What is Marco?
Founded in 2020 and headquartered in Miami, Florida, Marco operates as a pivotal fintech entity, specializing in offering a comprehensive financing platform tailored for Latin American export businesses. The company's core mission revolves around streamlining and facilitating financial transactions for exporters in the region, thereby fostering international trade and economic growth. Marco's innovative approach addresses critical financing gaps, enabling businesses to scale their operations and compete more effectively on a global stage.
How much funding has Marco raised?
Marco has raised a total of $302.2M across 4 funding rounds:
Angel/Seed
$82M
Debt
$200M
Private Equity
$8.2M
Series A
$12M
Angel/Seed (2021): $82M with participation from Flexport Ventures, Kayyak Ventures, Florida Funders, Tresalia Capital, 342 Capital, Fox Ventures, Village Global VC, Antler Elevate, Struck Capital, and Antler
Debt (2023): $200M led by Castlelake and MidCap Financial
Private Equity (2023): $8.2M supported by Arcadia Funds
Series A (2024): $12M featuring Idc Ventures, IDB Lab, Barn Investments, and SquareOne Capital
Key Investors in Marco
Idc Ventures
IDC Ventures is an entrepreneur-driven venture capital firm that focuses on investing in fintech and marketplace companies across Europe, the US, and Latin America, particularly in Brazil and Mexico. The firm supports industry-defining founders from Series A to growth stages, employing a strategic investment approach known as Land, Expand, and Consolidate.
IDB Lab
IDB Lab is the innovation and venture arm of the Inter-American Development Bank Group, focusing on fostering entrepreneurial innovation and disruptive technologies. The organization aims to benefit populations living in poverty and activate new industries for sustainable growth.
SquareOne Capital
SquareOne Capital is a venture capital firm founded in 2018 and based in Miami, specializing in investments in technology and innovation, particularly within the Fintech sector. The firm focuses on companies that promote sustainability and financial inclusion, while also supporting young underprivileged entrepreneurs in Latin America.
What's next for Marco?
With the recent influx of capital, Marco is strategically positioned to accelerate its growth trajectory and enhance its service offerings. The company is expected to leverage this investment to expand its technological infrastructure, broaden its market penetration across Latin America, and potentially explore new financing solutions. This strategic backing signals strong investor confidence in Marco's business model and its potential to revolutionize export financing within the region, paving the way for future expansion and market leadership.
See full Marco company page
