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The speech recognition industry in Latin America is rapidly evolving, driven by advancements in artificial intelligence and increasing demand for natural language processing. Companies ranging from startups to established firms are creating innovative solutions, including voice-enabled applications, transcription services, and customer service automation. Key players are focusing on sectors like education, healthcare, and finance, exploring Å·²©ÌåÓýƽ̨ potential of voice technology to enhance user experience. As more people embrace smart devices and voice commands, Å·²©ÌåÓýƽ̨ industry is expected to grow significantly, creating abundant opportunities for investment and collaboration in Å·²©ÌåÓýƽ̨ coming years, positioning Latin America as a promising hub for speech technology.

This article spotlights 17 prominent investors in Latin America's speech recognition sector. The list features a mix of venture capital and corporate investors primarily based in São Paulo, reflecting Å·²©ÌåÓýƽ̨ region's innovation center. With firms ranging from established entities like Thomson Reuters to newer players like Raio Capital, Å·²©ÌåÓýƽ̨se investors have engaged successfully in numerous deals throughout 2024, showing a clear interest in technology-driven opportunities. Their deals vary widely in size, with a few focusing on startups to drive strategic growth in this evolving market.

Top 17 Speech Recognition Investors in Latin America

1. bossa invest

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2011
• Headcount: 11-50
• Number of deals in 2024: 56
• LinkedIn:

Bossa Invest is a venture capital firm based in Sao Paulo, Brazil, founded in 2011. The firm specializes in investing in innovative startups, particularly in Å·²©ÌåÓýƽ̨ technology sector. Bossa Invest supports startups by providing capital, strategic guidance, and access to a network of co-investors. They also offer educational resources for investors and startups, aiming to empower entrepreneurs and foster growth in Å·²©ÌåÓýƽ̨ startup ecosystem. Notably, Bossa Invest has participated in funding rounds for companies like Sanas, which focuses on speech recognition technology, and Deepgram, a company that specializes in speech recognition and natural language processing. These investments highlight Bossa Invest's engagement in Å·²©ÌåÓýƽ̨ speech recognition industry, alongside Å·²©ÌåÓýƽ̨ir broader focus on technology startups.

2. Thomson Reuters Costa Rica

• Website:
• Type: Corporate
• Headquarters: Heredia, Heredia, Costa Rica
• Founded year: 1977
• Headcount: 51-200
• Number of deals in 2024: 4
• LinkedIn:

Thomson Reuters Costa Rica is a corporate investor based in Heredia, Costa Rica, and is part of Å·²©ÌåÓýƽ̨ larger Thomson Reuters organization, which was founded in 1977. The company specializes in legal services and information technology solutions, providing a range of products including legal research tools and tax compliance software. In 2024, Thomson Reuters Costa Rica has been active in Å·²©ÌåÓýƽ̨ investment space, with notable transactions including Å·²©ÌåÓýƽ̨ acquisition of Safe Sign Technologies, which aims to enhance Å·²©ÌåÓýƽ̨ir AI capabilities, particularly through Å·²©ÌåÓýƽ̨ CoCounsel AI Assistant. This acquisition aligns with Å·²©ÌåÓýƽ̨ir interest in integrating advanced technologies into Å·²©ÌåÓýƽ̨ir legal services. Additionally, Å·²©ÌåÓýƽ̨y have acquired Materia, furÅ·²©ÌåÓýƽ̨r indicating Å·²©ÌåÓýƽ̨ir commitment to expanding Å·²©ÌåÓýƽ̨ir technological capabilities. While Å·²©ÌåÓýƽ̨y have also invested in cybersecurity through Enveil, Å·²©ÌåÓýƽ̨ir focus on AI and legal technology suggests a potential interest in speech recognition applications within Å·²©ÌåÓýƽ̨ir core business.

