (8%) Buenos Aires (8%) Others (25%)
- 4. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Latam Tech - Top Funded Business Models - last 1 year (1/5) 4 Rank Business Model $ Funding # Rounds Top Funding Round Details 1▲4 Online Used Cars Dealers $1.2B 2 Kavak | $700M | Series E Link 2▲1 Digital Native Banks $1.2B 3 Nubank | $750M | Series G Link 3▲24 E-Commerce Storefronts $591M 4 Tiendanube | $500M | Series E Link 4▲137 iBuying Platforms $545M 3 Loft | $425M | Series D Link 5-- Cancer Detecting App $521M 1 Wecancer | $521M | Series D Link 6▼4 B2C Hyperlocal Delivery $511M 3 Rappi | $500M | Series F Link 7▲33 Group Buying Platforms $489M 4 Facily | $250M | Series D Link 8▲10 Cryptocurrency Trading Platforms $488M 3 Bitso | $250M | Series C Link 9▲58 Internet First Residential Real Estate Brokers $441M 3 QuintoAndar | $300M | Series E Link 10-- Business Payments Solutions $400M 1 EBANX | $400M | Series C Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
- 5. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Latam Tech - Top Funded Business Models - last 1 year (2/5) 5 Rank Business Model $ Funding # Rounds Top Funding Round Details 11-- Internet First NFC Prepaid Cards $350M 1 Uala | $350M | Series D Link 12-- E-Commerce Rollups $345M 5 Merama | $225M | Series B Link 13-- Merchant Acquirer Companies $340M 2 CloudWalk | $190M | Series B Link 14▲30 B2B Building Materials Marketplaces $314M 3 TüL | $181M | Series B Link 15▲61 Internet First Business Loans $272M 5 Konfío | $125M | Series E Link 16-- Blockchain in Financial Services $250M 2 2TM | $200M | Series B Link 17-- POS Payment Terminals $250M 1 Clip | $250M | Series D Link 18▼7 Plant Based Seafood Substitutes $246M 2 NotCo | $236M | Series D Link 19-- Employee Insurance Benefits Administration $235M 2 Konfío | $125M | Series E Link 20▲73 Financial Benefits $235M 4 Konfío | $125M | Series E Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
- 6. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Latam Tech - Top Funded Business Models - last 1 year (3/5) 6 Rank Business Model $ Funding # Rounds Top Funding Round Details 21-- Accounts Receivables Payment Solutions $235M 2 Konfío | $125M | Series E Link 22▲2 Internet First Point of Sale Financing $210M 6 Addi | $80.0M | Series C Link 23▼3 Online Pet Products Retailers $210M 3 Pet Love | $150M | Series C Link 24▼5 Marketplaces Software Suite $209M 2 Olist | $186M | Series E Link 25-- Hyperlocal Delivery $205M 4 Rappi | $500M | Series F Link 26-- B2B Farm Produce Marketplaces $163M 3 Frubana | $94.1M | Series C Link 27▼14 KYC for Financial Institutions $161M 2 Unico | $121M | Series C Link 28-- B2B Fruits and Vegetables Marketplace $159M 2 Frubana | $94.1M | Series C Link 29▲13 Internet First Credit Cards $158M 2 Stori | $125M | Series C Link 30-- Internet First Banks for Businesses with Partner Bank's License $143M 2 Cora | $116M | Series B Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
- 7. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Latam Tech - Top Funded Business Models - last 1 year (4/5) 7 Rank Business Model $ Funding # Rounds Top Funding Round Details 31-- Bus Aggregators $138M 1 Buser | $138M | Series C Link 32-- Online Shuttle Aggregators $138M 1 Buser | $138M | Series C Link 33-- Financial Planning & Analysis Software $125M 2 isaac | $125M | Series B Link 34▼22 Physiological Biometrics $121M 1 Unico | $121M | Series C Link 35▼31 Facial Biometric Systems $121M 1 Unico | $121M | Series C Link 36▼22 Facial Recognition $121M 1 Unico | $121M | Series C Link 37-- Online Agriculture Payments $120M 1 Ectare | $120M | Series D Link 38-- Loan Life Cycle Management $115M 2 Open Co | $115M | Series D Link 39-- ERP for SMBs $112M 1 Omie | $112M | Series C Link 40-- CRM for SMB $112M 1 Omie | $112M | Series C Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
- 8. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Latam Tech - Top Funded Business Models - last 1 year (5/5) 8 Rank Business Model $ Funding # Rounds Top Funding Round Details 41-- Banking Software Suite $108M 1 Pismo | $108M | Series B Link 42▲56 Internet First Personal Loans $105M 3 Kueski | $102M | Series C Link 43-- Station Based Intercity Car Rentals $104M 1 Kovi | $104M | Series B Link 44-- Internet First Corporate Credit Card Issuers $104M 3 Clara | $70.0M | Series B Link 45-- Online Test Preparation Tutoring $84.5M 1 Descomplica | $84.5M | Series E Link 46-- Online K-12 Academic Courses $84.5M 1 Descomplica | $84.5M | Series E Link 47▼14 Open Banking API Providers $80.7M 6 QI Tech | $50.0M | Series A Link 48▲96 Card Linked Digital Wallets $80.0M 3 RecargaPay | $70.0M | Series C Link 49▼28 Station Based Electric Bike Rentals $80.0M 1 Tembici | $80.0M | Series C Link 50▼28 Bicycle Rentals Software $80.0M 1 Tembici | $80.0M | Series C Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
