Mendel

Financial ServicesSeries BMexico City, Mexicomendel.com

Latest round

Series B

Last raised

Mar 2025

Total raised

$35M

Investors

5

About Mendel

I.a. Mendel is a B2B (business to business) corporate spend management company that provides businesses the necessary tools to create their financial management rules through an expense control platform and a smart VISA credit card. The company’s product line includes corporate cards, expense platform, budget control, CFDI (Comprobante Fiscal Digital por Internet) recovery, and ERP integration tools. Mendel offers smart and unlimited visa corporate cards, both physical as well as virtual for businesses to pay their expenses. The firm’s expense platform is a business software suite that centralizes all financial, accounting, and administrative movements in a single place, and provides automated travel expense and operations processes. The budget control tool allows businesses to create and assign budgets based on their expenses and per diem policies. In addition, Mendel offers a CFDI recovery tool that automates invoice recovery for all business expenses.

Who invested in Mendel

5 investors across 1 round

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Funding rounds

  1. Series B

    Mar 27, 2025

    Amount

    $35M

    Investors

    Locked

Questions about Mendel

Who invested in Mendel?

Mendel has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Mendel raised?

Mendel has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Mendel last raise money?

Mendel's most recent round on record is a Series B, in Mar 2025.

What does Mendel do?

Mendel is a financial services company.

Where is Mendel headquartered?

Mendel is headquartered in Mexico City, Mexico.

Which VCs invest in companies like Mendel?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Mendel's stage. Their profiles are linked below.

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