Learn how to validate your startup idea by pre-selling it, for only $80 (includes a free 1-hour consultancy call).
Download Our List of The Top 100 Accelerators & Incubators

This free sheet contains 100 accelerators and incubators you can apply to today, along with information about the industries and stages they generally invest in.

100 Accelerators & Incubators
Download The List of the 100 Highest-Valued Unicorns

This free sheet contains all the information about the top 100 unicorns, including their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

100 Top Unicorns
Download The List of the 100 Highest-Valued Unicorns

This free sheet contains all the information about the top 100 unicorns, including their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

100 Top Unicorns
Get Free Access to The Founder's Handbook

This free Notion document contains the best 100+ resources you need for building a successful startup, divided in 4 categories: Fundraising, People, Product, and Growth.

The Founder's Handbook

The 8 Unicorns Founded in Mexico [Updated 2023]

Many businesses will use your D-U-N-S Number to access your company’s Dun &
Bradstreet credit profile to help evaluate you as a partner.

Get your D-U-N-S® Number fast →

Have you ever wondered which private companies in Mexico have the highest valuations?

You’re not alone.

There are lots of unicorn companies there, and it can be difficult to keep track of them all.

We've decided to take a deep dive and put together a list containing 8 Mexico unicorn startups, from highest to lowest valuation.

The 8 Unicorns in Mexico

Accelerators & Incubators List
Sheet
2,658 Accelerators & Incubators

Information about the industries, stages and countries they generally invest in.

Get the Sheet for $50
Complete Unicorns List
Sheet
1,016 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

Get the Sheet for $50
Complete Unicorns List
Sheet
1,016 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

Get the Sheet for $50

1) Kavak

Kavak

KAVAK is a fast-paced marketplace that enables car dealers and private sellers to communicate directly with serious buyers.

Details of the startup:

  • Valuation: $8.70B (October 2020)
  • City: Lerma de Villada
  • Started in: 2016
  • Founders: Carlos Julio Garcia, Roger Laughlin
  • Industries: Automotive, E-Commerce, E-Commerce Platforms, Online Portals
  • Number of employees: 1,000-5,000
  • Funding: $1,188.00M
  • Funding rounds: 6
  • Number of investors: 24

You can find their website here.

2) Bitso

Bitso

Bitso is a cryptocurrency trading platform that facilitates the purchase and sale of bitcoin and other cryptocurrencies.

Details of the startup:

  • Valuation: $2.20B (May 2021)
  • City: Mexico City
  • Started in: 2014
  • Founders: Ben Peters, Daniel Vogel, Pablo Gonzalez
  • Industries: Bitcoin, Cryptocurrency, Financial Exchanges, FinTech
  • Number of employees: 250-500
  • Funding: $314.66M
  • Funding rounds: 9
  • Number of investors: 20

You can find their website here.

3) Clip

Clip

Clip is a payment terminal that enables businesses to accept all electronic payment methods with ease.

Details of the startup:

  • Valuation: $2.00B (June 2021)
  • City: Mexico City
  • Started in: 2012
  • Founders: Adolfo Babatz, Vilash Poovala
  • Industries: E-Commerce, FinTech, Mobile, Mobile Payments, Payments
  • Number of employees: 250-500
  • Funding: $397.36M
  • Funding rounds: 10
  • Number of investors: 16

You can find their website here.

Ad

On Deck's Logo

On Deck is where top talent comes to accelerate their ideas and build companies, surrounded by a world-class community.

4) Konfio

Konfio

Konfio provides digital banking, payments, and software tools designed to boost growth and productivity for small and mid-size enterprises.

Details of the startup:

  • Valuation: $1.30B (September 2021)
  • City: Mexico City
  • Started in: 2013
  • Founders: David Arana, Francisco Padilla
  • Industries: Finance, Financial Services, FinTech, Lending, Software
  • Number of employees: 250-500
  • Funding: $824.59M
  • Funding rounds: 11
  • Number of investors: 17

You can find their website here.

5) stori

stori

Stori Card is a digital platform dedicated to providing underserved customers with digital financial services.

Details of the startup:

  • Valuation: $1.20B (July 2022)
  • State: Distrito Federal
  • City: Mexico City
  • Started in: 2011
  • Founders: Bin Chen, GY Liu, Manuel Medina, Marlene Garayzar, Nick Chen, Sherman He
  • Industries: Apps, Financial Services, FinTech, Information Services, Information Technology
  • Number of employees: 51-100
  • Funding: $399.56M
  • Funding rounds: 8
  • Number of investors: 13

You can find their website here.

6) Merama

Merama

Merama is an e-commerce platform that partners with e-commerce product sellers.

Details of the startup:

  • Valuation: $1.20B (December 2021)
  • City: Lomas de Chapultepec
  • Started in: 2020
  • Founders: Felipe Delgado, Guilherme Nosralla, Olivier Scialom, Renato Andrade, Sujay Tyle
  • Industries: Consumer Goods, E-Commerce, Finance, Retail
  • Number of employees: 100-250
  • Funding: $445.00M
  • Funding rounds: 5
  • Number of investors: 10

You can find their website here.

7) Nowports

Nowports

Nowports is a digital freight forwarder that helps businesses automate their supply chain processes.

Details of the startup:

  • Valuation: $1.10B (May 2022)
  • State: Nuevo Leon
  • City: Monterrey
  • Started in: 2018
  • Founders: Alfonso De los Rios, Maximiliano Casal
  • Industries: Freight Service, Logistics, SaaS, Supply Chain Management
  • Number of employees: 501-1000
  • Funding: $242.60M
  • Funding rounds: 6
  • Number of investors: 25

You can find their website here.

8) Clara

Clara

Spend management from start to finish for Latin American businesses.

Details of the startup:

  • Valuation: $1.00B (December 2021)
  • City: Mexico City
  • Started in: 2020
  • Founders: Diego Garcia, Gerry Giacoman Colyer, Guilherme Penna
  • Industries: B2B, Banking, Credit Cards, Enterprise Software, Payments
  • Number of employees: 100-250
  • Funding: $108.50M
  • Funding rounds: 6
  • Number of investors: 43

You can find their website here.

Many businesses will use your D-U-N-S Number to access your company’s Dun &
Bradstreet credit profile to help evaluate you as a partner.

Get your D-U-N-S® Number fast →
The All-In-One Newsletter for Startup Founders

Every week, I’ll send you Failory’s latest interviews and articles and 3 curated resources for founders. Join +25,000 other startup founders!