- 9. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Online Used Cars Dealers - Latam 01 9 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $1.2B (▲426%) 2(▼33.3%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $1.4B 2 - 2 1 Auto E-Commerce & Content (Coru) (# Cos: 301 | $1.6B) Second Hand Vehicles (InstaCarro) (# Cos: 76 | $1.5B) Cars (Volanty) (# Cos: 47 | $1.5B) Online Dealer (Kavak) (# Cos: 2 | $1.4B) Kavak (2016, $1.4B) Checkars (2018, $125K) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Kavak (2016) $700M - Series E - Sep 2021 Kavak (2016) $485M - Series D - Apr 2021
- 10. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Digital Native Banks - Latam 02 10 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $1.2B (▲286%) 3(▲200%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $2.3B 3 1 11 1 Banking Tech (Fondeadora) (# Cos: 315 | $3.6B) Internet First Banks (Neon) (# Cos: 141 | $3.2B) Digital Native Banks (Conta Simples) (# Cos: 32 | $2.4B) Diversified (Nubank) (# Cos: 11 | $2.3B) Nubank (2013, $2.3B) FV Bank (2019, $8.0M) Banco BS2 Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Nubank (2013) $750M - Series G - Jun 2021 Nubank (2013) $400M - Series G - Jan 2021 FV Bank (2019) $8.0M - Series A - Aug 2021
- 11. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Tiendanube (2010) $500M - Series E - Aug 2021 Tiendanube (2010) $89.0M - Series D - Mar 2021 Sumer (2021) $2.0M - Seed - Dec 2021 Cococart (2020) $125K - Seed - Sep 2021 E-Commerce Storefronts - Latam 03 11 Back to index E-Commerce Enablers (Nuvemshop) (# Cos: 318 | $2.2B) Storefronts (HANZO) (# Cos: 82 | $634M) Diversified (Tiendanube) (# Cos: 60 | $632M) Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $591M (▲1870%) 4(▲300%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $632M 15 - 60 2 Tiendanube (2010, $627M) HANZO Loja Integrada Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 12. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds iBuying Platforms - Latam 04 12 Back to index Residential Real Estate Tech (QuintoAndar) (# Cos: 148 | $1.7B) Online Resellers (Loft) (# Cos: 2 | $823M) Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $545M (▲ >10K%) 3(▲200%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $823M 2 - 2 2 Loft (2018, $798M) Flat (2019, $24.9M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Loft (2018) $425M - Series D - Mar 2021 Loft (2018) $100M - Series D - Apr 2021 Flat (2019) $20.0M - Series A - Sep 2021
- 13. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Wecancer (2015) $521M - Series D - Feb 2021 Cancer Detecting App - Latam 05 13 Back to index Disease Self Management (Hand Talk) (# Cos: 245 | $533M) Monitoring (Tummi) (# Cos: 2 | $521M) App (Wecancer) (# Cos: 2 | $521M) Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $521M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $521M 1 - 2 1 Wecancer (2015, $521M) Tummi Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 14. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds B2C Hyperlocal Delivery - Latam 06 14 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $511M (▲70.3%) 3( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 3 $2.9B 18 - 112 4 Logistics Tech (99minutos.com) (# Cos: 1232 | $4.0B) Parcel (Rappi) (# Cos: 421 | $3.4B) Hyperlocal Delivery (Loggi) (# Cos: 227 | $3.4B) B2C (iFood) (# Cos: 112 | $2.9B) iFood (2011, $587M) Rappi (2015, $2.3B) Cargamos.com (2018, $11.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Rappi (2015) $500M - Series F - Jul 2021 Cargamos.com (2018) $7.0M - Seed - Sep 2021 Cargamos.com (2018) $4.0M - Series A - Jan 2021
- 15. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Facily (2018) $250M - Series D - Nov 2021 Facily (2018) $135M - Series D - Dec 2021 Facily (2018) $63.0M - Series C - Jun 2021 Facily (2018) $41.0M - Series B - Apr 2021 Group Buying Platforms - Latam 07 15 Back to index Social Commerce (Renova Tu Vestidor) (# Cos: 37 | $514M) Group Buying (Pigit) (# Cos: 4 | $501M) Diversified (Facily) (# Cos: 4 | $501M) Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $489M (▲3975%) 4(▲300%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $501M 3 - 4 1 Facily (2018, $501M) Pigit BuyOnSocial (2011, $296K) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 16. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Cryptocurrency Trading Platforms - Latam 08 16 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $488M (▲687%) 3(▲200%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $569M 5 - 49 2 Cryptocurrencies (Cion Digital) (# Cos: 629 | $604M) Financial Services (Ripio protocol) (# Cos: 443 | $604M) Investment Industry (Volabit) (# Cos: 333 | $581M) Online Trading Platforms (Mercado Bitcoin) (# Cos: 95 | $577M) Regular Trading (Bitso) (# Cos: 49 | $569M) Bitso (2014, $331M) Mercado Bitcoin (2013, $238M) Volabit (2014, $250K) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Bitso (2014) $250M - Series C - May 2021 Mercado Bitcoin (2013) $200M - Series B - Jul 2021 Mercado Bitcoin (2013) $37.6M - Series A - Jan 2021
