Mexican Fintech Mango Raises $3M in Funding Round Led by Ironspring Ventures to Address Cash Flow Crisis in Construction.
Jul 15, 2025•4 days ago
Amount Raised
$3 Million
Round Type
seed
Investors
Jaime TabachnickCourtney Mc CoulganBbva SparkFirst Check VenturesIncisive VenturesBuildtech VenturesGreat North VenturesBrick & Mortar VenturesIronspring Ventures
Description
Mango, a fintech startup focused on the construction industry in Latin America, has secured $3 million in a funding round led by Ironspring Ventures. This financing aims to enhance the company's services and expand its network of contractors and suppliers. BBVA Spark has also provided a credit facility to support Mango's growth. The funds will primarily be used for deploying structured credit and strengthening internal teams.
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