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YC alum Mendel, a ‘Ramp for LatAm enterprises,’ raises $35M Series B

TechCrunch LogoTechCrunch3d ago

YC alum Mendel, a ‘Ramp for LatAm enterprises,’ raises $35M Series B - TechCrunch

Quick Summary:

Mexico City-based Mendel has raised $35 million in a Series B round of funding, it tells TechCrunch exclusively.

Corporate spend management platform Mendel last raised in December 2021 — a $15 million Series A round and $20 million in debt — after participating in Y Combinator’s Winter 2021 cohort.

Mendel declined to reveal valuation, with Karpovsky saying only the round reflected “a significant step up” from the company’s previous raise.

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Article Details

Author / Journalist: Mary Ann Azevedo

Category: Technology

Markets:

Topics:

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-27 @ 15:00:00 (3 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 720 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 27370630

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