- 17. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Internet First Residential Real Estate Brokers - Latam 09 17 Back to index Residential Real Estate Tech (Loft) (# Cos: 148 | $1.7B) Online Brokers (QuintoAndar) (# Cos: 11 | $781M) Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $441M (▲ >10K%) 3(▲200%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $781M 5 - 11 2 QuintoAndar (2012, $755M) EmCasa (2017, $24.6M) Tu Canton (2013, $1.2M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. QuintoAndar (2012) $300M - Series E - May 2021 QuintoAndar (2012) $120M - Series E - Aug 2021 EmCasa (2017) $21.0M - Series B - Jul 2021
- 18. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds EBANX (2012) $400M - Series C - Jun 2021 Business Payments Solutions - Latam 10 18 Back to index Payments (Stori) (# Cos: 678 | $3.1B) Business Payments (Konfío) (# Cos: 321 | $1.3B) Diversified (EBANX) (# Cos: 36 | $436M) Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $400M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $436M 10 - 36 1 EBANX (2012, $430M) Sr. Pago (2010, $5.0M) Culqi (2013, $500K) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 19. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Internet First NFC Prepaid Cards - Latam 11 19 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $350M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $589M 2 1 8 1 Payments (EBANX) (# Cos: 678 | $3.1B) Consumer Payments (RecargaPay) (# Cos: 311 | $1.1B) Payment Cards (Stori) (# Cos: 111 | $911M) Prepaid Cards (Mozper) (# Cos: 84 | $640M) General Purpose (Pagseguro) (# Cos: 48 | $596M) Reloadable (Sí Vale Mexico) (# Cos: 47 | $596M) NFC (Uala) (# Cos: 8 | $589M) Uala (2016, $544M) Pagseguro Bitwallet (2001, $45.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Uala (2016) $350M - Series D - Aug 2021
- 20. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds E-Commerce Rollups - Latam 12 20 Back to index Brands Tech (Algramo) (# Cos: 12 | $455M) Tech First Ecommerce Brand Acquirers (Merama) (# Cos: 3 | $445M) Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $345M ( -- ) 5( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $445M 3 - 3 3 Merama (2020, $345M) Valoreo (2020, $80.0M) Wonder Brands (2020, $20.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Merama (2020) $225M - Series B - Sep 2021 Merama (2020) $60.0M - Series B - Dec 2021 Merama (2020) $60.0M - Series A - Apr 2021 Valoreo (2020) $50.0M - Seed - Feb 2021 Valoreo (2020) $30.0M - Series A - Jul 2021
- 21. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Merchant Acquirer Companies - Latam 13 21 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $340M ( -- ) 2( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $365M 1 - 1 1 Payments (Stori) (# Cos: 678 | $3.1B) Enablers (Cielo) (# Cos: 46 | $645M) White Label Solutions (Zoop) (# Cos: 13 | $428M) Merchant Acquirers (CloudWalk) (# Cos: 1 | $365M) CloudWalk (2013, $365M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. CloudWalk (2013) $190M - Series B - May 2021 CloudWalk (2013) $150M - Series C - Nov 2021
- 22. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds B2B Building Materials Marketplaces - Latam 14 22 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $314M (▲3193%) 3(▼25%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $324M 5 - 15 2 B2B E-Commerce (Frubana) (# Cos: 191 | $644M) Home Construction & Improvement (Tul) (# Cos: 22 | $324M) Building Supplies (CAPP) (# Cos: 21 | $324M) Diversified (Oico) (# Cos: 21 | $324M) Marketplace (TüL) (# Cos: 15 | $324M) TüL (2019, $210M) Oico (2019, $1.6M) CAPP Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. TüL (2019) $181M - Series B - Jan 2022 Tul (2020) $112M - Series D - Jan 2022 TüL (2019) $20.3M - Series A - Feb 2021
- 23. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Internet First Business Loans - Latam 15 23 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $272M (▲ >10K%) 5(▲400%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $580M 6 - 11 4 Alternative Lending (Stori) (# Cos: 495 | $2.4B) Online Lenders (Creditas) (# Cos: 402 | $2.3B) Business Loans (BizCapital) (# Cos: 99 | $869M) Diversified (Konfío) (# Cos: 26 | $608M) Direct Lender (Credijusto) (# Cos: 11 | $580M) Credijusto (2014, $42.0M) Konfío (2014, $378M) Xepelin (2019, $36.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Konfío (2014) $125M - Series E - Jun 2021 Konfío (2014) $110M - Series E - Sep 2021 Xepelin (2019) $30.0M - Series A - Jul 2021 KREDITO (2019) $4.0M - Seed - May 2021 Finaktiva (2016) $3.0M - Seed - Jul 2021
