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Nelo: Funding, Investors & Team (Sep 2026)

Nelo develops a mobile application for financial transactions. It began operation on April 8, 2019, with its headquarters in Mexico City.

www.nelo.mx LinkedIn Mexico City, Mexico 11-50 employees
Total raised
$103M
Rounds
2
Latest
Debt Financing
Oct 2022

Nelo has raised $103M across 2 funding rounds on record, the most recent a Debt Financing of $100M announced in Oct 2022.

That round is above the $4.1M median round size for Apps companies tracked on FundedIQ over the last two years.

Nelo Company Profile and Key Stats

Total funding raised
$103M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Debt Financing
$100M in Oct 2022
Employees
11-50
reported band
Headquarters
Mexico City, Mexico

Latest funding round on record: Oct 2022.

Nelo Funding Rounds

Date
Round
Amount
Debt Financing
$100M
Seed
$3.0M

Nelo raised $3.0M in a Seed announced in Apr 2021.

1.5 years later, a Debt Financing of $100M was announced in Oct 2022.

Nelo Founders and Leadership Team

Name
Role
Contact
Kyle Miller
CEO
Locked

Contact details for the Nelo team: 1 of 1 has an email address on file.

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Nelo Funding Compared to Other Apps Startups

Segment
Companies
Median round
2,426
$4.1M
226
$12M

Nelo's latest round of $100M is above the median round in Apps. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Nelo in Apps and Mexico City

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Nelo Funding FAQs

What does Nelo do?

Nelo develops a mobile application for financial transactions. It began operation on April 8, 2019, with its headquarters in Mexico City.

How much funding has Nelo raised?

Nelo has raised $103M across 2 rounds on record. The most recent is a Debt Financing of $100M announced in Oct 2022.

When did Nelo last raise funding?

Nelo's most recent funding round on record is a Debt Financing of $100M, announced in Oct 2022.

Who is the CEO of Nelo?

Kyle Miller is listed as CEO at Nelo.

Where is Nelo headquartered?

Nelo is based in Mexico City, Distrito Federal, Mexico.

How many employees does Nelo have?

Nelo is in the 11-50 employee band.

How does Nelo's funding compare to other Apps startups?

Nelo's latest round of $100M is above the $4.1M median round size for Apps companies on FundedIQ across 2,426 tracked companies over the last two years.

About FundedIQ's Nelo Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Nelo is left off this page rather than filled in.

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