Auto · Mexico, India

Best Auto Companies in Mexico

Updated 2026-06-23 · Ranked by funding & momentum

77 indexable Auto companies headquartered in Mexico, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $1.6B across 11 funded companies, including 1 unicorn.

77
Companies
$1.6B
Total Funding
11
Funded
1
Unicorns
0
Rounds (90d)

Ranked: Best Auto companies in Mexico

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 Kavak Unicorn
Online retailer of certified pre-owned vehicles with financing and services
$1.4B $8.7B
as of 2021
Series F Series F Feb 2026 2,500 2016 ↑ Active
2 Crabi
App-based automotive insurance platform for individuals
$5.3M Series A Series A Jun 2025 60 2016 ↑ Active
3 Nexu
Online automotive loan comparison platform
$73M Series B Series B Oct 2023 133 2014
4 123Lease
Provider of leasing services offering a wide range of cars to lease and a simple accounting record system
$30M Series B Series B Sep 2023 27 2020
5 miituo
App-based platform for usage-based car insurance
$495.9K Seed Seed Sep 2024 19 2016 ↑ Active
6 Metalsa
Manufacturer of structural components for the light and commercial vehicle markets
$36.5M Series C Series C Sep 2017 139 1956
7 Guros
Online comparison platform for auto insurance
$5.8M Seed Seed Jul 2021 55 2013
8 Coru
Aggregator of financial products
$11M Series A Series A Jun 2017 108 2014
9 Carmatch
Producer of original music and recordings
$5M Deadpooled Series A Jan 2018 60 2015
10 Clupp
Usage-based auto insurer
$175K Seed Seed Aug 2019 17 2017
11 TipiTop
Online P2P marketplace to buy & sell pre-owned cars
$65K Deadpooled Seed Oct 2016 6 2015
12 Nemak
Manufacturer and supplier of automotive aluminium components to OEMs
Public Grant (prize money) Oct 2023 375 1979
13 Solufi
Provider of leasing services for automotive industry
Late Stage PE Apr 2023 61 2012
14 Aksys De México Acquired 51 1997
15 american industries group
American Industries specializes in establishing companies and corporations and deals with administration, payroll and human resources.
589 2013
16 Autobastas
Online auction-based platform facilitating the sale of used cars
Deadpooled 2017
17 Autocity
Listing platform for new and used cars
Unfunded 3 2000
18 autocom
Autocom is an automotive dealership that provides tires, insurance, and online credit services.
Private 536 1966
19 Autotek Mexico
Manufacturer and supplier of stamped parts
Deadpooled 1991
20 Bawii
Provider of a mobile app to book car wash services
Unfunded 2017
21 Biciclo Private 500 1986
22 bradford company
Bradford Company is a packaging and containers company that provides packaging and material handling systems.
1924
23 Caranty
C2C marketplace for used cars
Unfunded 35 2021
24 Clicauto Deadpooled 3 2014
25 COMPARTEC
Manufacturer of plastic injection parts for automotive and appliance industries
Funding Raised 22 1994
26 Controladora Nemak Public 20,680 2020
27 Credimotion
Platform offering credit management solutions for mobility users in the automotive industry
Unfunded 2020
28 DeltaCar
Online platform for auto servicing
Deadpooled 19 2016
29 DINA
Bus brand
Unfunded 1951
30 Equipo Industrial Automotriz
Manufacturer & supplier of automotive catalytic converters
Deadpooled 1999
31 Flex Recubrimientos
Manufacturer of vehicle refinish products. The company is the manufacturer and distributor of automotive body fillers, putties, primers and other vehicle refinish products.
Acquired 150 1971
32 fruehauf
FRUEHAUF is a manufacturer of semi-trailers for industrial and commercial use in Mexico.
Acquired 206 1965
33 goparken
GOPARKEN specializes in vehicle management services.
Private 1 2016
34 Groupo Simec Public 4,856 1969
35 Gunderson-Gimsa Private 3,000 2006
36 herrajes y acabados metalicos
Herrajes y Acabados Metalicos designs, manufactures, and supplies ring hardware and brackets for the school, office, and aumotive sectors.
Acquired 501 1960
37 Hi- lex Mexicana
Manufacturer and supplier of control cables and window regulators to OEMs and tier 1
Unfunded 1993
38 IBN Industrias Militares
Provider of car repairing services for military industries
Funding Raised 2013
39 Iké Asistencia Private 3,200 1988
40 Inaumex
Manufacturer of automotive parts and accessories. The company engages in the manufacturing of chassis, car interiors, sub-frames, gear mechanism and other related products.
Acquired 330 2010
41 indar
Indar is a wholesale and e-commerce store that offers abrasives, adhesives, automotive, fixation, blacksmithing, and welding products.
Acquired 420 1987
42 Industria Automotriz Public 114 1957
43 Interfil
Provider of automotive filters
Acquired 800 1980
44 Jetz App
Provider of spare parts for mechanical workshops, serving mechanics, electricians, and plumbers with inmediate, secure, and trustworthy delivery of refraction components
Acquired 2021
45 Katcon
Manufacturer and supplier of carbon fiber and reinforced plastics components to OEMs
Unfunded 1993
46 LDR Solutions
Producer & distributor of various brands in the transportation industry to offer logistics services
Unfunded 1 2017
47 Lunketec Acquired 100 2009
48 Mahle Mexico
Manufacturer of automotive parts. The company is engaged in the production of combustion engine parts and engine bearings for the automotive industry.
Acquired 400 1959
49 mayoreo de autopartes y aceites
Mayoreo de Autopartes y Aceites is a Wholesale distributor of brands in the market with national coverage.
Acquired 1,100 1954
50 Mazda Motor Corporation
Manufacturer of automotive products
Acquired 49,755 1920