- 24. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds 2TM (2013) $200M - Series B - Jul 2021 2TM (2013) $50.3M - Series B - Nov 2021 Blockchain in Financial Services - Latam 16 24 Back to index Blockchain Infrastructure (Ethereum Classic) (# Cos: 42 | $254M) Blockchain Network (RSK Labs) (# Cos: 12 | $254M) Finance (2TM) (# Cos: 4 | $250M) Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $250M ( -- ) 2( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $250M 2 - 4 1 2TM (2013, $250M) Ethereum Classic Minerri Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 25. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds POS Payment Terminals - Latam 17 25 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $250M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 3 $396M 10 1 68 1 Payments (Stori) (# Cos: 678 | $3.1B) Business Payments (EBANX) (# Cos: 321 | $1.3B) POS Payments (Getnet) (# Cos: 87 | $396M) POS Payment Terminal (Clip) (# Cos: 68 | $396M) Clip (2012, $396M) Getnet Billpocket (2011, $125K) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Clip (2012) $250M - Series D - Jun 2021
- 26. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Plant Based Seafood Substitutes - Latam 18 26 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $246M (▲109%) 2( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $396M 2 - 2 1 Food Tech (iFood) (# Cos: 469 | $1.3B) Novel Foods (Kernel) (# Cos: 17 | $501M) Food Products (Fazenda Futuro) (# Cos: 13 | $501M) Dairy Substitute (Bifidice) (# Cos: 3 | $396M) Plant Based (NotCo) (# Cos: 2 | $396M) NotCo (2015, $396M) NoMoo Plant-Based Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. NotCo (2015) $236M - Series D - Jul 2021 NotCo (2015) $10.0M - Series C - Jun 2021
- 27. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Employee Insurance Benefits Administration - Latam 19 27 Back to index Employer Insurance (Bamba) (# Cos: 3 | $378M) Benefits Administration (Konfío) (# Cos: 2 | $378M) Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $235M ( -- ) 2( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $378M 1 - 2 1 Konfío (2014, $378M) Koala Benefits Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Konfío (2014) $125M - Series E - Jun 2021 Konfío (2014) $110M - Series E - Sep 2021
- 28. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Konfío (2014) $125M - Series E - Jun 2021 Konfío (2014) $110M - Series E - Sep 2021 minu (2019) $11.5M - Series A - Mar 2021 Solvento (2017) $4.5M - Series A - Dec 2021 Financial Benefits - Latam 20 28 Back to index HRTech (LG place of people) (# Cos: 676 | $703M) Employee Benefits (minu) (# Cos: 70 | $553M) Financial Benefits (Konfío) (# Cos: 29 | $444M) Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $235M (▲ >10K%) 4(▲300%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $444M 10 - 29 4 Konfío (2014, $378M) minu (2019, $20.0M) Xerpa (2015, $33.9M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 29. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Accounts Receivables Payment Solutions - Latam 21 29 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $235M ( -- ) 2( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $379M 6 - 17 1 Payments (Stori) (# Cos: 678 | $3.1B) Business Payments (EBANX) (# Cos: 321 | $1.3B) Mass Payouts (PagueVeloz) (# Cos: 23 | $379M) Invoice Payments (Duemint) (# Cos: 23 | $379M) Accounts Receivables (Konfío) (# Cos: 17 | $379M) Konfío (2014, $378M) Duemint PagueVeloz Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Konfío (2014) $125M - Series E - Jun 2021 Konfío (2014) $110M - Series E - Sep 2021
- 30. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Internet First Point of Sale Financing - Latam 22 30 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $210M (▲501%) 6(▲500%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $265M 6 - 19 3 Alternative Lending (Guiabolso) (# Cos: 495 | $2.4B) Online Lenders (Stori) (# Cos: 402 | $2.3B) Consumer Loans (Creditas) (# Cos: 259 | $1.3B) Point of Sale Financing (Koin) (# Cos: 31 | $271M) Direct Lender (Addi) (# Cos: 19 | $265M) Addi (2018, $203M) Nelo (2019, $25.6M) Aplazo (2020, $35.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Addi (2018) $80.0M - Series C - Dec 2021 Addi (2018) $75.0M - Series B - Sep 2021 Aplazo (2020) $27.0M - Series A - Nov 2021 Nelo (2019) $20.0M - Series A - Oct 2021 Aplazo (2020) $5.3M - Seed - Jun 2021 Nelo (2019) $3.0M - Seed - Apr 2021
