Artificial Intelligence startups in Latam
There are 404 Artificial Intelligence startups in Latam which include NotCo, TRACTIAN, Valiot, Sidetrade, crewAI. Out of these, 76 startups are funded, with 26 having secured Series A+ funding, and 1 achieving unicorn status.
Over the past 10 years, an average of 32 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Stanford University, Imperial College London and Pontifical Catholic University of Rio de Janeiro.
Here is the list of top Artificial Intelligence startups in Latam
1. NotCo
Developer of AI-powered technology for food product innovation and development. The company provides services to transform the process of creating new food products. It offers tools intended to assist with various aspects of product development. The company also produces and distributes food products.
Key facts about NotCo
- Founded Year: 2016
- Location: Santiago (Chile)
- Stage: Series D
- Total Funding till date: $466M
- Investors: Kaszek, The Craftory and 24 Others
- Latest Funding Round: Series D, Dec 12, 2022, $*****
- Tracxn Score: 69/100 What is this?
2. TRACTIAN
Provider of industrial maintenance and reliability solutions using sensors and software. The company offers condition monitoring, computerized maintenance management systems, and overall equipment effectiveness tools. These solutions enable users to monitor machines, manage maintenance tasks, and optimize production processes. The offering includes sensors, software, and support to assist with maintenance and reliability efforts.
Key facts about TRACTIAN
- Founded Year: 2019
- Location: Sao Paulo (Brazil)
- Stage: Series C
- Total Funding till date: $196M
- Investors: Next47, Sapphire Ventures and 13 Others
- Latest Funding Round: Series C, Nov 22, 2024, $*****
- Tracxn Score: 59/100 What is this?
- Competitors Rank: 6 of 395 Competitors
3. Valiot
Developer of AI software for optimizing manufacturing operations and value chains. The software connects shop floors and administrative systems, gathering data from various sources. It provides analytics, simulations, and autonomous rescheduling to enhance operational efficiency. The software aims to reduce bottlenecks, errors, and waste, while increasing throughput and service levels.
Key facts about Valiot
- Founded Year: 2018
- Location: Monterrey (Mexico)
- Stage: Series B
- Total Funding till date: $9.35M
- Investors: Motivate Venture Capital, Stage Venture Partners and 2 Others
- Latest Funding Round: Series B, Jan 09, 2025, $*****
- Tracxn Score: 54/100 What is this?
- Competitors Rank: 4 of 173 Competitors
4. Sidetrade
SideTrade provides AI-enabled accounts receivable solutions for businesses. It features a cloud-based solution for customer credit management, risk handling processes, customer predictive analytics, automated collection, and more. It helps to track data related to account receivables such as aging balances, DSOs, outstanding claims, and overdue accounts. It helps to monitor the payment behaviors of customers, monitor customer portfolios, access data through the cloud, and more.
Key facts about Sidetrade
- Founded Year: 2000
- Location: Boulogne (Argentina)
- Stage: Public
- Investors: XAnge, Herald Investment Management and 7 Others
- Latest Funding Round: Post IPO, Jun 16, 2020, $*****
- Tracxn Score: 54/100 What is this?
- Competitors Rank: 3 of 318 Competitors
5. crewAI
Framework for orchestrating role-playing, autonomous AI agents. It is designed to work on complex tasks. It enables users to build multi-agent automations locally and share their models within a community. It also supports connecting to multiple LLMs through different options like the OpenAI API and local models.
Key facts about crewAI
- Founded Year: 2023
- Location: Sao Paulo (Brazil)
- Stage: Series A
- Total Funding till date: $18M
- Investors: Insight Partners, Boldstart Ventures and 6 Others
- Latest Funding Round: Series A, Oct 23, 2024, $*****
- Tracxn Score: 52/100 What is this?
- Competitors Rank: 16 of 1,041 Competitors
