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Unicorn startups in Mexico (Aug, 2026)

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A unicorn is a startup marked at USD 1 Billion or more. These are highly innovative and market disruptive startups. Mexico has more than 24.6K+ startups. Of these, 10 have become Unicorns, with the latest entrant to the club being Platacard on Mar 11, 2025. In 2026, Mexico has seen no new unicorn startups.
Globally, Mexico is number 20 in terms of total Unicorns created, behind Japan (10 unicorns) at rank 19 and Ireland (10 unicorns) at rank 18. Mexico City leads the list of cities in Mexico with most unicorns at 6. It is followed by Miguel Hidalgo (2 unicorns) and Lerma de Villada (1 unicorn). Among sectors, FinTech has seen the most unicorns created at 4, followed by Consumer at 4, and Retail at 3
Here is a list of all 10 unicorns created in Mexico:
Platacard joined the Unicorn Club on Mar 11, 2025 after raising a $160M Series A funding round led by Kora, valuing it at $1.5B.
Provider of credit cards with cashback rewards and installment payment options. The company offers credit cards that allow users to earn cashback on purchases within selected categories. It also provides the option to convert transactions into monthly installments with interest. The company offers a mobile application for managing payments, transfers, and card-related activities.

Key facts about Platacard

Stori joined the Unicorn Club on Jul 15, 2022 after raising a $50M Series C funding round led by BAI Capital, Tresalia Capital, valuing it at $1.2B.
Screenshot of the website of Stori
Provider of credit cards and deposit accounts without credit history. It offers various credit card options with benefits like cashback rewards. The company also provides deposit accounts with interest-earning potential and loan services. These financial products aim to help individuals manage their finances.

Key facts about Stori

  • Founded Year: 2018
  • Location: Miguel Hidalgo (Mexico)
  • Stage: Series C
  • Primary Sector: Payments
  • Time to Unicorn: 4 years 6 months
  • Top investors : GIC, DHVC
  • Valuation: $*****
  • Total Funding till date: $332M
  • Employee Count: 893 as on Jun 30, 2026
  • Latest Funding Round: Conventional Debt, Aug 06, 2024, $*****
Nowports joined the Unicorn Club on May 24, 2022 after raising a $150M Series C funding round led by SoftBank Latin America Fund, valuing it at $1.1B.
Screenshot of the website of Nowports
Tech-enabled freight forwarding service provider. It is a digital platform that allows users to book multi-modal freight forwarding services. Its features include live shipment tracking, shipment history reports, transparent rates prior to shipping, communication between clients and suppliers, optimized routing, and visibility into cargo handling. It caters to the automotive, cleaning, furniture, refrigeration, and dairy products industries. Its client include Grin Scooters.

Key facts about Nowports

  • Founded Year: 2018
  • Location: Monterrey (Mexico)
  • Stage: Series C
  • Primary Sector: Logistics Tech
  • Time to Unicorn: 4 years 4 months
  • Top investors : Paul Buchheit, SoftBank Group
  • Valuation: $*****
  • Total Funding till date: $243M
  • Employee Count: 276 as on Jun 30, 2026
  • Latest Funding Round: Series C, May 24, 2022, $*****
Tuhabi joined the Unicorn Club on May 13, 2022
Screenshot of the website of Tuhabi

Key facts about Tuhabi

Merama joined the Unicorn Club on Dec 09, 2021 after raising a $60M Series B funding round led by Advent International, SoftBank Group, valuing it at $1.2B.
Screenshot of the website of Merama
Platform acquiring eCommerce businesses. The company invests in the business and becomes a strategic partner. The company leveraging the business by exporting brands to Latam and the US, marketing optimization, cost optimization, automating processes & standardized suppliers, and more. The platform also allows the business owners to exit the business by cash-out for the portion of shares sold.

Key facts about Merama

Konfío joined the Unicorn Club on Sep 29, 2021 after raising a $110M Series E funding round led by Tarsadia, QED Investors, valuing it at $1.3B.
Screenshot of the website of Konfío
Financial solutions platform provider. It offers invoice financing, microloans, business credit lines, SME credits, and more. It also provides a virtual credit card and offers a tool for accessing the credit score and credit history of the business.

Key facts about Konfío

4. Clip

Clip joined the Unicorn Club on Jun 10, 2021 after raising a $250M Series D funding round led by SoftBank Latin America Fund, Viking Global Investors, SoftBank Group, valuing it at $2B.
Screenshot of the website of Clip
Provider of point-of-sale terminals and digital payment solutions for businesses. The company offers various terminals and tools for managing transactions. These include inventory management, digital catalogs, payment links, and online payment processing. Additionally, the company provides options for business loans and customer support.

Key facts about Clip

Bitso joined the Unicorn Club on May 05, 2021 after raising a $250M Series C funding round led by Tiger Global Management, Coatue, valuing it at $2.2B.
Screenshot of the website of Bitso
Online trading and exchange platform for cryptocurrency. The platform enables users to buy and sell digital currencies through app-based and web platforms. It supports a wide range of digital currencies including Ripple, Bitcoin, Ether, XRP, Litecoin among others. It also provides market analysis charts and insights as a reference to the trader. The app is available on iOS and Android devices.

Key facts about Bitso

  • Founded Year: 2014
  • Location: Mexico City (Mexico)
  • Stage: Series C
  • Primary Sector: Cryptocurrencies
  • Time to Unicorn: 7 years 4 months
  • Top investors : Bond Capital, RAA Capital
  • Valuation: $*****
  • Total Funding till date: $331M
  • Employee Count: 995 as on Jun 30, 2026
  • Latest Funding Round: Series C, May 05, 2021, $*****
Kavak joined the Unicorn Club on Oct 07, 2020 after raising a $225M Series C funding round led by DST Global, Greenoaks, valuing it at $1.15B.
Screenshot of the website of Kavak
Online retailer of certified pre-owned vehicles with financing and services. The business provides a platform for buying, selling, and managing pre-owned cars. It offers certified vehicles and aims to formalize the used car market. The company provides after-sales services and financing options to customers.

Key facts about Kavak

Rappi joined the Unicorn Club on Sep 18, 2018 after raising a $220M Series D funding round led by DST Global, valuing it at $1.1B.
Screenshot of the website of Rappi
Online food ordering and delivery platform. It provides food delivery services from different nearby restaurants. It also enables users to buy medicines, liquor, groceries, and more. Its mobile application is available on Android and iOS platforms.

Key facts about Rappi

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