- 31. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Online Pet Products Retailers - Latam 23 31 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $210M (▲296%) 3( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $292M 6 - 36 0 Pet Tech (DogHero) (# Cos: 167 | $309M) Pet Supplies Ecommerce (Club Guaf) (# Cos: 49 | $292M) Horizontal (Petsy) (# Cos: 43 | $292M) Retailer (Petz) (# Cos: 39 | $292M) Cats and Dogs (Laika) (# Cos: 36 | $292M) B2C (Pet Love) (# Cos: 36 | $292M) Pet Love (1999, $226M) Laika (2017, $65.2M) Petz Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Pet Love (1999) $150M - Series C - Aug 2021 Laika (2017) $48.0M - Series B - Jan 2022 Laika (2017) $12.0M - Series A - Jun 2021
- 32. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Olist (2015) $186M - Series E - Dec 2021 Olist (2015) $23.0M - Series D - Apr 2021 Marketplaces Software Suite - Latam 24 32 Back to index E-Commerce Enablers (Hotmart) (# Cos: 318 | $2.2B) Ecommerce Software Suite (Nuvemshop) (# Cos: 79 | $1.1B) Marketplaces (Olist) (# Cos: 14 | $320M) Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $209M (▲259%) 2(▲100%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $320M 7 - 14 1 Olist (2015, $314M) Brasil/CT Zoco (2015, $300K) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 33. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Rappi (2015) $500M - Series F - Jul 2021 Loggi (2013) $205M - Series D - Mar 2021 Cargamos.com (2018) $7.0M - Seed - Sep 2021 Cargamos.com (2018) $4.0M - Series A - Jan 2021 Hyperlocal Delivery - Latam 25 33 Back to index Logistics Tech (Rappi) (# Cos: 1232 | $4.0B) Parcel (Loggi) (# Cos: 421 | $3.4B) Hyperlocal Delivery (iFood) (# Cos: 227 | $3.4B) Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $205M ( -- ) 4( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 3 $3.4B 28 - 227 5 iFood (2011, $587M) Loggi (2013, $486M) Rappi (2015, $2.3B) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 34. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds B2B Farm Produce Marketplaces - Latam 26 34 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $163M ( -- ) 3( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $198M 5 - 14 2 B2B E-Commerce (Gro Direto) (# Cos: 191 | $644M) Food & Beverages (Clubbi) (# Cos: 28 | $213M) Groceries (Mayoreo Total) (# Cos: 28 | $213M) Farm Products (Cayena) (# Cos: 22 | $208M) Marketplace (Frubana) (# Cos: 14 | $198M) Frubana (2018, $194M) Cayena (2004, $4.0M) Cultivando Futuro Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Frubana (2018) $94.1M - Series C - Nov 2021 Frubana (2018) $65.0M - Series B - Jun 2021 Cayena (2004) $3.5M - Series A - Sep 2021
- 35. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds KYC for Financial Institutions - Latam 27 35 Back to index RegTech (41st Parameter) (# Cos: 42 | $344M) KYC (idwall) (# Cos: 17 | $291M) Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $161M (▲37.6%) 2( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $291M 5 - 17 2 idwall (2016, $53.9M) Unico (2007, $237M) CPqD Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Unico (2007) $121M - Series C - Aug 2021 idwall (2016) $40.1M - Series C - Jun 2021
- 36. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds B2B Fruits and Vegetables Marketplace - Latam 28 36 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $159M ( -- ) 2( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $194M 3 - 10 1 Online Grocery (Merqueo) (# Cos: 327 | $607M) B2B Ecommerce (Mayoreo Total) (# Cos: 38 | $213M) Farm Produce (Gro Direto) (# Cos: 26 | $195M) Fruits and Vegetables (Cultivando Futuro) (# Cos: 11 | $194M) Marketplace (Frubana) (# Cos: 10 | $194M) Frubana (2018, $194M) Cultivando Futuro Agree Market (2017, $100K) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Frubana (2018) $94.1M - Series C - Nov 2021 Frubana (2018) $65.0M - Series B - Jun 2021
- 37. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Internet First Credit Cards - Latam 29 37 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $158M (▲1475%) 2(▲100%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $168M 4 - 24 1 Payments (EBANX) (# Cos: 678 | $3.1B) Consumer Payments (RecargaPay) (# Cos: 311 | $1.1B) Payment Cards (Uala) (# Cos: 111 | $911M) Credit Cards (Clara) (# Cos: 27 | $271M) General Purpose (Stori) (# Cos: 24 | $168M) Stori (2019, $168M) Digio Nu Mexico Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Stori (2019) $125M - Series C - Nov 2021 Stori (2019) $32.5M - Series B - Feb 2021
- 38. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Internet First Banks for Businesses with Partner Bank's License - Latam 30 38 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $143M ( -- ) 2( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $153M 2 - 17 1 Banking Tech (Fondeadora) (# Cos: 315 | $3.6B) Internet First Banks (Nubank) (# Cos: 141 | $3.2B) Through Bank Partnerships (Neon) (# Cos: 105 | $863M) Business Banking (Cora) (# Cos: 17 | $153M) Cora (2019, $153M) Eagle Bank Digital PJBank Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Cora (2019) $116M - Series B - Aug 2021 Cora (2019) $26.7M - Series A - Apr 2021
