Mendel
PrivateLast Round
Series B
Mar 27, 2025
Est. Valuation
$1.79M
Total Funding Raised
$50.25M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Mendel is a fintech company that provides an enterprise-focused expense management platform and corporate card solution designed to help businesses optimize spending, automate workflows, and gain real-time financial visibility.
Sector
FinTech
Verticals
Accounting & Expense, Digital Payments, Corporate Banking
Business Model
B2B
Customer Profile
Subscription SaaS, Payment Processing Fee
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Mendel Comparables
Compare Mendel with similar companies based on industry and business-model similarity.
Mendel Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Mar 27, 2025 | ||||
| VC Round | Nov 8, 2022 | ||||
| Series A | Dec 3, 2021 | ||||
| Seed | Apr 1, 2021 | ||||
| Accelerator | Jan 1, 2021 |
Key People
Founding team and executive leadership
Mendel Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Infinity Ventures | Series B |
| PayPal Ventures | Series B |
| Victory Park Capital | VC Round |
| Antoni & Lelo de Larrea Venture Partners | Series B, VC Round, Series A |
| Magma Partners | Series A |
| Better Tomorrow Ventures | Series A, VC Round, Seed |
| Broadhaven Capital Partners | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jun 14, 2026
Added Nwmcdonalds as a customer.
- Jun 14, 2026
Added Mercadolibre Inc as a customer in E-commerce/Technology.
Mendel Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Request accessFrequently Asked Questions
Common questions about Mendel's valuation, stock price, and market status.
Is Mendel a public or private company?
Mendel is a private company.
What is the current stock price of Mendel?
Mendel is a private company, so its shares have no public market price. Caplight tracks Mendel's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Mendel worth (valuation)?
Mendel's valuation is estimated at $1.8M based on funding round data.
Can I buy Mendel stock?
Mendel shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Mendel's last funding round?
Mendel's most recent funding round was Series B on March 27, 2025.
Who are the main investors in Mendel?
Key investors in Mendel include Victory Park Capital, Antoni & Lelo de Larrea Venture Partners, Better Tomorrow Ventures, Hi Ventures, Y Combinator.
Will Mendel IPO soon?
No public IPO plans have been announced for Mendel.
How can I track Mendel secondary market activity?
Caplight tracks bids, offers, and trades in Mendel's shares on secondary markets.