# E-commerce investors in Mexico (2026 list)

> 12 E-commerce investors in Mexico, 83% active in the last 12 months. Led by Y Combinator, HSBC, Infinity Ventures. Ranked by what they funded.

Source: https://millionrounds.com/lists/ecommerce-investors-in-mexico (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# E-commerce investors in Mexico

Updated 7 November 2026

Firms observed backing a e-commerce company in Mexico in the last two years, wherever the firm is based.

[See all 12 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fecommerce-investors-in-mexico)The top 12

**12** investors on the list No change this week

**1,128** cheques in 12 months *-12%* against the market

**$7.2M** median round they joined *-11%* against the market median

**83%** wrote a cheque in 12 months

**83%** have led a round

## The Top 12

Ordered by cheques observed, never by anything anyone paid for

Deploying now (10)

- 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen
- 2 [HSBC](https://millionrounds.com/fund/hsbc) *Deploying now* Growth equity · United Kingdom **234** **$45M** median round **Oct 2026** last seen
- 3 [Infinity Ventures](https://millionrounds.com/fund/infinity-ventures) *Deploying now* VC firm · United States **130** **$6.8M** median round **Sept 2026** last seen
- 4 [Nyca Partners](https://millionrounds.com/fund/nyca-partners) *Deploying now* VC firm · United States **128** **$16M** median round **Aug 2026** last seen
- 5 [Fin Capital](https://millionrounds.com/fund/fin-capital) *Deploying now* Private equity · United States **120** **$15M** median round **Sept 2026** last seen
- 6 [TTV Capital](https://millionrounds.com/fund/ttv-capital) *Deploying now* VC firm · United States **115** **$10M** median round **Oct 2026** last seen
- 7 [Third Prime](https://millionrounds.com/fund/third-prime) *Deploying now* VC firm · United States **53** **$7.5M** median round **Oct 2026** last seen
- 8 [Magma Partners](https://millionrounds.com/fund/magma-partners) *Deploying now* VC firm · Chile **41** **$2M** median round **Jun 2026** last seen
- 9 [Banco Sabadell](https://millionrounds.com/fund/banco-sabadell) *Deploying now* VC firm · Spain **32** **$3.5M** median round **Sept 2026** last seen
- 10 [Sabadell](https://millionrounds.com/fund/sabadell) quiet Growth equity **7** **$12M** median round **Dec 2024** last seen
- 11 [Semilla Ventures](https://millionrounds.com/fund/semilla-ventures) *Deploying now* VC firm · Mexico **5** **$1.3M** median round **Jan 2026** last seen
- 12 [iThink VC](https://millionrounds.com/fund/ithink-vc) quiet VC firm · Paraguay **3** **$1M** median round **Oct 2025** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **30** Oct **[Neoen](https://millionrounds.com/company/neoen)** Debt · $1.3B *With* [HSBC](https://millionrounds.com/fund/hsbc)
- **30** Oct **[Neuron Industries](https://millionrounds.com/company/neuron-industries)** Seed · $10M *With* [Y Combinator](https://millionrounds.com/fund/y-combinator)
- **29** Oct **[Reflex](https://millionrounds.com/company/reflex)** Series A · $14M *With* [Y Combinator](https://millionrounds.com/fund/y-combinator)
- **28** Oct **[Broccoli AI](https://millionrounds.com/company/broccoli-ai)** Series B · $52M *With* [Y Combinator](https://millionrounds.com/fund/y-combinator)
- **28** Oct **[Easol](https://millionrounds.com/company/easol)** Series A · $30M *With* [Y Combinator](https://millionrounds.com/fund/y-combinator)
- **28** Oct **[Sava](https://millionrounds.com/company/sava)** Seed · $10M *With* [Y Combinator](https://millionrounds.com/fund/y-combinator)

## Stages This Year

1,110 rounds

- Venture **28%**
- Pre-seed **22%**
- Seed **16%**
- Series A **14%**
- Debt **5%**
- Other **15%**

## What They Backed

Sectors, last 12 months

- AI **579**
- Fintech **74**
- Big Data & Analytics **68**
- Financial Services **58**
- Healthcare **46**
- Aerospace & Space **32**