- 39. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Bus Aggregators - Latam 31 39 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $138M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $138M 1 - 2 1 Online Travel (Hurb) (# Cos: 574 | $492M) Transportation (Kovi) (# Cos: 107 | $303M) Bus (ClickBus) (# Cos: 26 | $149M) Aggregator (Buser) (# Cos: 2 | $138M) Buser (2017, $138M) Encar Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Buser (2017) $138M - Series C - Jun 2021
- 40. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Online Shuttle Aggregators - Latam 32 40 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $138M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $148M 3 - 10 2 Road Transport Tech (Easy Taxi) (# Cos: 966 | $1.3B) Mass Transit (ClickBus) (# Cos: 116 | $169M) Shuttle (Buser) (# Cos: 19 | $148M) Aggregator (Urbvan) (# Cos: 10 | $148M) Urbvan (2016, $9.9M) Buser (2017, $138M) Bussi Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Buser (2017) $138M - Series C - Jun 2021
- 41. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds isaac (2020) $125M - Series B - Nov 2021 Chipax (2016) $125K - Seed - Sep 2021 Financial Planning & Analysis Software - Latam 33 41 Back to index Finance & Accounting Tech (Sidetrade) (# Cos: 554 | $359M) Financial Planning & Analysis (Accountfy) (# Cos: 54 | $136M) Suite (Chipax) (# Cos: 19 | $125M) Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $125M ( -- ) 2( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $125M 6 - 19 1 Chipax (2016, $125K) isaac (2020, $125M) InterFuerza Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 42. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Physiological Biometrics - Latam 34 42 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $121M (▲3.2%) 1(▼50%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $237M 3 - 9 1 Cybersecurity (PSafe) (# Cos: 305 | $758M) IAM (Auth0) (# Cos: 55 | $645M) Biometrics (BigData) (# Cos: 13 | $237M) Physiological (Unico) (# Cos: 9 | $237M) Unico (2007, $237M) BigData Qondado Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Unico (2007) $121M - Series C - Aug 2021
- 43. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Facial Biometric Systems - Latam 35 43 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $121M (▼48.4%) 1(▼75%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $354M 5 - 14 2 Security & Surveillance Technology (CityCop) (# Cos: 318 | $369M) PIAM (Inngresa) (# Cos: 58 | $355M) Biometrics System (Unico) (# Cos: 26 | $355M) Facial Biometrics (Acesso) (# Cos: 14 | $354M) Acesso (2007, $117M) Unico (2007, $237M) BigData Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Unico (2007) $121M - Series C - Aug 2021
- 44. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Facial Recognition - Latam 36 44 Back to index Image Recognition (Unico) (# Cos: 19 | $359M) Facial Recognition (Acesso) (# Cos: 10 | $354M) Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $121M (▲3.2%) 1(▼75%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $354M 4 - 10 2 Acesso (2007, $117M) Unico (2007, $237M) BiometryCloud (2012, $40.0K) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Unico (2007) $121M - Series C - Aug 2021
- 45. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Ectare (2017) $120M - Series D - Sep 2021 Online Agriculture Payments - Latam 37 45 Back to index Crop Tech (Agrosmart) (# Cos: 573 | $564M) Finance (Agryo) (# Cos: 17 | $125M) Payments (Ectare) (# Cos: 3 | $120M) Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $120M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $120M 2 - 3 1 Ectare (2017, $120M) Pago Rural Agrocoin Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 46. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Open Co (2021) $115M - Series D - Dec 2021 Verde (2021) $125K - Seed - Sep 2021 Loan Life Cycle Management - Latam 38 46 Back to index Banking Tech (Nubank) (# Cos: 315 | $3.6B) Loan Life Cycle Management (Destácame) (# Cos: 47 | $119M) Suite (Open Co) (# Cos: 14 | $115M) Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $115M ( -- ) 2( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $115M 3 - 14 0 Open Co (2021, $115M) Zinobe PrestamosCloud Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 47. