In the startup world, Argentina is known for being the crib of several tech companies that became household names in Latin America and worldwide. Some of them boomed even before the term 'unicorn' was coined. That is the case of e-commerce giant, Mercado Libre, whose market capitalization value was estimated at more than 75 billion U.S. dollars on December 1, 2020. However, not all of these successful (former) startups remain seated in their country of origin. Auth0, a software company from Argentina, now headquartered in the United States, achieved a market valuation of over 1.9 billion dollars on July 14, 2020. Since then, the startup is also considered a unicorn company.
Market value of successful tech companies founded in Argentina as of December 2020
(in billion U.S. dollars)
* Valuation as of July 14, 2020. Auth0 is a unicorn company now headquartered in Bellevue, Washington, and the only enterprise in this statistic that did not go public yet. The figure was retrieved from this release.
This statistic was assembled by Statista using data from MacroTrends, Crunchbase, and Auth0.
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Statista. (December 7, 2020). Market value of successful tech companies founded in Argentina as of December 2020 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1191820/argentina-market-value-successful-tech-companies/
Statista. "Market value of successful tech companies founded in Argentina as of December 2020 (in billion U.S. dollars)." Chart. December 7, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1191820/argentina-market-value-successful-tech-companies/
Statista. (2020). Market value of successful tech companies founded in Argentina as of December 2020 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1191820/argentina-market-value-successful-tech-companies/
Statista. "Market Value of Successful Tech Companies Founded in Argentina as of December 2020 (in Billion U.S. Dollars)." Statista, Statista Inc., 7 Dec 2020, https://www.statista.com/statistics/1191820/argentina-market-value-successful-tech-companies/
Statista, Market value of successful tech companies founded in Argentina as of December 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1191820/argentina-market-value-successful-tech-companies/ (last visited November 21, 2024)
Market value of successful tech companies founded in Argentina as of December 2020 (in billion U.S. dollars) [Graph], Statista, December 7, 2020. [Online]. Available: https://www.statista.com/statistics/1191820/argentina-market-value-successful-tech-companies/
