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Mendel

Mendel

Private
Mexico CityFinTechhttps://mendel.com/en-mx/

Last Round

Series B

Mar 27, 2025

Est. Valuation

$1.79M

Total Funding Raised

$50.25M

Company Overview

Mendel is a fintech company that provides an enterprise-focused expense management platform and corporate card solution designed to help businesses optimize spending, automate workflows, and gain real-time financial visibility.

Sector

FinTech

Verticals

Accounting & Expense, Digital Payments, Corporate Banking

Business Model

B2B

Customer Profile

Subscription SaaS, Payment Processing Fee

AI Layer

Application

Keywords

spend management platformcorporate cardsexpense managementcorporate travelLatAm FinTechT&E managementAP automationinvoice managementB2B paymentsvirtual cardsAI-powered spend management

Historical Pricing

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Caplight Momentum Score

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Mendel Comparables

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Mendel comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Clara
88%
Onfly
78%
Jeeves
78%

Mendel Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BMar 27, 2025
VC RoundNov 8, 2022
Series ADec 3, 2021
SeedApr 1, 2021
AcceleratorJan 1, 2021

Key People

Founding team and executive leadership

Gonzalo Castiglione

Co-Founder CTO

Founding Team

Ana María Ponce de León Rojo

CFO Country Manager At Mendel

Executive Team

Mendel Investors

Notable investors and investment history

Mendel investors
InvestorRounds
Infinity VenturesSeries B
PayPal VenturesSeries B
Victory Park CapitalVC Round
Antoni & Lelo de Larrea Venture PartnersSeries B, VC Round, Series A
Magma PartnersSeries A
Better Tomorrow VenturesSeries A, VC Round, Seed
Broadhaven Capital PartnersSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 30, 2026

    Launched 'Travel' product in Colombia, its fourth Latin American market.

  • Oct 1, 2025

    Job posting reveals new 'Travel' product vertical in development.

Mendel Filings

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Mendel filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Mendel's valuation, stock price, and market status.

Is Mendel a public or private company?

Mendel is a private company.

What is the current stock price of Mendel?

Mendel is a private company with no public stock price. No recent secondary market data is available.

How much is Mendel worth (valuation)?

Mendel's valuation is estimated at $1.8M based on funding round data.

Can I buy Mendel stock?

Mendel shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Mendel's last funding round?

Mendel's most recent funding round was Series B on March 23, 2021.

Who are the main investors in Mendel?

Key investors in Mendel include Victory Park Capital, Hi Ventures, Y Combinator, Base10 Partners, Industry Ventures.

Will Mendel IPO soon?

No public IPO plans have been announced for Mendel.

How can I track Mendel secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Mendel's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersMexico City
Employee Range147
Year Founded2021
Last FundingMar 27, 2025

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