• Latin America: unicorns per industry 2020

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Of the 11 unicorns found in Argentina, Brazil and Colombia in January 2020, most were active in the field of finance, insurance and real estate. This according to estimates based 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.

Number of unicorns in Latin America as of January 2020, by industry

	Number of unicorns
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Release date

January 2020

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Region

LAC

Survey time period

January 2020

Supplementary notes

A Unicorn company is a privately owned startup that has a current valuation of one billion USD 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 January 2020. 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.