Where is Mendel located?

Mendel is headquartered in Mexico City, Mexico.

How many employees does Mendel have?

As of Sep 30, 2026, the latest employee count at Mendel is 273.

Is Mendel a funded company?

Mendel is a funded company, having raised a total of $81M across 8 funding rounds to date. The company's 1st funding round was a $***** Seed round.

When was the latest funding round of Mendel?

Mendel's latest funding was a $***** Series B round on Mar 27, 2025, with participation from 6 investors.

Where does Mendel rank among its competitors?

Mendel ranks 30th amongst 308 active competitors, of which 55 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was iwoca, which secured $333M in Jul, 2026.

Who are the top competitors of Mendel?

Mendel's top competitors include Navan, Brex and Emburse. Among them, iwoca secured the most recent funding round in July, 2026.

Mendel - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of expense management platform and corporate cards for businesses. The platform centralizes, approves, and monitors expenses. It manages tickets and lodging for business travel. Corporate cards integrate into the platform. Invoice recovery turns receipts into data automatically. Reimbursements can be viewed, managed, and paid easily. The platform offers budget management by setting rules for employee card use. It obtains and validates invoices. The system approves and distributes refunds to employees.

Website: mendel.com/en-mx/
Social
Email ID: *****@somosmendel.com

Key Metrics

Founded Year

2021

Location

Mexico City, Mexico

Stage

Series B

Total Funding

$81M in 8 rounds

Latest Funding Round

Series B, Mar 27, 2025, $*****

Investors

Industry Ventures & 22 more

Ranked

30^th among 308 active competitors

Employee Count

273 as on Sep 30, 2026

Investment & Acquisitions

Te Facturo

Similar Companies

Navan & 406 more

View Mendel's full profile

Mendel has raised a total funding of $81M over 8 rounds. Its latest funding round was a Series B round on Mar 27, 2025 for $*****. 6 investors participated in its latest round. Mendel has 18 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Mendel:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 27, 2025	3974186	Series B	3003005	2726512	7653857	4075068
Nov 07, 2022	1972208	Series A	5388739	7078614	6273580	Infinity Ventures & 1 more
Nov 07, 2022	4793422	Conventional Debt	7365478	6656708	6936490	Industry Ventures & 4 more

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View details of Mendel's funding rounds and investors

The founders of Mendel is Alejandro Zecler.

Here are the details of Mendel's key team members:

Alejandro Zecler: Co-Founder of Mendel.
Contact Info: 1 email address

View details of Mendel's Founder profiles and Board Members

Mendel's employee count trend

Mendel has 273 employees as of Sep 26. Here is Mendel's employee count trend over the years:

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Top competitors of Mendel include Navan, Brex and Emburse. Here is the list of Top 10 competitors of Mendel, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Navan 2015, Palo Alto (United States), Public	Provider of a platform for business travel and expense management	$1.58B	Andreessen Horowitz, Greenoaks & 22 others	80/100
2nd	Brex 2017, San Francisco (United States), Acquired	Provider of financial software platform, cards, banking, expense, and accounting	$1.2B	DST Global, Greenoaks & 70 others	80/100
3rd	Emburse 2002, San Francisco (United States), Acquired	Provider of software for managing corporate travel and expense reporting	$7.5M	Salesforce Ventures, Sherpalo Ventures & 27 others	76/100
4th	Expensify 2008, San Francisco (United States), Public	Provider of expense management software, corporate cards, and travel booking	$27.8M	Redpoint Ventures, OpenView & 11 others	74/100
5th	iwoca 2011, London (United Kingdom), Series D	Provider of flexible business loans and credit card payment services	$84.3M	Intesa Sanpaolo, Prime Ventures & 38 others	70/100
6th	Fyle 2016, Newark (United States), Acquired	Provider of expense management software automating receipt tracking and reconciliation	$15.4M	Pravega Ventures, Tiger Global Management ... & 24 others	69/100
7th	SalarySe 2023, Gurugram (India), Series A	Fintech platform providing financial products including credit cards and salary advances	$16.6M	Pravega Ventures, Flourish & 9 others	67/100
8th	Mesh Payments 2012, New York City (United States), Series C	Provider of payment processing solutions and virtual corporate cards for businesses	$123M	Alpha Wave Global, Tiger Global Management ... & 9 others	66/100
9th	OmniCard 2018, Noida (India), Seed	AI-driven fintech operating system for business payments	$6.64M	Taisys Technologies, Venture Gurukool & 34 others	64/100
10th	ITILITE 2017, Claymont (United States), Series C	Provider of travel, expense, and corporate card management software solutions	$47.2M	Z47, V1.VC & 16 others	64/100
30th	Mendel 2021, Mexico City (Mexico), Series B	Provider of expense management platform and corporate cards for businesses	$81M	Industry Ventures, Broadhaven Ventures & 21 others	54/100