albo Overview
- Year Founded
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2016
- Status
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Private
- Employees
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193
- Latest Deal Type
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Series C
- Latest Deal Amount
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$40M
- Investors
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30
albo General Information
Description
Developer of a financial platform intended to simplify the process of receiving and transferring money. The company's platform offers an application with a card to track monetary movements in real-time as well as to make purchases online and in stores, enabling clients to manage their money with categorized expenses and income reports.
Contact Information
Website
www.albo.comCorporate Office
- Av. Chapultepec 480, 8th Floor
- Roma Norte neighborhood, Cuauhtémoc municipality
- Mexico City, 06700
- Mexico
Corporate Office
- Av. Chapultepec 480, 8th Floor
- Roma Norte neighborhood, Cuauhtémoc municipality
- Mexico City, 06700
- Mexico
albo Timeline
albo Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
6. Later Stage VC (Series C) | 26-Sep-2023 | $40M | Completed | Generating Revenue | ||
5. Later Stage VC (Series B2) | 30-Apr-2022 | Completed | Generating Revenue | |||
4. Early Stage VC (Series B) | 08-Dec-2020 | Completed | Generating Revenue | |||
3. Early Stage VC (Series A) | 11-Dec-2019 | Completed | Generating Revenue | |||
2. Seed Round | 30-Jan-2018 | $700K | $700K | Completed | Generating Revenue | |
1. Seed Round | 18-Aug-2016 | Completed | Startup |
albo Comparisons
Industry
Financing
Details
albo Competitors (13)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Fondeadora | Venture Capital-Backed | Mexico City, Mexico | ||||
Venmo | Formerly VC-backed | New York, NY | ||||
Shine (Financial Software) | Formerly VC-backed | Paris, France | ||||
Stori | Venture Capital-Backed | Mexico City, Mexico | ||||
Klar | Venture Capital-Backed | Mexico City, Mexico |
albo Patents
albo Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
FR-1249587-A | Tensioning mechanism for knitting machines | Inactive | 14-Feb-1959 |
albo Executive Team (11)
Name | Title | Board Seat |
---|---|---|
Angel Sahagun | Co-Founder and Chief Executive Officer | |
José de la Luz Lopez Sanguino | Chief Operating Officer | |
Ezequiel Guilleron | Co-Founder & Chief Technology Officer | |
Luis Mejia | Chief Innovation Officer | |
Dorothee Mare | Chief of Staff |
albo Board Members (5)
Name | Representing | Role | Since |
---|---|---|---|
Carlos Julio Ottati | Self | Board Member | |
Christian Hauswaldt | Self | Board Member | |
Hector Sepulveda Reyes Retana | Nazca | Board Member | |
James Fitzgerald JD | Valar Ventures | Board Member |
albo Signals
albo Investors (30)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Morpheus Ventures | Venture Capital | Minority | ||
Mountain Lion Ventures | Venture Capital | Minority | ||
Plug and Play Tech Center | Accelerator/Incubator | Minority | ||
Bossa Invest | Venture Capital | Minority | ||
Cornelius Boersch | Angel (individual) | Minority |
albo Acquisitions (1)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
delt.ai | 04-Aug-2023 | Financial Software |
albo Subsidiaries (1)
Company Name | Industry | Location | Founded |
---|---|---|---|
delt.ai | Financial Software | Mexico City, Mexico |
albo FAQs
-
When was albo founded?
albo was founded in 2016.
-
Who is the founder of albo?
Angel Sahagun and Ezequiel Guilleron are the founders of albo.
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Who is the CEO of albo?
Angel Sahagun is the CEO of albo.
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Where is albo headquartered?
albo is headquartered in Mexico City, Mexico.
-
What is the size of albo?
albo has 193 total employees.
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What industry is albo in?
albo’s primary industry is Financial Software.
-
Is albo a private or public company?
albo is a Private company.
-
What is albo’s current revenue?
The current revenue for albo is
. -
How much funding has albo raised over time?
albo has raised $139M.
-
Who are albo’s investors?
Morpheus Ventures, Mountain Lion Ventures, Plug and Play Tech Center, Bossa Invest, and Cornelius Boersch are 5 of 30 investors who have invested in albo.
-
Who are albo’s competitors?
Fondeadora, Venmo, Shine (Financial Software), Stori, and Klar are some of the 13 competitors of albo.
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