Marco secured $12M in Series A funding led by IDC Ventures to revolutionize LatAm SME trade finance.
Amount Raised
$12 Million
Round Type
Series A
MiamiFinancial ServicesFinanceLendingInvestors
Description
Marco, the trade finance platform catering to the needs of SME exporters in Latin America, has announced the successful closure of a $12 million Series A funding round. The round was led by IDC Ventures, with additional participation from IDB Lab, Barn Invest, SquareOne Capital, Arcadia Funds, Florida Funders, Miami Angels, Kayyak Ventures, and Neer Ventures, among others.
Quick answer
Marco raised $12 Million in a Series A round, dated March 19, 2024. Investors: Neer Ventures, Kayyak Ventures, Miami Angels, Florida Funders, Arcadia Funds, Square One Capital, Barn Invest and IDB Lab. Marco is based in Miami, Florida, United States.
- How much did Marco raise?
- Marco raised $12 Million in a Series A round on March 19, 2024.
- Who invested in Marco?
- Neer Ventures, Kayyak Ventures, Miami Angels, Florida Funders, Arcadia Funds, Square One Capital, Barn Invest and IDB Lab are named as investors in this round.
- What does Marco do?
- Marco Financial is a trade finance innovator focusing on supporting SME exporters in Latin America.
- Where is Marco based and how big is it?
- Marco is based in Miami, Florida, United States.
- Who are the decision-makers at Marco?
- Fundz holds 1 contact at Marco, including the CEO & Co-Founder. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Marco that raised within 45 days of this round, from Fundz verified event records.
- Firenze raised $979K (Pre-Seed) on May 2, 2024.
- Battle Financial raised $37M (Seed) on May 1, 2024.
- Dexif raised $4M (Seed) on May 1, 2024.
- Higala raised an undisclosed amount (Seed) on April 29, 2024.
- Blend Labs raised $150M (Series A) on April 29, 2024.
- Canza Finance raised $2.3M (Seed) on April 29, 2024.
Who to call at Marco, and when
A new round usually means Marco is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Marco raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Marco, from your own LinkedIn network
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Funding Insights
What this usually meansMarco raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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