Meru
Av. Insurgentes Sur 2453, Col. Tizapan, Del. Alvaro Obregon, Mexico City, Not specified, Mexico
Overview
Meru operates a marketplace and app that connects local and foreign manufacturers to the supply chain, initially focusing on China–Mexico sourcing and working with quality‑certified factories. The platform guarantees deliveries and aims to remove intermediaries and price asymmetries, allowing customers to select and purchase products in minutes. It has fintech partners to assist with financing and handles logistics, billing, and follow‑up processes. The company participated in Y Combinator's winter 2021 batch and was founded in 2020. Meru reports more than 10,000 registered users, seven product categories, and has scaled from six employees in August (at launch) to 210 employees across China and Mexico. It is growing revenue 40%–50% monthly and plans to use new capital to add verticals and categories, advance technology, and scale the team as it pursues becoming the "Alibaba" of Latin America.
- Total raised
- $15M
- Funding rounds
- 1
- Latest round
- Series A
- Latest activity
- Dec 2021
Industries
- Automotive
- Consulting
- E-Commerce
- Information Technology
- Supply Chain Management
Recent funding
Series A
Dec 2021
$15M