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Jeeves is strengthening its growth strategy in Mexico with a clear vision: to consolidate itself as the comprehensive financial platform for companies operating and scaling up in the country.
In this context, the company announced US$100 million in financing from Community Investment Management (CIM), a move that supports its operational and technological expansion in one of its most important global markets.
The investment increases Jeeves’ total financing line with CIM from US$75 million to $175 million, giving it greater flexibility to serve a growing number of Mexican companies from its global platform. Beyond the capital, the announcement reinforces the company’s commitment to the local market and its business ecosystem.
The funds will be used primarily to expand access to its unified financial management solution, which integrates expense control, corporate cards, invoice payments, and treasury services.
The goal is to support growing companies seeking greater efficiency, visibility, and automation in their financial operations.
“This financing strengthens our position as the leading AI-powered financial automation platform for businesses in Mexico. It allows us to scale our value proposition and support larger organizations with a unified solution,” said Dileep Thazhmon, founder and CEO of Jeeves.
Jeeves seeks consolidation in Mexico
Mexico has established itself as Jeeves’ largest market globally. In the last 12 months, the company reported revenue growth of over 250% and net revenue retention of over 130%, figures that reflect the strength of its model in the country.
“Mexico is our fastest-growing market, and this line of financing gives us the flexibility to scale even faster. We will continue to expand our presence in the business segment and strengthen SAT-compatible automation tools,” Thazhmon said in an interview with Contxto.
In addition to being a key market, Mexico serves as an innovation hub for Jeeves. From the country, the platform leads the development and deployment of solutions adapted to the local regulatory framework, such as SAT-compatible automated invoicing using artificial intelligence.
Jeeves currently serves thousands of Mexican companies in sectors such as technology, mobility, logistics, and e-commerce, with clients such as SmartFit, BMW, Lululemon, H&M, Kueski, and Nubank, reinforcing its position as a strategic partner for high-growth companies.
The accelerated adoption of Jeeves’ multi-product platform responds to a growing demand from Mexican companies for intelligent tools that centralize their financial operations in one place. According to the company, its focus on automation and expense control has been key to its sustained expansion.
This platform seeks to expand its product offering
While access to financing is part of its value proposition, the company presents it as a complement within a broader ecosystem. Most users utilize multiple Jeeves products, from software and payments to corporate cards, which drives a long-term relationship with the platform.
Added to these capabilities are integrations with ERP systems, travel and expense APIs, cross-border solutions, and access to dollar-backed stablecoin wallets through a third-party provider, expanding the operational reach of companies using the platform.
In the medium term, Jeeves plans to continue strengthening its multi-product platform in Mexico and Latin America, with a particular focus on solutions tailored to the specific needs of each market, maintaining credit as an enabler rather than the central focus.
In the long term, Jeeves’ vision is clear: to become the default financial operating system for companies operating in multiple geographies. This involves scaling advanced automation capabilities, strengthening its risk and compliance infrastructure, and continuing to innovate in more efficient expense management and cross-border payments.
“Artificial intelligence is a pillar of our strategy. We want every financial workflow to be automated by agents capable of learning, anticipating, and acting,” explained Thazhmon.
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