In 2020, most of the capital raised by Latin American technology-based startups (also called Tecnolatinas) was allotted to the fintech and e-commerce industries, capturing almost 50 percent of all investment. The logistics and distribution sector secured approximately one tenth of all total capital raised. Newer sectors including Proptech and Edtech were only able to raise less than five percent of total raised capital, each.
Distribution of the capital raised by startups in the tech industry in Latin America in 2020, by sector
Tecnolatinas refers to technology-based private companies born in Latin America and the Caribbean and owned by founders from the region. It includes companies that have raised more than one million U.S. dollars of capital and with an estimated value of six million U.S. dollars or more.
Supplementary notes
Various sources include Surfing Tsunamis, Tecnolatinas, LAVCA, Crunchbase, Pitchbook, Techcrunch, Research Reports and Media Reports.
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Inter-American Development Bank. (March 25, 2021). Distribution of the capital raised by startups in the tech industry in Latin America in 2020, by sector [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1227846/latin-america-capital-raised-startups-tech-industry-sector/
Inter-American Development Bank. "Distribution of the capital raised by startups in the tech industry in Latin America in 2020, by sector ." Chart. March 25, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1227846/latin-america-capital-raised-startups-tech-industry-sector/
Inter-American Development Bank. (2021). Distribution of the capital raised by startups in the tech industry in Latin America in 2020, by sector . Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1227846/latin-america-capital-raised-startups-tech-industry-sector/
Inter-American Development Bank. "Distribution of The Capital Raised by Startups in The Tech Industry in Latin America in 2020, by Sector ." Statista, Statista Inc., 25 Mar 2021, https://www.statista.com/statistics/1227846/latin-america-capital-raised-startups-tech-industry-sector/
Inter-American Development Bank, Distribution of the capital raised by startups in the tech industry in Latin America in 2020, by sector Statista, https://www.statista.com/statistics/1227846/latin-america-capital-raised-startups-tech-industry-sector/ (last visited December 22, 2024)
Distribution of the capital raised by startups in the tech industry in Latin America in 2020, by sector [Graph], Inter-American Development Bank, March 25, 2021. [Online]. Available: https://www.statista.com/statistics/1227846/latin-america-capital-raised-startups-tech-industry-sector/
