Globant

• 1. Introduction

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  Globant is an IT and software development company. In the fourth quarter of 2025-53.8 percent of its revenue came from North America. Another 21.1 percent came from Latin America, 19.3 percent from Europe, and 5.8 percent from what the company calls New Markets.

  Those figures describe a business with reach spread across several regions of the world today. Yet the company did not start that way, and its current headquarters sits nowhere near where it began. A small group of people built Globant from nothing, on a single continent, decades before any of those percentages existed.

  Who built it, and what carried it from one small office to a presence spanning that many regions? What obstacles came with that growth is a question this documentary follows as well.

• 2. Four Founders, One City

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  Martín Migoya, Guibert Englebienne, Martín Umaran, and Néstor Nocetti started Globant together in 2003. They worked out of Buenos Aires, the city where the company still traces its origin. By 2008, the business they had built brought in about 40 million dollars a year in turnover. IDC named Globant one of the region's growing companies that year.

  That same year, Globant bought Accendra, an Argentine software company with 100 employees. The purchase added new operations in Chile and Colombia to the young company's footprint. In December 2008, Globant closed a third round of financing, raising 13 million US dollars from Riverwood Capital and FTV Capital. It also acquired Openware, an Argentine firm focused on security and infrastructure management.

  Four founders and one country's software talent had turned a startup into a company with reach beyond Argentina within five years. The next stage of Globant's growth would reach far beyond Latin America.

• 3. The Acquisition Engine

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  Nextive, a mobile app development company based in San Francisco, became Globant's target in 2011. Bloomberg covered part of that period too, showcasing the working relationship between Globant and Google. A year later, Globant bought TerraForum, a Brazilian company offering consulting on innovation and knowledge management, digital and social media marketing, and software development.

  In 2013, Huddle Group came under Globant's ownership, or most of it. Globant took 86.25 percent of the company, which ran operations in the United States, Argentina, and Chile. Two years later, Clarice Technologies joined the roster, a deal that extended Globant's presence into Asia.

  By 2017, the buying pattern had reached the retail and insurance world. Globant acquired PointSource, an agency built around digital transformation work in retail, supply chain, and insurance. In the same year, it bought Ratio, a company known for video streaming services.

  Belatrix Software, a product development firm, joined Globant in 2019. In January 2020, Globant acquired BiLive in Argentina. Later that year it added grupoAssa, also from Argentina, along with Xappia and Giant Monkey Robot. The Spanish company BlueCap joined before the year ended.

  2021 brought CloudShift from the United Kingdom, the consulting firm Habitant, and the Spanish firm Walmeric into Globant's fold. In May 2023, Pentalog, a digital transformation services company, became the latest addition.

  More than a dozen companies, spread across four continents, had folded into one corporate structure inside two decades. Somewhere in the middle of that buying spree, Globant answered to a stock exchange for the first time.

• 4. Public Listing, Private Bet

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  WPP, the advertising and marketing conglomerate, bought a minority stake in Globant in 2013. A year later, Globant took a bigger step and listed on the New York Stock Exchange.

  That same year, Globant was reportedly set to build a Google Play-like store dedicated to hardware for Project Ara. The plan was cancelled the following year, in 2015.

  Two milestones landed within two years of each other. A stake sold to a global marketing firm came first, then a listing on one of the world's largest stock exchanges. A cancelled hardware store sat quietly between them, a reminder that not every Globant bet worked out. Not every setback made headlines, though one soon would, in a Florida courtroom instead of a boardroom.

• 5. A Lawsuit from Florida

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  Certified Collectibles Group, a collectibles company based in Sarasota, Florida, filed a lawsuit against Globant in federal court in 2019. The suit sought tens of millions of dollars in damages. Certified Collectibles Group argued that Globant's alleged misconduct centered on building a new operating system for the collectibles business. No public resolution appears in Globant's own account of these years. What the record does show is a company that kept expanding through the same period. It added new offices, and eventually, a driver's name to its list of sponsorships.

• 6. Awards and Case Studies

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  In 2005, Globant was named Endeavor Entrepreneur 2005, and Export.ar recognized the company as the Best Services Exporter. That same year, the Sloan School of Management at MIT wrote a case study about the company, titled Leading the IT Revolution in Latin America. Two years later, Global Services Magazine named Globant the Top Emerging Global Services Provider.

  By 2010, the recognition had grown more technical. Globant received the AlwaysON 250 award for technology innovations serving the Global Silicon Valley, in the Cloud and Infrastructure category. In the same year, Gartner named the company a Cool Vendor, in a report called Cool Vendors in Business Process Services 2010.

  FastCompany took a broader view in 2014, featuring Globant among the world's top 10 most innovative companies in South America. The company's yearly financial numbers, tracked from 2010 onward, told another story about its growth.

• 7. Two Decades of Numbers

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  In 2010, Globant reported 57 million dollars in revenue with 1,700 people on staff. Growth compounded quickly. By 2015, revenue reached 258.3 million dollars, and headcount climbed to 5,041. Revenue nearly tripled again by 2018, reaching 522.3 million dollars, with 8,384 employees on the payroll.

  In 2020, Globant reported 814.1 million dollars in revenue and 16,251 employees. A year later, revenue passed the billion dollar mark, reaching 1,297.1 million dollars, with headcount rising to 23,526. By 2023, annual revenue stood at 2,095.9 million dollars, with 29,150 people employed.

  In 2024, revenue reached 2,415.7 million dollars and headcount peaked at 31,280, the highest figure in the company's public record. In 2025, revenue edged up slightly to 2,454.9 million dollars, even as headcount dropped to 28,773, the first such decline in the company's reported numbers. That divergence, more revenue but fewer people on staff, raises a question the source does not answer: what changed inside Globant in 2025?

• 8. Beyond the Balance Sheet

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  In 2019, Globant launched an annual award program called Women that Build. The program honors what the company calls "game-changing women in the STEAM industries."

  Two years later, in October 2021, Globant opened a development center in San Jose, Costa Rica. That center added to a footprint that already spanned several continents.

  Since early 2024, Globant has sponsored Franco Colapinto during his transition into Formula 2 racing. Starting in August of that year, the sponsorship extended into Colapinto's entry into Formula 1. Colapinto's climb through Formula 1 continues beyond 2025, the last year covered in Globant's own published numbers.