Latin American startups featured in Silicon Valley titan’s latest report

This past week Silicon Valley Founder introduced its 10 Year Impact Report, featuring insights on its Latin American startups, among other topics.

Highlighted in the report were:

  • ComparaMejor, startup based in Colombia’s capital that was acquired in September of 2018.
  • Polen, Brazilian platform to facilitate connections between waste creators and those that can use the materials, that earlier raised $200,000+ in funding.
  • GoPlaceIt, Chilean real estate search platform for Spanish-speaking markets that has raised over $2M in funding.

The report includes insights from more than 15,000 founders across the world. The organization estimates that its 4000 alumni have raised over $900M in funding.

Takeaways include:

  • Founder Institute’s growth across the globe, including in emerging markets 
  • The most conductive personality traits for success
  • By next year, 1/3 of alumni expecting to create products in line with UN Sustainable Dev Goals
  • That startups offering crowdfunding and investment services were found to have the highest rate of funding

Said Founder Institute Co-Founder Jonathan Greechen, “It’s been a whirlwind 10 years, with a lot of hard work and sleepless nights, but we’re incredibly proud of what we have been able to accomplish. In particular, we’re proud to be helping entrepreneurs not only in the US and other global startup hubs, but across 65 countries and all corners of the planet.”

“Over the next 10 years we plan to leverage this global network for the greater good, and help entrepreneurs build businesses that can positively impact society.”

Latin America has increasingly been receiving attention from both startups and tech giants. Earlier this month Facebook announced it had named the city of Bogota as home to its most recent startup hub.

Colombian startups and developers can now expect to receive mentorship from the social media giant.

This article includes a client of an Espacio portfolio company

You may also like

Leave a Reply

Your email address will not be published. Required fields are marked *