H
Higo
Provides a digital platform for businesses to streamline their B2B payments processes by automating invoice creation, approval, and payment
About Higo
Higo.io is a Mexican startup that provides a B2B (business-to-business) payments platform. The company's primary mission is to enhance the liquidity of small and medium-sized enterprises (SMEs), particularly during the pandemic. Higo.io's platform gives businesses control and visibility over their accounts receivable and payable, streamlining their payment and collection cycles.
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The platform is designed to serve a broad range of businesses, with over 500 companies already using Higo.io to manage their cash inflows and outflows. It allows businesses to send payment notifications, manage early payment programs, and offer card payments. The platform also automates invoice receipt, approval, and payment, saving businesses up to 75% of the time spent on accounts payable.
Higo.io operates in the financial technology market, combining the agility of a startup with high financial standards. The company has attracted significant investment, raising $23 million in a Series A funding round led by Accel, following a seed funding round of $3.3 million. This funding will be used to expand the team and grow the business.
The company's business model revolves around providing a software solution to liquidity problems. By offering a platform that simplifies and accelerates payment processes, Higo.io is able to attract businesses looking to improve their cash flow management. The company likely generates revenue through a subscription model or transaction fees.
At a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- Mexico City, Mexico
- Employees
- 29
- Open positions
- None listed
- Dealroom signal
- 79.8/100
- Industry
- Fintech
- Sub-industry
- Payments, Financial Management Solutions
- Sector
- Fintech, Invoicing, Payment Processing, financial inclusion
- Business model
- SaaS
- Client focus
- b2b
Latest news
Press, funding announcements and product moves mentioning Higo.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SUPPORT PROGRAM✓Other financing | Jun 2022 | — | — | Google for Startups Accelerator | — |
| SERIES A✓Equity / VC | Sep 2021 | $23M | $92M | Homebrew · Cristina Cordova · Audacious Ventures · Claire Hughes Johnson | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Higo is 340 monthly website visits, down 58.5% over the last three months. Higo's team grew 0% over the past year.
Similar companies
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed4 investors entered at this stage
Homebrew
Susa Ventures
Haystack
J Ventures
Series A5 investors entered at this stage
Accel
Cristina Cordova
Audacious Ventures
Claire Hughes Johnson
Tiger Global
Other known investors2 additional known investors
Google for Startups Accelerator
Gutter Capital
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Higo on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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