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Artificial Intelligence Sector in Latam

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About Artificial Intelligence sector in Latam

The Artificial Intelligence sector in Latam comprises 404 companies, including 76 funded companies having collectively raised $853M in venture capital money and private equity. Out of these, 26 are Series A+ funded, and 1 has achieved unicorn status.
Artificial Intelligence sector in Latam has seen 11 acquisitions and 2 IPOs.
This sector includes companies whose core products or offerings are (a) built around AI, making it essential for their operation, and (b) incorporate proprietary AI or machine learning technology.

Companies included in Artificial Intelligence

Includes companies that develop core AI infrastructure, platforms for deploying and managing AI systems, and AI development tools. It also encompasses companies creating core AI-powered applications for consumers, enterprises, and a wide range of industry sectors. Companies are included only if AI is central to their products or services, rather than serving as a secondary feature

Companies excluded in Artificial Intelligence

Exclude those companies whose primary business domain or revenue generation is not fundamentally dependent on AI. It also excludes businesses where AI functions merely as one of several features or components within a broader product or service. Additionally, companies that primarily provide AI services, consulting, or AI-enabled solutions built upon third-party or non-proprietary technologies, rather than developing native AI systems in-house, are not considered AI-native.
Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
Unicorns Created
IPOs
Acquisitions

Top Artificial Intelligence Companies in Latam

There are more than 404 companies in Artificial Intelligence in Latam. NotCo is the top Artificial Intelligence company in Latam, ranked using Tracxn Score (what's this?).
Here are 5 of the top Artificial Intelligence companies in Latam:
Company
Description
Location
Founded
Current Stage
Private Funding Raised
Developer of AI-powered technology for food product innovation and development
Santiago (Chile)
2016
Series D
$466M
Provider of industrial maintenance and reliability solutions using sensors and software
Sao Paulo (Brazil)
2019
Series C
$196M
Developer of AI software for optimizing manufacturing operations and value chains
Monterrey (Mexico)
2018
Series B
$9.35M
AI-enabled accounts receivable solutions for businesses
Boulogne (Argentina)
2000
Public
-
Framework for orchestrating role-playing, autonomous AI agents
Sao Paulo (Brazil)
2023
Series A
$18M
Get a longer list of companies

Companies founded year-on-year in the Artificial Intelligence sector in Latam

46 Artificial Intelligence startups in Latam were founded in 2023 - this is the most number of startups founded in any year in the last 10 years.

Companies founded year-on-year in the Artificial Intelligence sector in Latam2025202420232022202120202019201820172016Founded Year01020304050Count of Number of Companies
  • Total Number of Companies
Year
No. of companies
2025
36
2024
41
2023
46
2022
25
2021
21
2020
40
2019
45
2018
35
2017
19
2016
15

Stage-wise distribution of Artificial Intelligence sector companies in Latam

Out of the total 404 Artificial Intelligence companies in Latam, 76 have secured funding. Among them, 26 have reached Series A or higher, and 18 to Series B or beyond.

Founded - 404
Funded - 76
Series A+ - 26
Series B+ - 18
Series C+ - 15
Company Stage
No. of companies
Founded
404
Funded
76
Series A+
26
Series B+
18
Series C+
15
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Top Investors in Artificial Intelligence in Latam

Plug and Play Tech Center is the top investor in Artificial Intelligence companies in Latam based on number of companies invested.
Here are some top investors in Artificial Intelligence companies in Latam:
See a more detailed list of investors

M&A activity in Artificial Intelligence sector in Latam

In the year 2024, till September 2024, 4 acquisitions happened in Artificial Intelligence sector in Latam. Last year, in 2023, a total of 1 acquisition happened in Artificial Intelligence sector in Latam.
Here are some recent, important acquisitions in Artificial Intelligence sector in Latam:
Company
Acquisition Type
Acquisition Date
Acquirers
Business Acquisition
Sep 04, 2024
Business Acquisition
Apr 04, 2024
Business Acquisition
Feb 02, 2024
Acqui-Hired
Jan 30, 2024
Business Acquisition
Jan 31, 2023
See a more detailed list of acquisitions

Acquisition trends in Artificial Intelligence sector in Latam

Here are the acquisition trends in Artificial Intelligence sector in Latam:

Acquisition trends in Artificial Intelligence sector in Latam2026202520242023202220212020201920182017Acquisition Round Date (Yearly)0246Number of Acquisitions
  • Total Number of Acquisitions
Year
No. of companies
2026
-
2025
-
2024
4
2023
1
2022
1
2021
1
2020
2
2019
-
2018
1
2017
-

IPOs in Artificial Intelligence in Latam

In the year 2005, till July 2005, 1 IPO happened in Artificial Intelligence sector in Latam.
Here are some recent, important IPOs in Artificial Intelligence sector in Latam:
Company
IPO Date
Exchange Symbol
Jul 07, 2005
Euronext Exchange (Euronext)
See a more detailed list of IPOs

Top News in Artificial Intelligence in Latam

View all Top News for Artificial Intelligence companies in Latam

FAQs about Artificial Intelligence sector in Latam

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