Three new species of Dahlstedtia, D. burkartii, D. dehiscens, and D. lewisiana, are described from South America, and their relationships with related species are discussed. Dahlstedtia burkartii, from Argentina, has pink flowers with standard straight, whereas D. dehiscens and D. lewisiana, both from Brazil, have purplish to lilac flowers with a reflexed standard petal. A new combination, Dahlstedtia peckoltii, is proposed based on Lonchocarpus peckoltii and a neotype is selected for the latter. Information about geographic distribution and phenology of the species is provided.