Xepelin is a technology company.
Xepelin has raised $144.0M across 4 funding rounds.
Xepelin has raised $144.0M in total across 4 funding rounds.
Xepelin is a Chilean fintech company founded in 2019 that provides a SaaS platform acting as a "digital CFO" for small and medium-sized enterprises (SMEs) across Latin America, primarily in Chile and Mexico.[1][2][3] The platform offers real-time financial information, automated supplier payments, invoice financing, short-term working capital loans (often disbursed in hours), and advanced tools like fraud detection and financial analytics, serving over 50,000 companies and financing nearly US$600 million while managing 112,000+ invoices as of 2024.[1][2] It targets SMEs underserved by traditional banks, enabling quick liquidity access with just a few clicks to help businesses focus on operations rather than cash flow constraints, with strong growth evidenced by $572M+ raised in funding and operations expanding regionally.[2][5]
Xepelin was founded in 2019 in Las Condes, Chile, by CEO Juan José Gutiérrez (who has emphasized building a financial partner for LatAm businesses amid economic uncertainty) and a team aiming to create the leading B2B digital bank in Latin America.[1][3][6] The idea emerged from recognizing SMEs' struggles with slow bank financing and poor financial visibility in a digitizing LatAm economy, leading to a SaaS platform that combines financial management with embedded lending.[1][3] Early traction came quickly, with thousands of businesses adopting it for real-time tools and agile loans; by 2024, it scaled to 50,000+ clients, secured major funding like $230M in debt/equity from Kaszek and angels, and launched products like Smart Secured Credit Lines using AI for risk assessment.[1][2][5][6] Pivotal moments include regional expansion to Mexico and tech integrations for payments and analytics, humanizing its mission through founder-led innovation in underserved markets.[1][6]
Xepelin rides the fintech wave of SME digitization in Latin America, where demand for accessible working capital surges amid economic volatility and low bank penetration for SMEs.[1][3] Timing aligns with rising digital lending trends (197 tracked items globally, excluding US), as businesses seek real-time tools over legacy systems, fueled by market forces like AI-driven risk models and B2B payments growth.[1][2][6] It influences the ecosystem by democratizing finance for thousands of SMBs across industries, optimizing supply chains (e.g., via invoice platforms like competitors eFactor), and enabling focus on core operations, positioning as a B2B digital bank leader in high-growth Chile/Mexico while eyeing expansion.[3][4][5]
Xepelin is poised for accelerated LatAm dominance, with next steps including deeper Mexico penetration, new-country launches, and product evolution like enhanced AI analytics and secured lines to capture more of the booming digital lending market.[1][5][6] Trends like AI risk management, B2B payments digitization, and SME resilience in uncertain economies will propel growth, potentially evolving its influence from liquidity provider to full-stack B2B banking powerhouse. As the go-to "digital CFO" scaling from Chilean roots to regional force, Xepelin exemplifies fintech's power to unlock SME potential.[1][3]
Xepelin has raised $144.0M in total across 4 funding rounds.
Xepelin's investors include Accel, Alex, Alpha Capital Acquisition Company, Cedar Capital Group, Elevar Equity, FJ Labs, H.I.G. Capital, IGNIA Partners, Insight Partners, Kaszek Ventures, Khosla Ventures, Manutara Ventures.
Xepelin has raised $144.0M across 4 funding rounds. Most recently, it raised $110.0M Series B in May 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2022 | $110.0M Series B | Accel, Alex, Alpha Capital Acquisition Company, Cedar Capital Group, Elevar Equity, FJ Labs, H.I.G. Capital, IGNIA Partners, Insight Partners, Kaszek Ventures, Khosla Ventures, Manutara Ventures, Mindset Ventures, Newtopia VC, Hans Tung, Picus Capital, Ribbit Capital, Balaji Srinivasan, Bradley Horowitz, Diego Fleischmann, Jacqueline Reses, Jamie Sutton, Nico Barawid, Oskar Hjertonsson, Ricardo Weder, Wences Casares | |
| Jul 1, 2021 | $30.0M Series A | 9Yards Capital, Accel, Alex, Alpha Capital Acquisition Company, Andreessen Horowitz, Bascom Ventures, Cathay Innovation, Cedar Capital Group, Coatue, CRV, Daffy, Double Prime LLP, DST Global, Elevar Equity, Jenny Fielding, Scott Hartley, Fenway Summer, First Round Capital, FJ Labs, Geek Ventures, Gradient Ventures, H.I.G. Capital, Hustle Fund, IGNIA Partners, Incisive Ventures, Indeed.com, Insight Partners, Kaszek Ventures, Khosla Ventures, Lightspeed Venture Partners, LongJump VC, Manutara Ventures, Mindset Ventures, Tiffany Luck, Newtopia VC, Hans Tung, Notable Capital, Pareto Holdings, Passion Capital, Picus Capital, Redpoint Ventures, Ribbit Capital, Greg Bettinelli, Thirty Five Ventures, Tribe Capital, Unpopular Ventures, Vera Equity, Adam Wiggins, Amit Agarwal, Andre Iguodala, Andrej Henkler, Armando Biondi, Balaji Srinivasan, Bradley Horowitz, Carlos Julio Garcia, Claire Diaz-Ortiz, Courtney Guertin, David Vélez, Diego Fleischmann, Gabriel Braga, Gabriel Jarrosson, Gokul Rajaram, Immad Akhund, Jacqueline Reses, Jamie Sutton, Jeffrey Wald, Joshua Schachter, Nico Barawid, Odell Beckham Jr., Oskar Hjertonsson, Pablo Gonzalez, Philippe Teixeira da Mota, Ricardo Weder, Sebastian Stoddart, Shishir Mehrotra, Tom Blomfield, Tony Xu, Wences Casares, William Hockey | |
| Jan 1, 2021 | $3.0M Seed | Enspire Capital, Zarko Maletin | |
| Sep 1, 2019 | $1.0M Seed |