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.
Citation formats
Latin America: Tecnolatinas ecosystem value 2020, by geographic strategy
In 2020, Latin American technology-based companies (also called Tecnolatinas) with a regional geographic strategy were valued at over 100 billion U.S. dollars. Meanwhile, a large portion of the Tecnolatinas' ecosystem value was credited to startups focusing on the Brazilian market, which reported a market value of ** billion U.S. dollars. As of November 2020, six out of the top 10 most valuable unicorn companies in Latin America were based in Brazil.
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Inter-American Development Bank. (March 25, 2021). Market value of startups in the tech industry in Latin America in 2020, by geographic strategy (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 01, 2026, from /statistics/1227417/latin-america-market-value-startups-tech-industry-geographic-strategy/
Inter-American Development Bank. "Market value of startups in the tech industry in Latin America in 2020, by geographic strategy (in billion U.S. dollars)." Chart. March 25, 2021. ÌÇÐÄÆƽâ°æ. Accessed August 01, 2026. /statistics/1227417/latin-america-market-value-startups-tech-industry-geographic-strategy/
Inter-American Development Bank. (2021). Market value of startups in the tech industry in Latin America in 2020, by geographic strategy (in billion U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 01, 2026. /statistics/1227417/latin-america-market-value-startups-tech-industry-geographic-strategy/
Inter-American Development Bank. "Market Value of Startups in The Tech Industry in Latin America in 2020, by Geographic Strategy (in Billion U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 25 Mar 2021, /statistics/1227417/latin-america-market-value-startups-tech-industry-geographic-strategy/
Inter-American Development Bank, Market value of startups in the tech industry in Latin America in 2020, by geographic strategy (in billion U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1227417/latin-america-market-value-startups-tech-industry-geographic-strategy/ (last visited August 01, 2026)
Market value of startups in the tech industry in Latin America in 2020, by geographic strategy (in billion U.S. dollars) [Graph], Inter-American Development Bank, March 25, 2021. [Online]. Available: /statistics/1227417/latin-america-market-value-startups-tech-industry-geographic-strategy/
