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Mendel Analysis: $40M Raised

What is Mendel?

Mendel provides an expense management platform that centralizes and automates financial processes for large companies in Latin America. The platform includes features for real-time expense tracking, invoice recovery, and corporate card management. It serves clients in Mexico, Argentina, and Colombia, focusing on enhancing financial discipline and operational efficiency.

HQ Country
Mexico City, Mexico
Employees
201-500
Founded
2021

Product Features & Capabilities

  • Expense management platform
  • Mendel Travel for business travel management
  • Mendel Cards for expense control
  • Corporate Cards integration
  • Invoice Recovery for automatic data extraction
  • Instant Refunds for employee reimbursements

How much Mendel raised

Funding Round - $40 million

March 25, 2022
Lead Investor: Oak HC/FT, DCM Ventures

Financial Overview

$40MTotal Raised
Funding Round$40 million
March 25, 2022
Investors: Oak HC/FT, DCM Ventures
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