Top 12 Auto companies in Mexico

#1
Kavak Unicorn Series F
$1.4B Raised
expand_more
location_onLerma de Villada, State of Mexico
Founded
2016
Employees
2,500
Funding raised
$1.4B
Valuation
$8.7B · 2021
Stage
Series F

Online retailer of certified pre-owned vehicles with financing and services. The business provides a platform for buying, selling, and managing pre-owned cars. It offers certified vehicles and aims to formalize the used car market. The company provides after-sales services and financing options to customers.

Funding rounds (9 disclosed of 10)
Round Date Amount
Series F Feb 2026 $300M
Conventional Debt Apr 2025 $400M
Series E Mar 2025 $127M
Conventional Debt Sep 2022 $810M
Series E Sep 2021 $700M
Series D Apr 2021 $485M
4 earlier rounds — sign up free
Tech stack
amazon cloudfrontamazon web servicesangularaws certificate managercloudflarecloudflare bot management+14
#2
Crabi Series A
$5.3M Raised
expand_more
location_onZapopan, Jalisco
Founded
2016
Employees
60
Funding raised
$5.3M
Stage
Series A

App-based automotive insurance platform for individuals. It uses telematics, machine learning & big data to determine premiums based on a person's driving habits & behavior. Users are allowed to provide the coverage to request a quote. The app is available for Android and iOS platforms.

Funding rounds (3 disclosed of 3)
Round Date Amount
Series A Jun 2025 $13.6M
Seed Oct 2021 $4M
Seed Apr 2019 $1.3M
Tech stack
amazon cloudfrontamazon web servicesamplitudebootstrapcloudflarecloudflare browser insights+14
#3
Nexu Series B
$73M Raised
expand_more
location_onMexico City, Mexico City
Founded
2014
Employees
133
Funding raised
$73M
Stage
Series B

Online automotive loan comparison platform. It offers a loan comparison platform for accessing loans for new & used cars. Users must add a short quote form to receive multiple options matching the customers' requirements. Once the best option is chosen by the user, users must add a detailed application form and submit the documents.

