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Mendel

Empodera a tus colaboradores mientras mantienes las finanzas corporativas bajo control.

Founded 2021 Mexico Mexico 232 employees Series B Total: $130.00M B2B, Finance +1

General Information

Company Name Mendel
Founded Year 2021
Location Mexico Mexico +1
Employees 232
Industries B2B, Finance, Information Technology
Funding Stage Series B
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About Mendel

Mendel is a technology company that specializes in simplifying and optimizing financial management for large enterprises in Mexico and Latin America. Their solutions are designed to empower employees while maintaining corporate financial control. Through their flexible and secure offerings, Mendel aims to restore agility to major enterprises, facilitating the digitalization of their financial processes and enhancing payment flow transparency.

Founded in 2021, Mendel is at the intersection of B2B, Finance, and Information Technology. Their flagship products, including a robust technological platform and smart credit cards, position the company as a pivotal suite for financial and technology decision-makers.

Supported by prominent investors such as Base10, PayPal Ventures, Infinity Ventures, Hi Ventures, Industry Ventures, and Endeavor Catalyst, Mendel successfully closed a Series B funding round in March 2025, securing an investment of $35 million.

The company's headquarters are located in Mexico, affirming its strong regional focus. Mendel champions the mantra "No magic, just Mendel." #SomosMendel 🚀

Taxonomy: Expense Management, Financial Optimization, Corporate Finance, Digital Transformation, Financial Technology, B2B Solutions, Payment Transparency, Smart Credit Cards, Financial Agility, Investment-backed, Technological Platform, Corporate Payment Solutions, Financial Process Efficiency, Invoice Automation

Services & Products

Expense management platform
Mendel Travel
Mendel Cards
Invoice recovery
Reimbursements
Corporate Visa Cards

Target Customers

CFOs Financial Controllers Large companies Logistics industry Healthcare and pharmacy

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 6
Investor Investor Investor Investor
•••• ••••
28 Mar 2025
Series A •••••• 4
Investor Investor Investor Investor
07 Nov 2022
Debt Financing •••••• 1
Investor
07 Nov 2022
Series A •••••• 5 •••• •••• 02 Dec 2021
Debt Financing •••••• - 02 Dec 2021

View All 6 Funding Rounds

Mendel Alternatives & Competitors

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KLYM
KLYM Colombia

Creamos un sistema de financiamiento diseñado para propulsar negocios.

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FAQ About Mendel

Empodera a tus colaboradores mientras mantienes las finanzas corporativas bajo control.
Mendel was founded in 2021.
Mendel is headquartered in Mexico.
Mendel operates in the following industries: B2B, Finance, Information Technology.
Mendel has approximately 232 employees.
Mendel has completed 6 funding rounds, raising a total of $130.00M. The latest funding stage is Series B.
Mendel offers: Expense management platform, Mendel Travel, Mendel Cards, Invoice recovery, Reimbursements, Corporate Visa Cards.
Top alternatives and competitors to Mendel include Indiga Company, TecnoWeb LatAm, KLYM, Sestrategic, Reba. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Mendel and Indiga Company are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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