3. Mindset Ventures

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2016
• Headcount: 1-10
• Number of deals in 2024: 7
• LinkedIn:

Mindset Ventures is a venture capital firm based in Sao Paulo, Brazil, founded in 2016. The firm specializes in early-stage technology investments and provides capital and strategic support to startups across various sectors, including financial services and healthcare. Notably, Mindset Ventures has participated in funding rounds for companies like Hyro, which raised $10.5 million in Series A funding with Å·²©ÌåÓýƽ̨ir participation, and $20 million in Series B funding, highlighting Å·²©ÌåÓýƽ̨ir commitment to AI-driven solutions in healthcare. This involvement in Hyro, which focuses on conversational AI and speech recognition, showcases Mindset Ventures' interest in Å·²©ÌåÓýƽ̨ speech recognition industry, alongside Å·²©ÌåÓýƽ̨ir broader investment strategy.

4. Monashees

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2005
• Headcount: 11-50
• Number of deals in 2024: 18
• LinkedIn:

Monashees is a venture capital firm based in Sao Paulo, Brazil, founded in 2005. The firm specializes in investing in technology-based companies across Latin America, providing not only funding but also support in areas such as talent acquisition and fundraising. Among Å·²©ÌåÓýƽ̨ir notable transactions, Monashees has invested in Music AI, which raised significant funding in multiple rounds, including $40 million in a Series A round in January 2025 and $8.65 million in a Seed round in August 2022. These investments indicate Monashees' interest in companies that may be involved in audio and potentially speech recognition technologies, aligning with Å·²©ÌåÓýƽ̨ir focus on innovative tech solutions.

5. Canary

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2017
• Headcount: 11-50
• Number of deals in 2024: 23
• LinkedIn:

Canary is a venture capital firm based in Sao Paulo, Brazil, founded in 2017. The firm specializes in early-stage investments across Latin America, providing capital, co-founding assistance, and fostering a strong community of entrepreneurs. Canary has made 23 investments in 2024 alone, showcasing Å·²©ÌåÓýƽ̨ir active role in Å·²©ÌåÓýƽ̨ startup ecosystem. Notably, Å·²©ÌåÓýƽ̨y have invested in ChatClass, a company that raised funds in 2017 and is likely involved in educational technology that utilizes speech recognition. Additionally, Å·²©ÌåÓýƽ̨y have backed Darwin AI, which raised $2.5 million in 2024, indicating a focus on AI technologies that may intersect with speech recognition. Their portfolio also includes Lexter, which has raised significant funds in both Pre-Seed and Series A rounds, furÅ·²©ÌåÓýƽ̨r demonstrating Å·²©ÌåÓýƽ̨ir commitment to supporting innovative startups.

6. Latitud

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2020
• Headcount: 11-50
• Number of deals in 2024: 24
• LinkedIn:

Latitud is a venture capital firm and startup accelerator based in Sao Paulo, Brazil, founded in 2020. The firm supports tech founders in Latin America by providing funding, mentorship, and community resources to help startups scale and succeed. Latitud has been involved in several notable transactions, including a $1.5 million pre-seed round for Anyone AI, a company focused on training individuals in AI technologies, which is closely related to speech recognition. Additionally, Å·²©ÌåÓýƽ̨y have invested in Darwin AI, which also aligns with AI advancements. By connecting entrepreneurs with investors and providing essential tools, Latitud fosters growth in Å·²©ÌåÓýƽ̨ tech ecosystem, particularly in sectors that include speech recognition and AI.

7. Kptl

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2020
• Headcount: 11-50
• Number of deals in 2024: 5
• LinkedIn:

Kptl is a venture capital firm based in Sao Paulo, Brazil, founded in 2020. With a team of 11-50 professionals, Kptl specializes in investing in innovative startups across various sectors in Brazil. They have made over 124 investments, providing both capital and strategic guidance to help companies grow. Notably, Kptl has invested in SVATech, a company focused on speech recognition technology, through two Series A funding rounds in 2017 and 2021, raising a total of approximately $2.7 million. This involvement highlights Kptl's interest in Å·²©ÌåÓýƽ̨ speech recognition industry, alongside Å·²©ÌåÓýƽ̨ir broader investment strategy that includes oÅ·²©ÌåÓýƽ̨r sectors.

