The Venture Codex Logo

The Venture Codex

Yaydoo

Calle 8 No. 58, Col. San Pedro De Los Pinos, Del. Benito Juarez, Mexico City, Distrito Federal, 03800, Mexico

Overview

Yaydoo provides three core products — VendorPlace, P-Card and PorCobrar — to manage cash flow, optimize access to liquidity, and connect businesses to an ecosystem of digital tools. The platform automates procurement, accounts payable and accounts receivable in a simpler, more affordable format aimed particularly at small businesses. Yaydoo operates a SaaS subscription model and plans a freemium offering to build a pool of potential customers it can convert as they scale. The company is investing in product development and exploring working-capital services that use invoice and payment-flow data to surface funding gaps. Yaydoo has grown to over 800 customers (from 200 in Q1 2020) and expanded headcount to about 100 from 30. In the past 12 months over 70,000 companies transacted on the Yaydoo network and total payment volume grew to hundreds of millions of dollars.

Total raised
$20M
Funding rounds
1
Latest round
Series A
Latest activity
Aug 2021

Industries

  • Artificial Intelligence (AI)
  • B2B
  • Enterprise Software
  • Office Administration
  • Procurement
  • SaaS
  • Software
Visit website

Recent funding

  1. Series A

    Aug 2021

    $20M

Team