Mexican start-up mattilda lands $19m Series A funding
Mexican tech start-up mattilda has raised $19 million in a Series A financing round led by GSV Ventures with participation from FinTech Collective and Dila Capital.
The technology platform, which offers private schools Software-as-a-Service (SaaS) solutions for collections management and payment processing, has raised a total of $39 million since its 2022 inception.
GSV Ventures’ Deborah Quazzo says the company is “best positioned” to provide solutions to solve the administrative and financial barriers faced by private schools in Mexico and Latin America, while also being poised “to make a significant positive impact on access to quality education in the region”.
Mattilda states that it intends to leverage its newfound funding to expand the international reach and applicability of its platform.
In addition to the financing, mattilda has formed several business alliances, including a commercial alliance with the Latin American academic content platform Santillana, which is poised to assist the start-up in its expansion plans.
“Today we have 35,000 students on the platform, and we continue to grow rapidly,” says José Agote, co-founder and CEO of mattilda.
Agote adds that the funding will aid the company’s ambition of becoming “the primary administrative partner for private schools in Mexico and Latin America, helping with collections, payments, financing and the overall administration of schools”.