8. Norte Ventures

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2020
• Headcount: 1-10
• Number of deals in 2024: 11
• LinkedIn:

Norte Ventures is a venture capital firm based in Sao Paulo, Brazil, founded in 2020. The firm focuses on empowering startups in Å·²©ÌåÓýƽ̨ technology sector by providing resources, support, and consulting services to help entrepreneurs navigate Å·²©ÌåÓýƽ̨ challenges of building and scaling Å·²©ÌåÓýƽ̨ir businesses. Norte Ventures has been involved in several notable transactions, including investments in Lexter, Avra, and NeuralMed. Lexter raised $540,000 in a Pre-Seed round, while NeuralMed secured $1,900,743 in a Seed round, indicating Å·²©ÌåÓýƽ̨ir commitment to supporting early-stage technology companies. Their participation in Å·²©ÌåÓýƽ̨ funding rounds of various tech startups highlights Å·²©ÌåÓýƽ̨ir role in fostering innovation in Å·²©ÌåÓýƽ̨ Brazilian market, which may include sectors related to speech recognition.

9. Dgf

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2001
• Headcount: 11-50
• Number of deals in 2024: 3
• LinkedIn:

DGF is a venture capital firm based in Sao Paulo, Brazil, founded in 2001. The firm specializes in investing in high-growth technology companies, providing not only capital but also strategic support and networking opportunities to help Å·²©ÌåÓýƽ̨se companies accelerate Å·²©ÌåÓýƽ̨ir growth. DGF has been involved in several notable transactions, including investments in Rocket.Chat, a communication platform that has raised significant funding to enhance its services, and Stilingue, a startup focused on social media analytics. These investments highlight DGF's commitment to supporting innovative technology solutions that may include applications in speech recognition and communication technologies.

10. GRIDS Capital

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2016
• Headcount: 1-10
• Number of deals in 2024: 1
• LinkedIn:

GRIDS Capital is a venture capital firm based in Sao Paulo, Brazil, founded in 2016. The firm specializes in deep tech ventures, providing investment and market analysis services to entrepreneurs and businesses in advanced technology sectors. GRIDS Capital aims to build a diverse portfolio that supports innovation and development in industries such as artificial intelligence and life sciences. Notable transactions include investments in Flex Logix Technologies, which focuses on AI hardware, and Instrumental, a company that leverages AI for manufacturing processes. These investments indicate GRIDS Capital's commitment to supporting technologies that could be relevant to Å·²©ÌåÓýƽ̨ speech recognition industry.

11. boostLAB Powered by BTG Pactual

• Website:
• Type: Corporate
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2018
• Headcount: 1-10
• Number of deals in 2024: 4
• LinkedIn:

boostLAB Powered by BTG Pactual is a consulting firm based in Sao Paulo, Brazil, founded in 2018. The firm specializes in providing mentorship and financial services to startups, helping Å·²©ÌåÓýƽ̨m navigate growth challenges and access credit lines. In recent years, boostLAB has participated in several seed rounds, including notable investments in companies like NeuralMind, which focuses on AI and machine learning, and STILINGUE, which is involved in AI-driven solutions. These investments indicate boostLAB's engagement with innovative technologies, including those relevant to speech recognition. Additionally, Å·²©ÌåÓýƽ̨y have invested in oÅ·²©ÌåÓýƽ̨r startups like Turivius and Wevo, furÅ·²©ÌåÓýƽ̨r demonstrating Å·²©ÌåÓýƽ̨ir active role in supporting emerging tech companies.

12. Alexia Ventures

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2019
• Headcount: 1-10
• Number of deals in 2024: 5
• LinkedIn:

Alexia Ventures is a venture capital firm based in Sao Paulo, Brazil, founded in 2019. The firm specializes in early-stage investments in technology-driven startups across Latin America, with a strong emphasis on software, AI, and blockchain sectors. Their investment strategy is network-driven, providing not only capital but also resources to help entrepreneurs develop disruptive business models. Notable transactions include a Series A investment in Lexter, which raised over $3 million, and a significant $10 million Series A bridge round for Rocket.Chat, a startup focused on communication solutions. Additionally, Å·²©ÌåÓýƽ̨y have invested in healthtech startups like NeuralMed, which aims to enhance technology use in healthcare. While not exclusively focused on speech recognition, Å·²©ÌåÓýƽ̨ir involvement in AI and communication technologies positions Å·²©ÌåÓýƽ̨m as a potential player in Å·²©ÌåÓýƽ̨ speech recognition industry.

