The 100 fastest-growing startups in Mexico (by Forbes)
In Latin America, Mexico ranks only below Brazil in amount and number of transactions for Venture Capital Investments.
The Latin American region has positioned itself as one of the most attractive to undertake and invest in startups. Many of the largest industries of the region have a great opportunity for technology adoption which generates huge opportunities for startup solutions and of course for VC funds.
According to the Association for Private Capital Investment in Latin America (LAVCA), in 2021, the region reached a record investment in venture capital (VC) three times higher than what was invested in 2020.
The winning sectors were fintech and e-commerce: they attracted 64% of the total risk capital.
In addition, during that year, 16 startups reached the category of unicorns, that is, their value exceeded 1,000 million dollars. Bitso, CargoX, Clara, Clip, CloudWalk, Facily, and Konfio stand out, among others.
Since 2020, the Rockstart business accelerator has launched, in conjunction with Forbes Colombia, an exercise to identify the 100 startups with the greatest development and that are obtaining the most recognition.
The Mexico list contains 33 fintech companies; there are nine software developers and nine e-commerce. The rest is from sectors such as transport, delivery, real estate, and business services, among others.
100 fastest growing startups in Mexico
Source: https://www.forbes.com.mx/nuestra-revista-las-100-startups-de-mayor-crecimiento-en-mexico/
