2 SaaS Startups in Mexico

January 24, 2023

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SaaS startups have become the darling of Venture Capital investors, especially in Mexico. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 2 VC funded SaaS startups in Mexico .

Envíoclick

An fully cloud-based logistics solution that connects LATAM-based businesses with logistics providers (including any freight or package courier and fulfillment organizations). Using cutting-edge technology in logistics helps companies maximize the effectiveness of their operations and provide top-notch customer service. operating in Colombia and Mexico. In 2017, the service made its debut in Mexico City.

Company details:
Founders:
Juliana Sarmiento Bernal, Lorena Sanchez Garcia, Raimundo Burguera, Rosa Maria Costes Vélez
Founded:
2017
Based in:
Mexico City, Distrito Federal, Mexico
Website:
Envíoclick
Industries:
Logistics, SaaS, Small and Medium Businesses, Software
Latest funding:
$1,000,000
Seed
1 October 2021
Total funding:
$2,435,000
Investors
G2 Momentum Capital, InnoHub Mexico Venture Builder

Yaydoo

Yaydoo is a platform for automated vendor management that integrates cloud-based procure-to-pay software and AI capabilities. With a platform that integrates hundreds of vendor catalogs and enables businesses to search and compare through thousands of products and services, many of them with pre-negotiated discounts, as well as a virtual procurement assistant that streamlines communication between requesters and vendors, it aids businesses in automating their purchasing process and supply chain. Mobile apps that automate 3-way matching and streamline purchase requests, approval procedures, monitoring of goods receipts, and invoice approval provide its clients complete visibility and control over their workflows. Yaydoo gives every business the opportunity to optimize repetitive operations like updating vendor catalogs, comparing quotes, authorizing purchase requests, estimating demand, tracking deliveries, and managing budgets with an economical, user-friendly, and automated platform.

Company details:
Founders:
Guillermo Treviño, Roberto Flores Riveroll, Sergio Almaguer
Founded:
2017
Based in:
Mexico City, Distrito Federal, Mexico
Website:
Yaydoo
Industries:
Artificial Intelligence, B2B, Enterprise Software, Office Administration, Procurement, SaaS, Software
Latest funding:
$20,400,000
Series A
2 August 2021
Total funding:
$20,400,000
Investors
Alchemist Accelerator, Monashees, LAT VC, SOFTBANK Latin America Ventures, LEAP Global Partners

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