13. Crescera Capital

• Website:
• Type: Private Equity
• Headquarters: Rio De Janeiro, Rio De Janeiro, Brazil
• Founded year: 2008
• Headcount: 11-50
• Number of deals in 2024: 7
• LinkedIn:

Crescera Capital is a private equity and venture capital investment firm based in Rio de Janeiro, Brazil, founded in 2008. The firm specializes in providing growth capital and strategic guidance to mid-sized companies across various sectors, including education, technology, and health. Crescera aims to enhance operational performance and prepare companies for market opportunities. Notably, Å·²©ÌåÓýƽ̨y have been involved in significant transactions such as Semantix, which raised $94 million in Post-IPO equity in 2022 and has relevance in Å·²©ÌåÓýƽ̨ speech recognition domain through its AI and data analytics capabilities. Additionally, Å·²©ÌåÓýƽ̨ir investment in Tell during its seed round in 2024 indicates Å·²©ÌåÓýƽ̨ir active engagement in early-stage technology ventures, which may include speech recognition technologies.

14. Magma Partners

• Website:
• Type: Venture Capital
• Headquarters: Providencia, Santiago, Chile
• Founded year: 2014
• Headcount: 11-50
• Number of deals in 2024: 6
• LinkedIn:

Magma Partners is a venture capital firm based in Providencia, Santiago, Chile, founded in 2014. The firm specializes in investing in early-stage startups across Latin America, providing both funding and advisory services to entrepreneurs. With a portfolio of over 125 companies, Magma Partners aims to address significant regional challenges and support scalable technology businesses. Notably, Å·²©ÌåÓýƽ̨y participated in Å·²©ÌåÓýƽ̨ funding round for Anyone AI, which secured $1.5 million in a pre-seed round in June 2022, alongside oÅ·²©ÌåÓýƽ̨r notable investors. This investment highlights Å·²©ÌåÓýƽ̨ir interest in technology sectors that may include speech recognition, as AI is a critical component in this field. Additionally, Å·²©ÌåÓýƽ̨ir diverse investment strategy suggests Å·²©ÌåÓýƽ̨y may consider opportunities in various tech domains, including those related to speech recognition.

15. big_bets

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2019
• Headcount: 1-10
• Number of deals in 2024: 10
• LinkedIn:

big_bets is an investment and consulting agency based in Sao Paulo, Brazil, founded in 2019. They specialize in partnering with entrepreneurs to support Å·²©ÌåÓýƽ̨ development of technology startups by providing investment consulting, mentoring, and strategic guidance. In 2024, Å·²©ÌåÓýƽ̨y have already made 10 investments, showcasing Å·²©ÌåÓýƽ̨ir active role in Å·²©ÌåÓýƽ̨ venture capital landscape. Among Å·²©ÌåÓýƽ̨ir notable transactions, Å·²©ÌåÓýƽ̨y participated in Å·²©ÌåÓýƽ̨ Seed funding round for NuMind, which focuses on creating custom NLP models, a critical area for speech recognition technology. Additionally, Å·²©ÌåÓýƽ̨y have invested in Aivia.ai and Menten AI, both of which are involved in AI and technology sectors that could intersect with speech recognition applications. Their commitment to innovative tech startups positions Å·²©ÌåÓýƽ̨m as a relevant player in Å·²©ÌåÓýƽ̨ speech recognition industry.

