September, 2022
Latin America Digital Report 2022
Join us as we dive deeper into the massive digital transformation that is unlocking Latin America's full potential
The Highlights
Digitalization continues
Internet penetration in Latin America has surpassed that of China and India and is approaching that of developed economies.
Back to the future
US e-commerce penetration reverted to pre-pandemic levels while Brazil stayed nearly three years ahead of trend.
No Going Back
Following the shift to remote work, software developers are no longer open to working in-office.
A New Funding Landscape
LatAm saw venture funding drop by more than half compared to the peak in 2021, but current leves remain higher than historic trends.
Local Investors Step Up
Foreign investor, while remaining active in the region, are slowing down. Local funds are making up the difference.
Cautions Optimism
Founders ate every stage recognize the market downturn but remain optimistic about the future of their own companies.
Modest Adjustments
Companies have responded to the current state by modestly adjusting headcount and slightly extending runway.
Prize ate the End of the Rainbow
Historically, companies that have raised capital in down market IPO at higher rates.
The Future is Already Here...
...It's just not distributed. Latin America has enormous growth potential when it comes to tech value creation.
Report Launch
CNN
"Although it has become more difficult to raise capital, Latin America still has good opportunities"
Forbes
"Despite the drop in share prices of tech companies in developed countries, investors are still optimistic about the potential for profits with these companies in Latin America"
Latin Finance
Less money, no problem
Exame
The delicate balance between optimism and caution in venture capital
TechCrunch
Declining VC investment into LatAm startups could throttle digital growth
Wall Street Journal
Venture Funding Sinks in Latin America, But Some Investors Remain Bullish
Exame
The delicate balance between optimism and caution in venture capital
Canary Cast
The digital transformation in Latin America after the pandemic wave
Cracks
Growth Marketing, los Peligros de la Hiper-escala y la Meta de Construir el Mejor Fondo de VC
Village Global
The state of digital transformation in Latin America in 2022
20VC
Why Greed is the #1 Enemy of Venture Returns, Why not Enought VCs Plays to Win and Lessons from Scaling to $100M and 1,200 Employees and Then Cratering
TechCrunch
In Latin America, founders and investors seek to balance caution and optimism
Invest Like the Best
Investing in Latin America
Folha
Path to digitalization goes through small entrepreneurs
Fintech Leaders
Rollercoaster Startup Stories, Making Hard Decisions, & Why Brazil is a Wrld-Calss Fintech Hub
Valor
Brazil advances in digital transformation; world goes back to "old normal"
Latitud
Why you need to play more attention to LatAm's tech boom
