The investment in Latin America fell sequentially in the first quarter of this 12 months, driven by a decrease in the contents of the transaction. Despite this, the funds were above reduced levels, which were seen a 12 months ago, and programming at an early stage showed signs of strength.
To sum up, investors put just over $ 800 million as part of the transaction at the growth stage in Central America and South America in the first quarter of Crunchbase data. This is about 17% higher than the level of the 12 months, but it is going to fall by about 35% in comparison with the previous quarter, which is a solid period in the late stage transactions.
In retrospect, we have set a complete investment, marked in response to the stage, over the last nine quarters below.
The number of rounds fell sequentially and 12 months -on -year at stages. We expect that the Q1 contract will increase barely over time, because in particular the seed rounds are widely reported weeks or months after their closure.
Contents
Early stage and seeds
The early stage was the strongest financing area in the first quarter, attracting about $ 435 million. Fintech stood out as the dominant topic of investment, and greater than half of all funds of the early stage go to firms related to financial services, for the Crunchbase.
A major part of the quarterly comes from a handful of larger rounds. Stands out:
- PlatStartup offer in Mexico MasterCard bank cards, collected $ 160 million in March A series run by Bark on Reported Valuation of $ 1.5 billion.
- BeechThe HR software supplier based in Santiago secured $ 50 million in the January B series led by Heading.
- PaytrackThe developer from Brazil in the field of business trips and expenditure management tools, landed in January $ 40 million in January. Riverwood capital.
- Mendel. Base10 partners.
While the early stage was growth, seed investments fell in the first quarter, based on the sums of reported. However, we expect the final numbers to be barely higher, because seed financing often includes a set of data weeks or months after they are closed.
In the mix in Q1, we saw several major seeds of seeds, including a round of $ 8 million Niko EnergySolar Supplier based in Mexico and an investment in the amount of $ 6 million NeofinBrazilian startup of B2B payment technology.
Late stage
The latest stage slowed down, after jumping the previous quarter. Only $ 281 million went to rounds in the C series and not only in the first quarter. This is above the levels of last 12 months, but about a third of the quarter.
Nevertheless, we saw a few good rounds. Some of the major financing recipients included:
- Streetdigital startup of digital banking from Buenos Aires, closed $ 66 million in the E series led by Televisapision.
- AliceThe supplier of health plans based in São Paulo for employers collected an extension of $ 22 million in February.
- TubThe Brazilian platform for renting digital cars secured $ 12.5 million in February D series.
In general, a muted district and a slow output period
This was not a particularly energetic quarter for startup outputs, although there have been some offers.
On the M&A front, GringoApplication from Brazil to service care and expenditure on vehicles, sold Cambridge Global Payments The contract was reportedly valued at $ 172 million. Other offers of mergers and acquisitions, including financed startups XFARM technologies“Purchase Check the plantBrazilian agricultural software supplier i CencosudAcquisition VoperoFashion resale market in Mexico.
As for IPO, Q1 was a fairly quiet period, without significant offers supported by the project of American firms.
Will we see a reception in the scope of creating transactions and exits as the end of the 12 months? Who knows. But at least taking into account the subdued levels of the Q1 offer, hence there is a lot of space for development.
Methodology
The data contained in this report come directly from Crunchbase and are based on the reported data. The reported data is on April 2, 2025.
It ought to be noted that data delays are most clear at the earliest stages of the project’s activity, with seed funds significantly increased after the end of a quarter per 12 months.
It ought to be remembered that each one financing values are given in American dollars, unless otherwise marked. Crunchbase transforms foreign currency into American dollars in response to the prevailing Spot rate from the date of financing, acquisitions, IPO and other financial events. Even if these events were added to Crunchbase long after the event was announced, foreign currency transactions are transformed at a historic spot price.
Voiceman of the financing conditions
Seed and Angel consists of rounds of seeds, preliminary seeds and angels. Crunchbase also includes rounds of undertakings of unknown series, crowdfunding equity and convertible notes of $ 3 million (such as USD or in response to consent) or less.
The early stage consists of rounds of the A series and series B, in addition to other round types. Crunchbase includes rounds of undertakings of unknown series, corporate projects and other rounds over $ 3 million, and those smaller or equal to $ 15 million.
The late stage consists of the C series, series D, series E and later rounds of the undertaking of the project after “Serie [Letter]”Naming convention. Rounds of undertakings of unknown series, corporate undertaking and other rounds over $ 15 million were also included.
The increase in technology is a private round of Equity raised by a company that previously raised the “undertaking” round. (Basically each round from previously defined stages.)