Medellin, Colombia

Private capital investors deployed USD16b in Latin America in 2020, a new record. Venture investment topped USD4b for the second year in a row, demonstrating sustained momentum for the region’s ongoing digital transformation. 

GPCA Research on Latin America is produced in partnership with LAVCA. Since 2008, LAVCA Research has tracked private capital activity in Latin America through direct contact with over 500 fund managers active in the region, using the same data methodology as GPCA. 

Members can access GPC Analytics for a ten-year archive of Latin American private capital transactions and data cuts.

Research Team

Miguel Algarin, Research Director

Emanuel Hernandez, Research Analyst

Latin America Research

Mid-Year 2021 Global Private Capital Industry Data & Analysis

September 16, 2021
GPC 1H 2021 data on fundraising, investment and exit activity across Asia, Latin America, Africa, CEE and the Middle East   Key data takeaways:   All major markets posted year-over-year gains… Read More

Latin America 2021 Industry Data and Analysis

March 31, 2021
The LAVCA 2021 Industry Data & Analysis includes data and insights on fundraising, investment and exit activity from the full year in 2020. Member access includes: LAVCA Analysis: A summary of… Read More

Latin America Data Insights (Mid-Year 2020)

September 10, 2020
EMPEA Members can log in to receive exclusive access to the full detailed report (PDF) and underlying data (Excel). Despite the difficulties introduced by COVID-19, year-over-year fundraising increased 30% Fundraising for Latin… Read More

Latin America News

Base Partners and Untitled Lead USD27m Round for Brazilian Coding School Trybe

Base Partners and Untitled led a USD27m round for Trybe, a Brazilian online coding school, with participation from Endeavor Scale Up Ventures and follow-on from GFC. Read More

SoftBank, Riverwood, Igah and Volpe Invest ~USD56m in Brazil’s CRM&BONUS

Brazilian cashback platform CRM&BONUS raised ~USD56m from SoftBank, Riverwood Capital, Igah Ventures and Volpe Capital at a reported ~USD200m valuation. Read More

Greenoaks and SoftBank Lead USD50m Series A for Chilean HRtech Buk

Greenoaks and SoftBank led a USD50m Series A for Buk, a Chilean employee workflow and payroll management platform, at a reported USD417m valuation. Read More

Patria Acquires Neosecure and Proteus

Patria Investimentos acquired cybersecurity companies Neosecure and Proteus and plans to invest USD250m in the cybersecurity sector in Latin America. Read More

XP Invests ~USD18m in Brazil’s Alife-Nino

XP invested BRL100m (~USD18m) in Alife-Nino, a chain comprising 31 bars and restaurants in Brazil.  Read More

Spice Private Equity Acquires Argo Seguros Brasil for ~USD30m

Spice Private Equity acquired Argo Seguros Brasil, the Brazilian unit of specialty insurance underwriter Argo Group International Holdings, for BRL160m (~USD30m). Read More

Tiger Global and Point72 Ventures Lead USD20m Series A for Colombian HRtech Ontop

Tiger Global and Point72 Ventures led a USD20m Series A for Ontop, a Colombian onboarding and payroll management platform for companies with international teams, with participation from SoftBank. Point72 Ventures… Read More

Acced Leads USD23m Series A for Mexican SMB Payments Platform Higo

Accel led a USD23 Series A for Higo, a a Mexican B2B payments platform for SMEs, with participation from Tiger Global and angels Claire Hughes-Johnson and Cristina Cordova (Stripe), and… Read More

Tarsadia and QED Investors Lead USD110m Series E+ for Mexican Fintech Konfio

Tarsadia Capital and QED Investors led a USD110m Series E+ for Konfio, a Mexican lending platform for SMEs, with follow-on from SoftBank, KASZEK, VEF, IFC and Lightrock.  Read More

Advent and SoftBank Lead USD225m Series B for Merama

Advent International and SoftBank led a USD225m Series B for Merama, a Mexico- and Brazil-based e-commerce brand aggregator, with participation from Globo Ventures and follow-on from monashees, Valor Capital Group,… Read More

Vinci Partners Acquires Brazil’s Farmax

Vinci Partners, through its Vinci Capital Partners III, agreed to acquire Brazil-based cosmetics platform Farmax for an undisclosed amount. Read More

Alfa Collab To Invest Up to ~USD120m in Brazil’s E-ctare

Alfa Collab, the CVC arm of Brazilian insurance holding Conglomerado Alfa, announced an investment of up to ~USD120m over three years in E-ctare, a credit platform and digital wallet for… Read More