# Nelo funding: rounds and investors > Nelo has raised $200M across 2 rounds since 2022. Investors include Gaingels, Unpopular Ventures and Karman Ventures. Every round with its source. Source: https://millionrounds.com/company/nelo (Millionrounds; every figure on the page links to its filing or article) Mexico · [Funded startup](https://millionrounds.com/companies) # Who invested in *Nelo* 2 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Financial Services Raised 2 months ago Funding summary Updated 26 Oct 2026 **$200M** raised across 2 rounds since 2022, from 2 sources **$100M** Debt **$100M** Debt - **Latest round:** Debt, $100M Sept 2026 - **Investors:** 6 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2023 2024 2025 2026 **$100M** Debt **$100M** Debt - **First round:** Debt, $100M - **Biggest round:** $100M - **Between rounds:** 3.9 years ## The rounds - **Sept 2026** Debt **$100M** *1 new* *4 returning* [Gaingels](https://millionrounds.com/fund/gaingels) [Unpopular Ventures](https://millionrounds.com/fund/unpopular-ventures) [Susa Ventures](https://millionrounds.com/fund/susa-ventures) [Karman Ventures](https://millionrounds.com/fund/karman-ventures) [Two Sigma Ventures](https://millionrounds.com/fund/two-sigma-ventures) Source recorded - **Oct 2022** Debt **$100M** *5 new* [Gaingels](https://millionrounds.com/fund/gaingels) [Unpopular Ventures](https://millionrounds.com/fund/unpopular-ventures) [Karman Ventures](https://millionrounds.com/fund/karman-ventures) [Two Sigma Ventures](https://millionrounds.com/fund/two-sigma-ventures) [Homebrew](https://millionrounds.com/fund/homebrew) Source recorded ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Debt** 2022 **Debt** 2026 [Gaingels](https://millionrounds.com/fund/gaingels) [Unpopular Ventures](https://millionrounds.com/fund/unpopular-ventures) [Karman Ventures](https://millionrounds.com/fund/karman-ventures) [Two Sigma Ventures](https://millionrounds.com/fund/two-sigma-ventures) [Susa Ventures](https://millionrounds.com/fund/susa-ventures) [Homebrew](https://millionrounds.com/fund/homebrew) ## Everyone who backed them [Gaingels](https://millionrounds.com/fund/gaingels) Private equity **2** rounds [Unpopular Ventures](https://millionrounds.com/fund/unpopular-ventures) VC firm **2** rounds [Karman Ventures](https://millionrounds.com/fund/karman-ventures) VC firm **2** rounds [Two Sigma Ventures](https://millionrounds.com/fund/two-sigma-ventures) VC firm **2** rounds [Susa Ventures](https://millionrounds.com/fund/susa-ventures) VC firm **1** round [Homebrew](https://millionrounds.com/fund/homebrew) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=nelo). ## Also claim to have backed them This firm lists Nelo as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above. [Eastward Capital Partners](https://millionrounds.com/fund/eastward-capital-partners) VC firm Per its own site ## Quick answers about Nelo ### Who invested in Nelo? Nelo's investors include Gaingels, Unpopular Ventures, Karman Ventures, Two Sigma Ventures and Susa Ventures, and 1 more on record. ### How much has Nelo raised? Nelo has raised $200M across 2 rounds since 2022. ### When did Nelo last raise? Nelo's most recent round was a Debt of $100M in Sept 2026. ### What was Nelo's biggest round? Its most recent round, $100M in Sept 2026, is also its largest on record. ### Who backed Nelo first? Nelo's first round on record, in Oct 2022, was backed by Gaingels, Unpopular Ventures and Karman Ventures and 2 others. ### What stage is Nelo at? Nelo's latest named round is a Debt, in Sept 2026. ### Where is Nelo based? Nelo is based in Mexico. ## Companies like Nelo In the same sector, and raised in the last eighteen months. [**Kapital** $225M · Sept 2026](https://millionrounds.com/company/kapital)[**Mundi** $153M · Sept 2026](https://millionrounds.com/company/mundi)[**Nexu** $163M · Jul 2026](https://millionrounds.com/company/nexu)[**ARQ** $71M · Jul 2026](https://millionrounds.com/company/arq)[**TRATON Financial Services Mexico** $30M · May 2026](https://millionrounds.com/company/traton-financial-services-mexico)[**Aplazo** $36M · Mar 2026](https://millionrounds.com/company/aplazo) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app