Mendel logo — Empodera a tus colaboradores mientras mantienes las finanzas...

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
Employees 232
Industries B2B, Finance, Information Technology
Funding Stage Series B
Business Model B2B, SaaS, Platform
Revenue Model Subscription, Service Fee, Usage Based
Social

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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 🚀

Business keywords: 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 $35.00M 6
Industry Ventures, Infinity Ventures +4
28 Mar 2025
Series A $10.00M 4
Better Tomorrow Ventures, Industry Ventures +2
07 Nov 2022
Debt Financing $50.00M 1
Victory Park Capital
07 Nov 2022
Series A $15.00M 5
Keri Gohman, Miguel Santos +3
02 Dec 2021
Debt Financing $20.00M -
02 Dec 2021
Seed Round Undisclosed -
27 Apr 2021

Mendel Alternatives & Competitors

View All Alternatives
Mendel vs
Pluto
Pluto United States

The AI-Powered Corporate Card & Finance Super App for UAE SMEs⚡️

Seed
56 employees
B2B, Financial Services
Mendel vs

Next-Generation, AI-Powered Expense Management

42 employees
AI, Finance
Mendel vs
Vendrix
Vendrix United States

Vendrix is the first spend management platform built for construction companies. Construction spen...

6 employees
Finance, Financial Services

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 B2B, Finance and Information Technology. Its work centres on Expense Management, Financial Optimization, Corporate Finance and Digital Transformation. Its customers include CFOs, Financial Controllers and Large companies.
Mendel has a B2B, SaaS and Platform business model. Its revenue comes from Subscription, Service Fee and Usage Based.
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 Pluto, Masraff | Intelligent Spend Management, Vendrix, Tahsildar, Serrala. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Mendel and Pluto 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.

Source: BounceWatch company record for Mendel, https://bouncewatch.com/company/mendel, updated 19 March 2026. When citing, please name BounceWatch and link this page.

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