Watch These 10 Startups in Santiago, Chile

Santiago, Chile’s vibrant capital city, is more than just a city that has historical appeal and cultural wealth. The way it seamlessly combines the picturesque Andes Mountains scenery with sprawling vineyards complements its status as an emerging innovation hot spot. Santiago is Chile’s leading innovation ecosystem; this is because it is the principal location for innovations in a global leader of copper production and second lithium producer on the globe. The city, which is home to nearly 7 million people, is ranked fourth in Latin America’s most important start-up ecosystems according to StartupBlink.

 

What is the Chilean Government Doing to Help Startups?

Well over ten years ago the Chilean government embarked on this journey to make itself a global destination for innovation. This has been achieved through the efforts of globally-minded entrepreneurs among other things. Despite some hiccups, Santiago has started seeing start-ups mushrooming up across different sectors from mining to fintech.

 

 

Is Santiago a Good City to Start a Business?

According to data from StartupBlink, Santiago accounts for 435 startups out of 91% of Chile’s total startup landscape, making it the highest startup ecosystem in Chile housing various technologies, including the creation of two unicorn startups.

 

 

10 Startups to Watch in Santiago

From startups focusing on environmentally conscious projects, and learning new languages to those more focused on helping businesses streamline their process, here is a list of our top 10 startups to keep an eye on this year and beyond:

 

1. NotCo

 

 

NotCo leads in the plant-based food revolution using artificial intelligence technology. To do this their platform called Giuseppe analyses molecular components of food so as to reproduce popular animal based food staffs using plant ingredients. In this regard, they produce alternative meat products including mayonnaise and plant –based milk which are making waves both locally and internationally.

 

2. Betteryfly

 

 

Betteryfly integrates wellness and financial products into personal insurance thereby revolutionising it. Their unparalleled model not only insures life but also rewards exercises by converting them into currency. This innovative approach is intended to improve individual health and security.

 

3. Poliglota

 

 

Poliglota changes language teaching through its social learning methodology. By creating an immersive experience that includes small group interactions with native speakers, they provide an environment in which individuals can learn a new language. This method accelerates the process of acquiring a second language while also building up members’ networks among learners and teachers.

 

4. Fintoc

 

 

Fintoc is a company that is making financial connections easy using its services that are offered on an API platform for seamless integration with bank accounts. Fintoc facilitates secure access to financial data enabling companies to innovate and enhance their service offerings in finance.

 

5. Rocketbot

 

 

Rocketbot has made robotic process automation (RPA) available to businesses of all sizes. Enterprises carry out repetitive tasks because RocketBot allows automation thus reducing operational costs and enhancing efficiency. This enterprise provides intuitive modelling tools and strong functionality, which have proven popular among enterprises seeking efficient processes.

 

6. Colektia

 

 

Colektia is the first company in the world to use artificial intelligence technology for debt collection purposes. With machine learning implemented on their platform, this company ensures better results and outcomes for both creditors and debtors by optimising debt recovery processes. Thus, Colektia increases effectiveness of one’s debt management by personalising treatment plans for each case.

 

7. Fintual

 

 

Democratising investment management is Fintual with its easy to use and low cost platform. They offer customised investment portfolios that match the clients’ financial plans thus making it easier for other investors to have access to similar investments from professionals. In addition, Fintual has been able to build a strong customer base due to their emphasis on user education as well as transparency.

 

8. Global 66

 

 

Global 66 defies traditional thinking about remittance and cross-border payments systems. Their platform provides fast, transparent and cost-effective means of sending money globally as international money transfers are time-consuming otherwise. In so doing Global 66 aims at making global financial transactions accessible to everyone at low costs through a customer centricity approach utilising cutting edge technologies like smartphones.

 

9. Toku

 

 

The subscription-based business payment experience is taking an exciting turn with Toku’s all-inclusive platform that is aimed at enhancing these processes. Their solution contains features such as billing, payments and customer management aimed at facilitating operational efficiency and increasing customer satisfaction. Therefore, Toku’s flexible and scalable platform enables businesses looking forward to optimise their recurring payments.

 

10. Wibo

 

 

Wibo aims to empower small and medium-sized businesses with its innovative business management platform. The Wibo platform offers a plethora of useful tools to help with inventory management, sales tracking, and customer service management. Their concept allows businesses to benefit from their sophisticated management tools.