Mexico City is home to nine unicorn startups, primarily in the fintech and retail sectors. The financial technology platform Plata reached a $3B valuation just two years after its founding.
The used car platform Kavak has attracted $2.9B in funding, showing significant investor interest in the local market. These companies highlight the city's growing influence in Latin America's tech landscape.
Below is the full list of 9 Mexico City unicorn startups at this time.
Top 9 Most Valuable Mexico City Unicorns
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2,189 Accelerators & Incubators
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1,600+ Unicorns
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250 BioTech & Health Investors
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250 AI Investors
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250 Fintech Investors
List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Plata provides a credit card that comes with a customized rewards program, all managed through its fintech platform. Their service is built around a buy-now-pay-later model, giving users a modern way to access and manage credit.
| Valuation | $3B (Joined March 2025) |
| Year Founded | 2023 |
| Founders | Danil Anisimov, Neri Tollardo |
| Funding Amount | $685M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series B |
| Top Investors | TelevisaUnivision, Fasanara Capital, Kora, Hedosophia, Spice Expeditions |
Bitso runs a cryptocurrency exchange platform that allows users to buy, sell, and use digital currencies. They are a major FinTech company in Latin America, focused on providing accessible crypto-powered financial services to the region.
| Valuation | $2.2B (Joined May 2021) |
| Year Founded | 2014 |
| Founders | Ben Peters, Daniel Vogel, Pablo Gonzalez |
| Funding Amount | $314.5M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series C |
| Top Investors | Bond, Paradigm, Coatue, Pantera Capital, QED Investors |
Kavak operates an e-commerce platform that simplifies buying and selling pre-owned vehicles. Their service brings security and transparency to the used car market by providing comprehensive vehicle inspections and managing the financing process.
| Valuation | $2.2B (Joined October 2020) |
| Year Founded | 2016 |
| Founders | Carlos Julio Garcia, Loreanne Garcia, Roger Laughlin |
| Funding Amount | $2.9B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Private Equity |
| Top Investors | General Catalyst, Bond, HSBC, General Atlantic, QED Investors |
Clip built a comprehensive digital payments and commerce platform specifically for the Mexican market. They provide businesses with point-of-sale hardware and software tools to accept all major payment methods.
| Valuation | $2B (Joined June 2021) |
| Year Founded | 2012 |
| Founders | Adolfo Babatz, Vilash Poovala |
| Funding Amount | $553.7M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Endeavor Catalyst, Morgan Stanley, General Atlantic, 500 Global, HSBC |
Konfio has built a digital platform that provides financial services and business tools for companies in Mexico. Their offerings include business credit, payment solutions, and a management platform to help small and medium-sized enterprises grow.
| Valuation | $1.3B (Joined September 2021) |
| Year Founded | 2013 |
| Founders | David Arana, Francisco Padilla |
| Funding Amount | $1.1B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series E |
| Top Investors | Citi, Lightrock, International Finance Corporation, Goldman Sachs, QED Investors |
Merama acquires and partners with e-commerce brands across Latin America, providing the capital and expertise to scale their businesses. They specialize in helping digitally native companies grow through support in marketing, supply chain management, and international expansion.
| Valuation | $1.2B (Joined December 2021) |
| Year Founded | 2020 |
| Founders | Felipe Delgado, Olivier Scialom, Olivier Scialom, Sujay Tyle |
| Funding Amount | $743.5M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | JP Morgan, BroadLight Capital, Advent International, Balderton Capital, Citi |
Stori provides credit card products aimed at expanding financial inclusion for underserved consumers in Mexico. Their service offers a pathway for individuals to access credit and build a financial history, often for the first time.
| Valuation | $1.2B (Joined July 2022) |
| Year Founded | 2019 |
| Founders | GY Liu, Manuel Medina, Marlene Garayzar |
| Funding Amount | $661.6M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Vision Plus Capital, Goodwater Capital, Lightspeed Venture Partners, Goldman Sachs, General Catalyst |
Kapital builds a comprehensive financial platform for businesses in Latin America to manage their finances. Their all-in-one service integrates a business bank account, corporate credit cards, and expense management software.
| Valuation | $1B |
| Year Founded | 2020 |
| Founders | Arjun Sethi, Eder Echeverria, Fernando Sandoval, René Saul |
| Funding Amount | $471.1M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series C |
| Top Investors | Tribe Capital, Cervin Ventures, Y Combinator, Alumni Ventures, Pioneer Fund |
Grupo Axo partners with prominent international brands to bring fashion, accessories, and home goods to consumers in Mexico. They manage a large portfolio of brands through a network of physical retail stores and dedicated e-commerce sites.
| Valuation | $1B |
| Year Founded | 1994 |
| Founders | Alberto Fasja Cohen |
| Funding Amount | — |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Private Equity |
| Top Investors | General Atlantic, BlackRock Private Equity Partners |