Top 10 Latin American Startups to Watch in 2021

Alex Mitchell
12 min readDec 22, 2020

As I’m writing this, it’s almost the end of 2020. There were certainly a lot of ups and downs this year to stay the least. A LOT of things changed around the world.

Many businesses failed, but some startups thrived.

I’m excited to write about many of the incredibly impressive startups in Latin America that you need to watch in 2021. These startups not only survived the pandemic but thrived in it, managing to grow incredibly quickly by meeting and exceeding customer needs.

Other Startups to Watch in 2021:

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Latin America’s Startup Environment

Similar to every other region around the world, Latin America was impacted heavily by the Coronavirus pandemic. By Summer 2020, data was starting to emerge from surveys of LatAm startups:

  • 42% reported that the impact was bad or very bad for existing business
  • 25% reported a neutral impact to existing business
  • 33% reported that the impact was good or very good for existing business

However, when looking at new business, the picture was a bit better:

  • Only 27% reported that the impact was bad or very bad for new business
  • 17% reported a neutral impact to new business
  • 57% reported that the impact was good or very good for new business

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Alex Mitchell

Product @Kinsured | 5x Product Leader/Founder | Syndicate: bit.ly/mitchell-ventures | Author: @producthandbook @disruptbook