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Omie (2013) $112M - Series C - Aug 2021 ERP for SMBs - Latam 39 47 Back to index ERP (Superlogica) (# Cos: 666 | $224M) Multi-Industry (TOTVS) (# Cos: 347 | $138M) SMB-Focused (Omie) (# Cos: 175 | $138M) Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $112M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 4 $138M 14 - 175 1 Omie (2013, $138M) Bind MarketUP Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 48. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Omie (2013) $112M - Series C - Aug 2021 CRM for SMB - Latam 40 48 Back to index Sales Force Automation (Sirena) (# Cos: 309 | $263M) CRM (RD Station) (# Cos: 151 | $245M) SMB Suite (Omie) (# Cos: 47 | $141M) Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $112M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $141M 4 - 47 1 Omie (2013, $138M) Sirena (2016, $3.0M) Apptonomy Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 49. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Banking Software Suite - Latam 41 49 Back to index Banking Tech (Nubank) (# Cos: 315 | $3.6B) Banking Software Suite (Pismo) (# Cos: 22 | $109M) Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $108M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $109M 5 - 22 1 Pismo (2016, $109M) Modyo Sinqia Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Pismo (2016) $108M - Series B - Oct 2021
- 50. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Internet First Personal Loans - Latam 42 50 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $105M (▲7954%) 3(▲50%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $118M 7 - 31 1 Alternative Lending (Addi) (# Cos: 495 | $2.4B) Online Lenders (Stori) (# Cos: 402 | $2.3B) Consumer Loans (Creditas) (# Cos: 259 | $1.3B) Personal Loans (Kubo.financiero) (# Cos: 79 | $162M) Direct Lender (Kueski) (# Cos: 31 | $118M) Kueski (2012, $114M) Baubap (2018, $3.1M) Simplic Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Kueski (2012) $102M - Series C - Dec 2021 Baubap (2018) $3.0M - Seed - Mar 2021 Baubap (2018) $125K - Seed - Jul 2021
- 51. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Station Based Intercity Car Rentals - Latam 43 51 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $104M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $148M 5 - 21 1 Online Travel (Hurb) (# Cos: 574 | $492M) Transportation (Flapper) (# Cos: 107 | $303M) Car (Zazcar) (# Cos: 47 | $148M) Rental (Carengo) (# Cos: 44 | $148M) Own Fleet (Awto) (# Cos: 23 | $148M) Station Based (Kovi) (# Cos: 21 | $148M) Kovi (2018, $145M) Awto Zazcar (2009, $2.3M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Kovi (2018) $104M - Series B - Aug 2021
- 52. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Internet First Corporate Credit Card Issuers - Latam 44 52 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $104M ( -- ) 3( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $104M 1 - 3 1 Payments (EBANX) (# Cos: 678 | $3.1B) Consumer Payments (RecargaPay) (# Cos: 311 | $1.1B) Payment Cards (Uala) (# Cos: 111 | $911M) Credit Cards (Stori) (# Cos: 27 | $271M) Corporate Cards (Clara) (# Cos: 3 | $104M) Clara (2019, $104M) Lendix Visa Business Credit C.. Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Clara (2019) $70.0M - Series B - Dec 2021 Clara (2019) $30.0M - Series A - May 2021 Clara (2019) $3.5M - Seed - Mar 2021
- 53. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Online Test Preparation Tutoring - Latam 45 53 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $84.5M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $115M 1 - 1 1 Test Preparation Tech (Mision Admision) (# Cos: 60 | $115M) Digital Learning (AppProva) (# Cos: 58 | $115M) Diversified (Kultivi) (# Cos: 9 | $115M) Instructor-Led (Descomplica) (# Cos: 1 | $115M) Descomplica (2011, $115M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Descomplica (2011) $84.5M - Series E - Feb 2021
- 54. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Online K-12 Academic Courses - Latam 46 54 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $84.5M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $115M 6 - 20 1 K-12 EdTech (Agenda Edu) (# Cos: 472 | $147M) B2C Learning Solutions (Kidint) (# Cos: 148 | $116M) School Curriculum (Qranio) (# Cos: 77 | $116M) Multi Subject (Stoodi) (# Cos: 69 | $116M) Online Courses (Descomplica) (# Cos: 20 | $115M) Descomplica (2011, $115M) Stoodi meSalva! Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Descomplica (2011) $84.5M - Series E - Feb 2021
