Mexico City

Source: Mexico City-based Kapital, which offers financial visibility tools to SMBs, raised an $86M Series C led by Tribe Capital at a ~$1.3B valuation

Matthew Monks / Bloomberg :

Mexico City-based digital bank Klar raised a $190M Series C led by General Atlantic, including $170M in equity and $20M in debt, valuing the startup at $800M+

Bloomberg :

Mendel, which offers corporate spend management tools for companies in Latin America, raises a $35M Series B led by Base10, bringing its total funding to $60M

Mexico City-based Mendel has raised $35 million in a Series B round of funding, it tells TechCrunch exclusively.

Mexico City-based Kapital, which offers financial visibility tools to SMBs, raised a $40M Series B and $125M in debt, after raising a $20M Series A in May 2023

Christine Hall / TechCrunch :

Mexico City-based Avalor, which helps aggregate, normalize, de-duplicate, and track risk data from discovery to remediation, raised a $25M Series A led by TCV

Kyle Wiggers / TechCrunch :

Mexico City-based used car marketplace Kavak, which is Latin America's biggest startup, raised $810M in debt financing, potentially rising to $1.2B in 2022

Michael O'Boyle / Bloomberg :

Mexico City-based digital bank Klar raises $70M led by General Atlantic at a $500M valuation, following a $70M Series B in July 2021

Mary Ann Azevedo / TechCrunch :

Mexico City-based Zubale, a marketplace for matching gig workers with e-commerce fulfillment jobs in Latin America, raises a $40M Series A led by QED Investors

Mexico City-based online-only supermarket Jüsto raises a $152M Series B led by General Atlantic, after raising a $65M Series A in February 2021

Jüsto, the Mexico City-based online grocer, continues to run on all cylinders with a goal of saturating the Latin American market.

Mexico City-based 99minutos, a logistics service for Latin American e-commerce vendors, raises an $82M Series C led by Oak HC/FT, bringing its funding to ~$129M

Christine Hall / TechCrunch :