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Exclusive: YC alum Mendel, a ‘Ramp for LatAm enterprises,’ raises $35M Series B

Mexico City-based Mendel has raised $35 million in a Series B round of funding, it tells TechCrunch exclusively. Corporate spend management platform Mendel last raised in December 2021 — a $15 million Series A round and $20 million in debt — after participating in Y Combinator’s Winter 2021 cohort. With this latest capital infusion, the startup has brought in a total of $60 million in equity funding and $50 million via a credit facility. Mendel’s mission is straightforward: to reinvent corporate...

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