Marco secured $12M in Series A funding led by IDC Ventures to revolutionize LatAm SME trade finance.
Mar 19, 2024•over 1 year ago
Amount Raised
$12 Million
Round Type
series a
Investors
Neer VenturesKayyak VenturesMiami AngelsFlorida FundersArcadia FundsSquare One CapitalBarn InvestIdb LabIdc Ventures
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech