Funded Startups in NA - Uruguay
Uruguay entries skew toward one standout disclosed round: dLocal raised $150M on 2021-04-02, which dwarfs the next-largest disclosed amounts in this set ($…
Uruguay entries skew toward one standout disclosed round: dLocal raised $150M on 2021-04-02, which dwarfs the next-largest disclosed amounts in this set ($20M for Satellogic on 2025-04-15 and $14M for nocnoc on 2023-06-09). Most other disclosed rounds sit below $12M (e.g., Axenya’s $12M on 2025-08-25 and Bankingly’s $11M on 2022-05-04), suggesting a heavy tail driven by dLocal.
The dates also cluster across distinct windows: the newest three rounds (2025-08-25 Axenya $12M; 2025-04-15 Satellogic $20M; 2025-02-13 UNIVERSIMM undisclosed) are followed by a 2024-03-01 PayFlex $20K entry, while the mid-range includes multiple 2023 rounds such as nocnoc ($14M on 2023-06-09) and SEG Ingenieria ($380K on 2023-03-27). All 14 companies are listed in Montevideo, and Series Unknown plus undisclosed amounts appear frequently (5 are “Series Unknown,” and 3 are “undisclosed”), with the set spanning 2020-03-05 (YVY Life Sciences $2M) through 2025-08-25 (Axenya).
Most recent rounds
14 shownRelated listings
Frequently asked
What’s the largest disclosed round in the Uruguay list, and does it create a meaningful size outlier?
dLocal’s $150M round on 2021-04-02 is the only disclosed amount in this set that reaches the ~$100M range, materially above the next-largest disclosed rounds: Satellogic at $20M (2025-04-15) and nocnoc at $14M (2023-06-09).
Where do most of the dated financings concentrate across the 2020–2025 window?
There’s a clear recent cluster in early-to-late 2025 (Axenya $12M on 2025-08-25; Satellogic $20M on 2025-04-15; UNIVERSIMM undisclosed on 2025-02-13), and another dense stretch in 2023 (e.g., nocnoc $14M on 2023-06-09 and SEG Ingenieria $380K on 2023-03-27).
Are any sectors over-represented among these 14 companies?
Commerce and Shopping appears multiple times: PayFlex is Financial Services, while Commerce and Shopping includes Satellogic (Data and Analytics is separate) and includes nocnoc ($14M on 2023-06-09), Handy (undisclosed on 2023-11-01), and dLocal ($150M on 2021-04-02).
How complete is the disclosed funding vs. undisclosed classification?
Out of 14 rows, 3 are marked “undisclosed” amounts (UNIVERSIMM on 2025-02-13, Handy on 2023-11-01, and Boxes devices on 2022-07-11), and 5 are labeled “Series Unknown” (Satellogic on 2025-04-15; Handy on 2023-11-01; SEG Ingenieria on 2023-03-27; Viatik on 2023-03-01; dLocal on 2021-04-02).
Do the smallest disclosed rounds indicate a long tail below the mid-market entries?
Yes. The smallest disclosed amount is Viatik at $10K on 2023-03-01, far below the next small disclosed figures such as PayFlex at $20K (2024-03-01) and SEG Ingenieria at $380K (2023-03-27).
What stage mix dominates the visible rounds in Uruguay, based on the labels used here?
No single labeled stage dominates, but “Series Unknown” and “undisclosed” are prominent (5 and 3 entries respectively). Among explicitly named stages, the most repeated label is Series A across Axenya ($12M on 2025-08-25), nocnoc ($14M on 2023-06-09), and Bankingly ($11M on 2022-05-04), each in the single-digit to low-double-digit millions range.
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