#Latinamerica
A dream team of investors for México Jeeves
A dream team of investors. México Jeeves, an “all-in-one expense management platform” for global startups, is emerging from stealth today.
A dream team of investors. México Jeeves, an “all-in-one expense management platform” for global startups, is emerging from stealth today with $131 million in total funding, including $31 million in equity and $100 million in debt financing.
The $31 million in equity consists of a new $26 million Series A and a previously unannounced $5 million seed round.
Andreessen Horowitz led the Series A funding, which also included participation from YC Continuity Fund, Jaguar Ventures LP, Urban Innovation Group, Uncorrelated Ventures, Clocktower Group, Stanford University, 9Yards Capital and BlockFi Ventures.
A high-profile group of angel investors also put money in the round, including NFL wide receiver Larry Fitzgerald and the founders of five Latam unicorns — Nubank CEO David Velez, Kavak.com CEO Carlos Garcia, Rappi co-founder Sebastian Mejia, Bitso CEO Daniel Vogel and Loft CEO Florian Hagenbuch. Justos’ Ricardo Weder also participated in this round and Plaid co-founder William Hockey put money in the $5 million seed funding that closed in 2020 after the company completed the YC Summer 2020 batch.
Fully Remote
The “fully remote” Jeeves describes itself as the first “cross country, cross currency” expense management platform. The startup’s offering is currently live in Mexico — its largest market — as well as Colombia, Canada and the U.S., and is currently beta testing in Brazil and Chile.
Beyond the Law.News was not informed of nor could it verify the name of the law firms representing or acting on behalf of the parties.
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