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South America

Continent / region · Pop. 434.3M

Startup funnel

South America's startup funnel

Companies headquartered in South America at each stage today, by total VC raised. Hover or tap a bar for the split.

4,624
Startups
$100K–15M raised

2,610 pre-seed · 1,228 seed · 786 Series A

552
Breakouts
$15–100M raised

358 Series B · 194 Series C

151
Scaleups
$100M+ raised

94 Mega · 57 Mega+

68
Unicorns and/or $100M+ revenue

58 valued at $1B+ · 33 with $100M+ revenue · 23 both

Source: Dealroom.co

Quarterly report

South America's latest quarter in venture capital

Venture capital raised by companies in South America each quarter since 2020, split by round size, with detail on the latest complete quarter.

Latest complete quarter

 

Loading VC raised by companies in South America…

Enterprise value

How much South America’s VC-backed companies are worth

Combined enterprise value of VC-backed companies headquartered in South America, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.

VC investment

How much venture capital flows into South America

VC investment into South America-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.

Largest rounds

Largest funding rounds in South America

A live treemap of the largest VC rounds. Each cell is one round into South America-headquartered companies, grouped by Dealroom sector.

Largest rounds in South America - 2026

Every $40M+ VC round into South America-headquartered companies in 2026, grouped by Dealroom sector.
- rounds · - raised
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Country leaders

Which South America countries raise the most — and grow the fastest

VC investment by country across South America. Pick a year (the current year is year-to-date) and switch between the biggest markets and the fastest-growing ones.

Academia

South America's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to South America.

University-linked startup formation
362
University spinouts
7,189
Total alumni-founded companies
5,121
Of which startups (<$15M raised)
1,550
Breakouts ($15M-100M)
518
Scaleups ($100M+)

Location comparison

How South America stacks up

Compare South America with peers from other continents / multi-country regions — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.

$3.7T
$562B
South America
$506B
$344B
$132B
$74.3B

Combined enterprise value of each ecosystem.

Sector concentration

Where South America punches above its weight

Sectors in which South America's share of the global unicorn pool is bigger than its overall share. A 5× over-index means South America is 5× more represented in that sector than in the global average. Source: top-hub aggregation across the 18 simplified sectors.

🎓 Edtech
4.86×
3 unicorns · 7.9% of global sector
3.17×
9 unicorns · 5.1% of global sector
💸 Fintech
2.13×
11 unicorns · 3.5% of global sector

Get the full South America ecosystem on Dealroom

Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.