92 Women
Founders
on
Raising Capital
in Latin America
Capital exists in Latin America, but accessing it is another story
The bottlenecks to accessing that capital stemmed from three core barriers, which ironically enough had nothing to do with the companies themselves…
The country
Capital is concentrated in Brazil and Mexico. Chile, Argentina, and Colombia are classified as emerging; Peru, Ecuador, Paraguay, Bolivia, and Venezuela as early-stage.
The market
Fintech led investment in 2025 by a wide margin. Health, education, and care sat far below it and account for 41% of the founders in this report.
The founder
Companies with at least one woman founder made up 14% of deals and 10% offunding value. Women-only teams: 9% of deals, 4% of the capital allocated.
.webp)
.webp)
They build anyway
We surveyed 92 women founders across 15 Latin American markets — howmany investors they pitched before the first yes, what they were told inthe room, and what outsiders keep getting wrong about the region. Country-by-country insights and their words, unedited.
