# MeruTechnology, SAPI de CV

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/merutechnology-sapi-de-cv

- Industry: Internet
- Headquarters: Mexico City, Mexico
- Website: www.meru.com.mx
- Total disclosed funding: $17M
- Latest round: Seed (Jul 10, 2021)
- Investors on record: 6

## About

Founded in 2020 and based in Mexico City, Mexico, MeruTechnology, SAPI de CV, trading under the name Meru operates as an Asian wholesale marketplace for Latin America. The company was co-founded by CEO Manuel Rodriguez Dao, CSO Virgile Fiszman, COOs Federico Moscato and Eduardo Mata. In March 2021, raised USD 2.4 million in Seed funding led by Mountain Nazca.

Meru aims to reduce trade fraud by connecting SMEs in Latin America to reliable manufacturers in Asia. Meru allows the companies to buy their chosen amount of products in their own currency from Asian countries.

## Funding rounds

- Seed, Jul 10, 2021, $15M — Y Combinator, Valor Capital Group, Nazca, FJ Labs, Emles Venture Partners, Marathon Ventures
- Seed, Mar 26, 2021, $2.4M — Nazca

## Investors

- Nazca (https://capitalatlas.ai/funds/nazca) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Valor Capital Group (https://capitalatlas.ai/funds/valor-capital-group) — Seed
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed
- Emles Venture Partners (https://capitalatlas.ai/funds/emles-venture-partners) — Seed
- Marathon Ventures (https://capitalatlas.ai/funds/marathon-ventures) — Seed