Latin America: unicorn industry distribution 2021

Unicorns from Latin America focused the most on finance and insurance as of April 2021, followed by transportation and logistics. This according to estimates based on company valuations as provided by multiple sources. Note that the figures provided here are based on unicorns that did not go public via an IPO and were not at some point acquired by another company. This excludes, for example, MercadoLibre, the Argentinian e-commerce competitor to Amazon.

Distribution of unicorns in Latin America as of April 2021, by industry

Characteristic	Share of total unicorns
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Release date

April 2021

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Region

LAC

Survey time period

April 2021

Supplementary notes

A unicorn company is a privately owned startup that has a current valuation of one billion U.S. dollars or over. Once a company has gone public (IPO) or has been acquired it is no longer termed as a unicorn. All published figures are best estimations based on latest publications of sources. Figures are correct as of April 2021. Figures and valuations are rounded as some company valuations have not been externally verified and are self-published. Latest valuations used. As multiple sources were used and valuations vary between sources, the most recent valuation was used. Where valuations differed but the reporting date was the same, mean averages were used. Industries were assigned by the sources. Where companies crossed industries, the major category was used as determined by the source. Where companies have multiple countries listed the country of headquarters has been used.

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