Funded Commerce and Shopping Startups in Mexico
Across these 32 Mexico-focused commerce and shopping funding entries, FIBRA Macquarie’s $200M (2026-05-04) is the only disclosed round far above the rest,…
Across these 32 Mexico-focused commerce and shopping funding entries, FIBRA Macquarie’s $200M (2026-05-04) is the only disclosed round far above the rest, with the next-largest disclosed amounts at $170M for Merama (2025-04-02) and $100M for Fairplay (2023-04-24). The page also shows a clear temporal cluster: 12 of the 32 disclosed rounds fall between 2022-01-21 and 2023-12-07, and the most recent two deals are within 1 day of each other (Aklara $3M on 2026-06-04 and SPAKIO $1M on 2026-06-03). Geographically, the list is heavily Mexico City–centered: Mexico City appears repeatedly across companies like Merama (2025-04-02, $170M), Aplazo (2024-05-13, $70M), and Kavak (2022-09-20, $810M), alongside one major non-Mexico City outlier in Guadalajara (Pulpos $5M on 2026-04-09). Stage classification is also uneven: “Series Unknown” appears 6 times, while explicit “Seed” and “Pre-Seed” each show up 6 times among the labeled entries, with undisclosed amounts occurring on 6 rows.
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Frequently asked
What’s the largest disclosed round here, and does it dwarf the next tier?
FIBRA Macquarie’s $200M (2026-05-04) is the standout: it sits well above the next-largest disclosed amounts, including Merama’s $170M (2025-04-02) and Fairplay’s $100M (2023-04-24). Most other disclosed rounds are far below that range, such as Aklara’s $3M (2026-06-04) and Avify’s $800K (2023-12-07).
Which timeframe clusters the most rounds in this list?
A sizable concentration appears in the 2022–2023 window: deals span from ioio’s $100K (2022-01-26) through Avify’s $800K (2023-12-07). Within the same general period, large-ticket rounds also stack up, like Valoreo’s $80M (2022-02-22) and 99 Minutos’ $82M (2022-03-02).
Is Mexico City over-represented compared with other cities in the dataset?
Yes. Mexico City entries recur across many rounds, including Aplazo ($70M on 2024-05-13), Merama ($170M on 2025-04-02), and Kavak ($810M on 2022-09-20). Other cities are present but less frequent, such as Guadalajara (Pulpos, $5M on 2026-04-09) and Monterrey (Calii, $23M on 2022-01-21; Orchata, $4M on 2021-08-12).
How much of the list is hard to classify by stage, based on “Series Unknown” or missing/undisclosed amounts?
Stage labeling is incomplete in multiple ways: “Series Unknown” appears on 6 rows (e.g., FIBRA Macquarie $200M on 2026-05-04 and Merama $170M on 2025-04-02), and there are 6 rows with “undisclosed” amounts (e.g., Vasar on 2025-05-05 and Devolut on 2023-08-28). Additionally, 3 rows show blank stage classifications (e.g., Guros on 2021-06-25).
Are there other notable outliers besides FIBRA Macquarie’s $200M?
Kavak’s $810M debt financing on 2022-09-20 is an outlier in disclosed value; it is much larger than other disclosed rounds like Clip’s $50M (2022-09-06) and Valoreo’s $80M (2022-02-22). At the low end, Muralia’s $10K pre-seed (2025-02-20) is the smallest disclosed amount, far below the $50K floor examples like Warehome ($50K on 2021-11-01).
Which entries are in the most recent 90 days of the dataset?
From 2026-04-11 onward, the visible entries are Pulpos ($5M on 2026-04-09), Vasar (undisclosed on 2025-05-05 does not qualify), and then the most recent cluster: Merama ($170M on 2025-04-02) does not qualify either; the qualifying set includes SPAKIO ($1M on 2026-06-03), Aklara ($3M on 2026-06-04), and FIBRA Macquarie ($200M on 2026-05-04). The latest dated entry overall is Aklara on 2026-06-04.
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