- 55. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds QI Tech (2018) $50.0M - Series A - Nov 2021 Pomelo (2021) $45.0M - Series A - Oct 2021 SWAP (2020) $25.0M - Series A - Oct 2021 Pomelo (2021) $9.0M - Seed - May 2021 Pomelo (2021) $1.0M - Seed - Jun 2021 Fitbank (2016) $666K - Seed - Mar 2021 Open Banking API Providers - Latam 47 55 Back to index Banking Tech (Nubank) (# Cos: 315 | $3.6B) Open Banking (SWAP) (# Cos: 40 | $153M) Banking APIs (Pomelo) (# Cos: 29 | $149M) Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $80.7M (▲332%) 6(▼14.3%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $149M 16 - 29 4 Pomelo (2021, $55.0M) SWAP (2020, $28.3M) Quanto (2020, $15.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 56. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Card Linked Digital Wallets - Latam 48 56 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $80.0M (▲ >10K%) 3(▲200%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $156M 7 - 24 2 Payments (Uala) (# Cos: 678 | $3.1B) Consumer Payments (Stori) (# Cos: 311 | $1.1B) Wallets (PayIt) (# Cos: 124 | $162M) Card Linked (RecargaPay) (# Cos: 24 | $156M) RecargaPay (2010, $133M) MOVii (2002, $15.0M) Moni (2013, $7.5M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. RecargaPay (2010) $70.0M - Series C - Feb 2021 MOVii (2002) $15.0M - Series B - Oct 2021 RecargaPay (2010) $10.0M - Series C - Nov 2021
- 57. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Station Based Electric Bike Rentals - Latam 49 57 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $80.0M (▲70.2%) 1( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $127M 1 - 6 1 Electric Vehicles (Yellow) (# Cos: 121 | $276M) Vehicle as a Service (Grin Scooters) (# Cos: 33 | $274M) Bicycles (Muvo) (# Cos: 10 | $129M) Station Based (Tembici) (# Cos: 6 | $127M) Tembici (2010, $127M) Electric Bike Tours Nomad Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Tembici (2010) $80.0M - Series C - Sep 2021
- 58. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Recent Funding Rounds Bicycle Rentals Software - Latam 50 58 Back to index Taxonomy $ Invested in last 1 year in Latam Tech Key Stats # Funding Rounds in last 1 year in Latam Tech $80.0M (▲70.2%) 1( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $127M 1 - 4 1 Road Transport Tech (Easy Taxi) (# Cos: 966 | $1.3B) Self Drive Rentals (Kovi) (# Cos: 111 | $422M) Tech Enablers (InfoSistemas) (# Cos: 12 | $127M) Micromobility (Eycon) (# Cos: 5 | $127M) Bicycle (Tembici) (# Cos: 4 | $127M) Tembici (2010, $127M) Eycon S2BIKE Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Tembici (2010) $80.0M - Series C - Sep 2021
- 59. Latam Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Recent funding rounds Investment Trends Most Active Investors Top Funded Business Models Explore more on Tracxn All Tech Companies Latam Tech Companies Online Travel Companies Companies using AI in Healthcare Companies founded by Stanford GSB Alumni Soonicorn club in Fintech Analyst Picks in Latam Tech Key News in FinTech Events in United States Angel Investors in Latam Bluebox Companies Investment Activity Miscellaneous Company Detail Page of iFood Competitors of QuintoAndar Cap Table for TransferWise Financials for Ola Employee Count for Revolut Company Due Diligence Exits Public Companies Acquired Companies Most Active Acquirers Reports Delhivery - Company Report Novel Foods - Business Model Report HRTech - Feed Report FinTech - Top Business Models Report US Tech - Top Business Models Report US Tech - Monthly Report 59
- 60. Latam Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Explore other Reports on Tracxn HRTech InsurTech Food Tech Novel Foods Blockchain Network P2P Remittance Business Model Reports Consumer Digital - Latam Enterprise Tech - Latam FinTech - Latam Feed Geo Reports Company Reports Monthly Unicorn Report Unicorn Reports Transferwise Coursera BigBasket Feed Reports Top Business Models in PA FinTech Enterprise Applications Artificial Intelligence Geo Monthly Reports US Tech Europe Tech China Tech Top Business Models in Geo India Tech Israel Tech UK & Ireland Tech 60
- 61. Copyright © 2021, Tracxn Technologies Limited. All rights reserved. Latam Tech - Top Business Models Report Thank You 61 Any and all information either accessed from the website www.tracxn.com or having otherwise originated from Tracxn Technologies Limited including but not limited to the information contained herein ("Data") is the sole property of Tracxn Technologies Limited (hereinafter "Tracxn"). You shall not recirculate, distribute, transmit, publish, or sell the Data or any portion thereof in any form or by any means, either for commercial or non-commercial use, or permit any third party to use or distribute the Data or any portion thereof; to any other party, except with the prior written consent of Tracxn. You may however incorporate insubstantial portions, extracts, abstracts or summaries from the Data into analysis, presentations or tools for your customers or for your internal use, so long as Tracxn is clearly and visibly identified as the source of information. For further information please refer to our Terms of Use at www.tracxn.com