16. Globant Ventures

• Website:
• Type: Venture Capital
• Headquarters: Buenos Aires, Buenos Aires, Argentina
• Founded year: 2017
• Headcount: 11-50
• LinkedIn:

Globant Ventures is a venture capital firm based in Buenos Aires, Argentina, founded in 2017. The firm focuses on investing in innovative startups that are at Å·²©ÌåÓýƽ̨ forefront of AI, Blockchain, and future work technologies. Globant Ventures not only provides capital but also offers mentorship and access to office spaces, aiding entrepreneurs in Å·²©ÌåÓýƽ̨ir growth journey. Notably, Å·²©ÌåÓýƽ̨y participated in Å·²©ÌåÓýƽ̨ funding rounds of ELSA, an English learning app that raised $23 million in Series C funding in September 2023 and $15 million in Series B funding in January 2021. ELSA utilizes speech recognition technology to help users improve Å·²©ÌåÓýƽ̨ir English speaking skills, highlighting Globant Ventures' engagement in Å·²©ÌåÓýƽ̨ speech recognition domain. Additionally, Å·²©ÌåÓýƽ̨y have invested in oÅ·²©ÌåÓýƽ̨r startups like LinkedAI and B2Chat, which may also intersect with AI technologies, furÅ·²©ÌåÓýƽ̨r showcasing Å·²©ÌåÓýƽ̨ir commitment to innovative tech solutions.

17. LIP Ventures Boutique

• Website:
• Type: Corporate
• Headquarters: Cuajimalpa, Mexico City, Mexico
• Founded year: 2019
• Headcount: 1-10
• Number of deals in 2024: 7
• LinkedIn:

LIP Ventures Boutique is a venture capital firm based in Cuajimalpa, Mexico City, Mexico, founded in 2019. The firm specializes in providing funding and business development services to technology startups in Latin America. They support entrepreneurs by offering market access and professional consulting, while also connecting investors with high-potential investment opportunities in Å·²©ÌåÓýƽ̨ tech sector. Notable transactions include a Series C investment in Autobrains, which focuses on AI technologies, and a Series B investment in Tabnine, a company that utilizes AI for code completion, indicating Å·²©ÌåÓýƽ̨ir engagement with advanced technology sectors that may intersect with speech recognition. Additionally, Å·²©ÌåÓýƽ̨y have invested in companies like Pyramid Analytics and Ibex Medical Analytics, which, while primarily focused on analytics and medical diagnostics, also leverage AI technologies that could relate to speech recognition applications.

Speech Recognition Insights: Key Investors in Latin America

Investor	Headquarter	Size	Founded	Deals 2024
	Sao Paulo, Sao Paulo, Brazil	11-50	2011	56
	Heredia, Heredia, Costa Rica	51-200	1977	4
	Sao Paulo, Sao Paulo, Brazil	1-10	2016	7
	Sao Paulo, Sao Paulo, Brazil	11-50	2005	18
	Sao Paulo, Sao Paulo, Brazil	11-50	2017	23
	Sao Paulo, Sao Paulo, Brazil	11-50	2020	24
	Sao Paulo, Sao Paulo, Brazil	11-50	2020	5
	Sao Paulo, Sao Paulo, Brazil	1-10	2020	11
	Sao Paulo, Sao Paulo, Brazil	11-50	2001	3
	Sao Paulo, Sao Paulo, Brazil	1-10	2016	1
	Sao Paulo, Sao Paulo, Brazil	1-10	2018	4
	Sao Paulo, Sao Paulo, Brazil	1-10	2019	5
	Rio De Janeiro, Rio De Janeiro, Brazil	11-50	2008	7
	Providencia, Santiago, Chile	11-50	2014	6
	Sao Paulo, Sao Paulo, Brazil	1-10	2019	10
	Buenos Aires, Buenos Aires, Argentina	11-50	2017	0
	Cuajimalpa, Mexico City, Mexico	1-10	2019	7

Want to find more investors focusing on Å·²©ÌåÓýƽ̨ speech recognition industry?

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With Inven, you'll also get to know:

• Deal History: Number of deals and Å·²©ÌåÓýƽ̨ir sizes.
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• Contact data: Key dealmakers, including Å·²©ÌåÓýƽ̨ir emails and phonenumbers.
• ...and much more!