## Cheques by Quarter

Led Joined

352 Q1 25

312 Q2 25

362 Q3 25

370 Q4 25

354 Q1 26

347 Q2 26

217 Q3 26

36 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors in United States 3,683](https://millionrounds.com/lists/ai-investors-in-united-states)
- [Fintech investors in United States 1,166](https://millionrounds.com/lists/fintech-investors-in-united-states)
- [AI investors in United Kingdom 1,039](https://millionrounds.com/lists/ai-investors-in-united-kingdom)
- [Big Data & Analytics investors in United States 1,039](https://millionrounds.com/lists/big-data-investors-in-united-states)
- [Biotech investors in United States 914](https://millionrounds.com/lists/biotech-investors-in-united-states)
- [Energy investors in United States 798](https://millionrounds.com/lists/energy-investors-in-united-states)
- [Robotics investors in United States 797](https://millionrounds.com/lists/robotics-investors-in-united-states)
- [Construction investors in United States 742](https://millionrounds.com/lists/construction-investors-in-united-states)
- [Cybersecurity investors in United States 702](https://millionrounds.com/lists/cybersecurity-investors-in-united-states)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders in e-commerce and consumer brands

- Product Research 101: Find Winning Products to Sell on Amazon and Beyond Renae Clark · 2015 4.20 from 304 ratings on Goodreads E-commerce and consumer brands About the book Just getting started with product research and sourcing? Stuck trying to find ideas or find that “perfect” winning product? Want to find good selling products that others are ignoring? Interested in wholesale or private label products? If you answered yes, then this book is for… On AmazonListen on Audible
- You Must Write a Book: Boost Your Brand, Get More Business, and Become the Go-To Expert Honoree Corder · 2016 4.21 from 280 ratings on Goodreads E-commerce and consumer brands About the book Honorée Corder is the author of dozens of books, she does all sorts of other magical things, and her badassery is legendary. She is Hal Elrod's business partner and co-creator of The Miracle Morning book series, and she coaches high profile professionals, guiding them into some… On AmazonListen on Audible
- The Everything Store: Jeff Bezos and the Age of Amazon Brad Stone · 2013 4.13 from 78,706 ratings on Goodreads E-commerce and consumer brands About the book The definitive story of Amazon.com, one of the most successful companies in the world, and of its driven, brilliant founder, Jeff Bezos. Amazon.com started off delivering books through the mail. But its visionary founder, Jeff Bezos, wasn't content with being a bookseller. He… On AmazonListen on Audible
- The Everything War: Amazon’s Ruthless Quest to Own the World and Remake Corporate Power Dana Mattioli · 2024 4.12 from 1,461 ratings on Goodreads E-commerce and consumer brands About the book From veteran Amazon reporter for The Wall Street Journal, and finalist for the Pulitzer Prize in investigative reporting, Dana Mattioli's The Everything War is the shocking, explosive, and untold exposé of Amazon's endless strategic greed, from destroying Main Street to remaking… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&model=ecommerce).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about E-commerce investors in Mexico

### Who are the most active E-commerce investors in Mexico?

By cheques observed, the most active are Y Combinator, HSBC, Infinity Ventures, Nyca Partners and Fin Capital.

### How many E-commerce investors in Mexico are there?

12 are on record. 83% made an investment in the last 12 months and 83% have led a round.

### Which stages do E-commerce investors in Mexico back?

Of the rounds with a named stage in the last 12 months, mostly Pre-seed (32%) and Seed (23%).

### How big are the rounds E-commerce investors in Mexico join?

The typical (median) round among the leading investors here is $7.5M.

### Which sectors do E-commerce investors in Mexico back most?

In the last 12 months, mostly AI, Fintech and Big Data & Analytics.

### Which E-commerce investors in Mexico lead the most rounds?

Y Combinator (11 led), Third Prime (7 led) and TTV Capital (6 led).

### Where are E-commerce investors in Mexico based?

Among the most active, most are based in the United States (6), the United Kingdom (1) and Chile (1).

### What have E-commerce investors in Mexico invested in recently?

Recent rounds include Neoen (Debt, Oct 2026, with HSBC), Neuron Industries (Seed, Oct 2026, with Y Combinator) and Reflex (Series A, Oct 2026, with Y Combinator).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)