10 Argentine Startups You Need to Know
Argentina's formidable startup ecosystem has long been a hotspot for tech talent, nurturing the likes of startup unicorns, MercadoLibre and Globant. Recently, the government has made significant moves to support a surge in the startup ecosystem with the release of a new entrepreneurship law (Ley De Emprededores), which introduce new finance options for entrepreneurs.
With Argentina's startup culture booming steadily, we thought we'd compile a list of the leading Argentine tech startups in the market today.
Wideo offers its users a quick and easy way to create animated videos. Without any animation or graphic design knowledge, Wideo users are able to greatly upgrade their digital presentation with professional-looking animations that can take as little as just a few clicks to make.
The company has recently surpassed one million active users and is accessible for users in Latin America, the United States, and South Korea.
Ripio is a fintech platform that sells bitcoin to Latin Americans. Users can buy bitcoins with Argentine pesos or other South American currencies. Ripio, formerly BitPagos, raised more than $5.7 million in funding, making it one of the largest bitcoin platforms in South America. In just last December alone, Ripio’s user base went up 40%. Next, Ripio has plans to expand its wallet service to Brazil and Mexico.
Afluenta, a Latin American fintech platform, provides a direct line of communication between investors and applicants. Both parties register on Afluenta, and then investors can loan money to worthy recipients free of any intermediaries, creating a unique and thoughtful platform for loans. The peer-to-peer business model has revolutionized the process of applying for a loan and made more funding opportunities available to Latin America.
Crunchbase reported that Afluenta received $8 million from IFC and Elevar Equity in March of 2016. The company, which was started in 2012, has already expanded to Peru and has plans to expand to Mexico, Brazil, and Colombia in the very near future.
RadioCut offers its users the ability to listen to radio programs that have already aired, whether it was hours or weeks ago, and then save the segments that they like. Users can also cut, edit, and share segments with friends in messaging apps or post them on social media.
With more than 2.5 million hours of radio content from more than 700 radio stations, the app has built a following off their radio library.
Currently, there are 300 radio stations on the waiting list to join the RadioCut library. These stations aren’t just from Argentina but from all over (U.S.A, U.K., Mexico, Brazil, etc). All this content has led the app’s popularity to exceed more than 500K active monthly users and more than a million monthly visitors.
Descuentocity presents a wide range of daily discounts and promotions on various goods, helping consumers find the best deals and helping vendors find business. Users can order anything from food, furniture, and even massages. All of the site’s offerings have a savings of up to 90% off.
It’s the leading aggregator site in Latin America in countries like Argentina, Chile, Mexico, Perú, Colombia, Uruguay and Panamá. As of 2013, the company exceeded 1 million users.
Gigvy provides an online freelance community of coders, UX designers, project managers, and other software skills. Clients can get an estimated quote on their project idea and be put into contact with a talented development team.
Gigvy stands out as a smarter, cheaper alternative for companies who are on the fence about about adding in-house development teams.
While the core team will figure out all the technical ins and outs of the development, Gigvy offers creative control, constant forms of communication, and help to create an app that fully satisfies its clients.
Aiming to lower the cost of online retailers, ShipNow has teamed up with other shipping and logistics companies to match online orders with the best potential carrier for that shipment. The budding company offers not only the transport of client goods, but also the personal storage within Shipnow’s warehouse -- and a modern online tracking interface.
While the bulk of ShipNow’s commerce comes from Argentina, the company is quickly expanding to Peru, Costa Rica, and other major South American countries.
SmartPoll takes on the daunting challenge of simplifying business logistics and does so through a simple and effective app. With the help of SmartPoll, users can communicate with fellow employees, track customer satisfaction, and measure the productivity in specific areas.
In 2016, SmartPoll won first place at Seedstars World Argentina.
Bluesmart improves travelling with one of the first ever smart suitcases. Users can connect to the suitcase electronically using bluetooth on their smartphone to lock and unlock the case, collect the weight of the case’s content, and even track the case remotely. Losing luggage has been made impossible with this product.
The suitcase, named Bluesmart One, also comes with a portable battery that can charge a smartphone six times over. With this accessory, travelers don’t have to worry about the possibility of being locked out of their suitcase because of low battery.
Finally, this past January the company raised $12 million in funding!
IguanaFix, founded in 2013, is a home improvement marketplace and service provider app. The app, which is compatible with iOS and Android devices, connects home and auto repair technicians with consumers and retail stores.
IguanaFix selects only the most skilled repair professionals to use their network and offers consumers services like house painting, air conditioner repair, plumbing, auto repair, and more.
In 2016, the company received $16 million in funding from Temasek Holdings and Qualcomm Ventures!
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