Funding rounds (3 disclosed of 5)
Round Date Amount
Series B Oct 2023 $20M
Conventional Debt Oct 2023 Undisclosed
Conventional Debt Jan 2022 Undisclosed
Series A Jan 2022 $50M
Seed Mar 2020 $150K
Tech stack
angularbootstrapchart.jscloudflarecloudflare bot managementcore-js+14
#4
123Lease Series B
$30M Raised
expand_more
location_onMiguel Hidalgo, Mexico City
Founded
2020
Employees
27
Funding raised
$30M
Stage
Series B

123 Lease is a provider of leasing services in Mexico City, Mexico. They offer a wide range of cars to lease and provide a simple accounting record system.

Funding rounds (1 disclosed of 1)
Round Date Amount
Series B Sep 2023 $30M
Investors
#5
miituo Seed
$495.9K Raised
expand_more
location_onMexico City, Mexico City
Founded
2016
Employees
19
Funding raised
$495.9K
Stage
Seed

App-based platform for usage-based car insurance. Users can specify required details and request a quote for pay-per-mile insurance via the online platform following which the company sends them a policy contract and a link to download their app. They can send pictures of their car specifying the vehicle mileage and purchase an insurance policy. Users need to upload the pictures of mileage reading once a month. The a

Funding rounds (1 disclosed of 1)
Round Date Amount
Seed Sep 2024 $495.9K
Tech stack
activecampaignalertifyjsamazon s3amazon web servicesanimate.cssbootstrap+14
#6
Metalsa Series C
$36.5M Raised
expand_more
location_onCiudad Apodaca, Nuevo Leon
Founded
1956
Employees
139
Funding raised
$36.5M
Stage
Series C

Metalsa, a subsidiary of Proeza Group, manufactures structural components for the light and commercial vehicle markets. It provides technology processes like hot-forming, roll-forming, hydro-forming, stamping, assembly and painting. The Metalsa portfolio includes light duty frames, space frames, suspension modules, body structures, safety systems, hinges, transmission modules and fuel tanks for passenger cars and lig

Founders & key people
Tech stack
apple icloud mailbootstrapcloudflarecloudflare bot managementcontact form 7envoy+14
#7
Guros Seed
$5.8M Raised
expand_more
location_onMexico City, Mexico City
Founded
2013
Employees
55
Funding raised
$5.8M
Stage
Seed

Online comparison platform for auto insurance. It offers quotes for comprehensive, limited or civil liability, and more. Its insurance partners include HDI Seguros, MAPFRE, GNP Seguros, and more. It also offers claim management services. It allows users to manage and receive notifications about vehicle and insurance.

Funding rounds (1 disclosed of 1)
Round Date Amount
Seed Jul 2021 $5.8M
#8
Coru Series A
$11M Raised
expand_more
location_onMexico City, Mexico City
Founded
2014
Employees
108
Funding raised
$11M
Stage
Series A

Coru is an aggregator of financial products. It allows users to search and compare credit cards and auto insurance products. Provides articles and blogs on credit cards, insurance, and personal financial management. It also offers financial news.

Funding rounds (2 disclosed of 2)
Round Date Amount
Series A Jun 2017 $7M
Series A Feb 2015 $4M
Tech stack
amazon s3amazon web servicesapache http serverapollocloudflarecloudflare bot management+14
#9
Carmatch Deadpooled
$5M Raised
expand_more
location_onMexico City, Mexico City
Founded
2015
Employees
60
Funding raised
$5M
Stage
Deadpooled

Producer of original music and recordings. The entity creates and releases musical works, encompassing various genres and styles. Its output includes albums and potentially other forms of audio content. The process involves composition, recording, and production, culminating in the distribution of finished musical products.

Funding rounds (1 disclosed of 1)
Round Date Amount
Series A Jan 2018 $5M
#10
Clupp Seed
$175K Raised
expand_more
location_onMexico City, Mexico City
Founded
2017
Employees
17
Funding raised
$175K
Stage
Seed

Clupp provides telematics-based auto insurance for individuals. It features policies and insurance discounts based on the driving data. It offers reward points for parking tickets, car wash, movie tickets, workshop assistance, and more. Also offers an app-based insurance management platform for Android and IOS platforms.

