# Mundi Trade

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mundi-trade

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.mundi.io
- Total disclosed funding: $38M
- Latest round: Series A (Sep 25, 2023)
- Investors on record: 17

## About

Based in New York, US and founded in 2020, Mundi Trade, Inc. is a company that provides financial, trade development, strategy, freight, and international trade services through its online platform intended to help small and medium-sized enterprises (SMEs). The company was co-founded by Martin Pustilnick, John Christensen, and Paulina Aguilar Vela. In September 2023, Mundi Trade, Inc. raised USD 15 million in series A funding from Haymaker Ventures, including Asymmetric Capital Partners, Base10 Partners, Colibri Ventures, Gaingels Syndicate, GMO VenturePartners, GSBackers, Mana Ventures, Union Square Ventures, and Upper90.

The company offers services to both exporters and freight forwarders and helps their clients grow their business. It also provides financial, trade development, strategy, freight, and international trade services.

The company generates revenue through commission fees that range from 1% to 2.3% per month on the advanced amount (between 80% and 90% of the invoice value).

The organization plans to use the September 2023 funding to expand its market and introduce its new product offerings.

## Funding rounds

- Series A, Sep 25, 2023, $15M — Union Square Ventures, GMO VenturePartners, Gaingels, Base10 Partners, Haymaker Ventures, Upper90, Mana Ventures, Asymmetric Capital Partners, Square One Capital, Colibri Ventures
- Series A, Dec 20, 2021, $16M — Union Square Ventures, EXOR, FJ Labs, Monex, S.A.B. de C.V., Base10 Partners, AlleyCorp, Upper90, Operator Partners, Andbank Private Bankers, Gilgamesh Ventures
- Seed, Dec 22, 2020, $7.3M — FJ Labs, Base10 Partners

## Investors

- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed, Series A
- Base10 Partners (https://capitalatlas.ai/funds/base10-partners) — Seed, Series A
- Union Square Ventures (https://capitalatlas.ai/funds/union-square-ventures) — Series A
- EXOR — Series A
- Monex, S.A.B. de C.V. — Series A
- AlleyCorp — Series A
- Upper90 (https://capitalatlas.ai/funds/upper90) — Series A
- Operator Partners — Series A
- Andbank Private Bankers — Series A
- Gilgamesh Ventures (https://capitalatlas.ai/funds/gilgamesh-ventures) — Series A
- GMO VenturePartners (https://capitalatlas.ai/funds/gmo-venturepartners) — Series A
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series A
- Haymaker Ventures (https://capitalatlas.ai/funds/haymaker-ventures) — Series A
- Mana Ventures (https://capitalatlas.ai/funds/mana-ventures) — Series A
- Asymmetric Capital Partners (https://capitalatlas.ai/funds/asymmetric-capital-partners) — Series A
- Square One Capital (https://capitalatlas.ai/funds/square-one-capital) — Series A
- Colibri Ventures (https://capitalatlas.ai/funds/colibri-ventures) — Series A