Renowned Silicon Valley accelerator Y Combinator has updated its list of top companies that have gone through its program. The ranking – topped by Stripe, Instacart, and Cruise, in the private companies section – includes nineteen startups from LatAm, nine more than in February. LatAm startups are part of the 63 companies entering the ranking for the first time.
The new entrants from the region were Mexico’s 99Minutos, Nuvocargo, and Bego; Brazil’s Star Bank and Treble.ai; Colombia’s Treinta; and Argentina’s Clicoh.
These are in addition to the 10 LatAm companies that remain on the list. In order of appearance, these are Rappi (Colombia), Jeeves (Mexico), Frubana (Brazil), Nowports (Mexico), Kovi (Brazil), Platzi (Colombia), Fondeadora (Mexico), Fintual (Chile), Houm (Chile), Yummy (Venezuela) and Belvo (Mexico).
The “Y Combinator Top Companies” includes startups that, having gone through its program, are now valued at US$150 million or more. The list ranks by valuation the 316 private companies that meet these criteria and alphabetically those that have gone public, a group of 15 that includes Airbnb and Coinbase.
Y Combinator noted that, of the total listing, 76% of the companies consider themselves remote or remote-friendly, and 59% are based in the San Francisco Bay Area. More data: the sectors with the most startups are B2B software (43%), fintech (18%), and healthcare (11.5%).
Here you can see the complete list, and below, only those from Latin America.
115. 99 Minutos
209. Stark Bank
Main image: Mount Tamalpais, Marin County, CA (Adobe Stock)
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