Funding rounds (1 disclosed of 2)
Round Date Amount
Seed Aug 2019 $175K
Seed 2018 Undisclosed
Tech stack
cloudflarecloudflare browser insightscookie noticecore-jsdivifacebook pixel+14
#11
TipiTop Deadpooled
$65K Raised
expand_more
location_onSan Pedro Garza Garcia, Nuevo Leon
Founded
2015
Employees
6
Funding raised
$65K
Stage
Deadpooled

TipiTop is an online P2P marketplace to buy & sell used cars. The platform enables sellers to showcase their cars on the platform and allows buyers to search for their desired car based on vehicle type, make & model. Tipitop offers car inspection and price estimation to the seller through a proprietary price algorithm which considers 30 different variables. They also provide certification to the cars being sold on t

Funding rounds (1 disclosed of 1)
Round Date Amount
Seed Oct 2016 $65K
#12
Nemak Public
375 Employees
expand_more
location_onVilla De Garcia, Nuevo Leon
Founded
1979
Employees
375
Stage
Public

Nemak is a manufacturer and supplier of automotive aluminium components to OEMs. It offers products such as cylinder heads, engine blocks, transmission parts, structural components, and other components for automotive. Clientele includes BMW, Ferrari, Audi, Lamborghini, and Mercedes-Benz. It has market worldwide.

Tech stack
apache http serverazurebackdropbootstrapdigicertfont awesome+14

Recent signals in Mexico Auto

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Funding & investor landscape

Total raised
$1.6B
across these companies
Companies funded
11
with disclosed funding
Highest-funded
$1.4B raised

Most active investors

Spectra Investments Spectra Investments 3 investments in Auto Arkfund Arkfund 2 investments in Auto Clocktower Ventures Clocktower Ventures 2 investments in Auto G2 Momentum Capital G2 Momentum Capital 2 investments in Auto HSBC HSBC 2 investments in Auto Kaszek Kaszek 2 investments in Auto QED Investors QED Investors 2 investments in Auto Wollef Wollef 2 investments in Auto Y Combinator Y Combinator 2 investments in Auto 30N Ventures 30N Ventures 1 investment in Auto 500 Global 500 Global 1 investment in Auto 99 Startups 99 Startups 1 investment in Auto

Notable founders in Mexico Auto

FO Francisco Javier Orozco CEO Crabi · $5.3M raised
FA Fernando Gómez Arriola Founder Nexu · $73M raised
Leonardo Cortina Leonardo Cortina Founder & Ceo miituo · $495.9K raised
GV Guillermo Vera CEO Metalsa · $36.5M raised
BP Bernardo Prum Co-Founder Coru · $11M raised
MA Miguel Ivan Hernandez Arias Co-Founder Coru · $11M raised
FG Fernando Gonzalez Co-founder & CEO Coru · $11M raised
Damian Overbosch Damian Overbosch Co-Founder & CEO Carmatch · $5M raised
Marisol Sanchez Navarrete Marisol Sanchez Navarrete Co-Founder Clupp · $175K raised
OT Omar Said Lopez Tronco Co-Founder & CEO Clupp · $175K raised
Rene Lankenau Rene Lankenau Co-Founder TipiTop · $65K raised
AB Alejandro Bremer Founder & CEO TipiTop · $65K raised

Frequently asked questions

How many Auto companies are there in Mexico?
Radar tracks 77 indexable Auto companies headquartered in Mexico that meet our profile-completeness bar.
What is the total funding raised by Auto companies in Mexico?
The Auto companies in Mexico on this list have raised a combined $1.6B in disclosed equity funding across 11 funded companies.
Which is the highest-funded Auto company in Mexico?
Kavak is the highest-funded Auto company in Mexico, with $1.4B in disclosed equity funding.
How many Auto companies in Mexico are funded?
11 of the 77 Auto companies in Mexico on this list have disclosed at least one equity funding round.
How many Auto unicorns are there in Mexico?
1 Auto company in Mexico on this list is valued at $1B or more.
Who are the top investors in Mexico Auto companies?
The most active investors in Mexico Auto companies on this list include Spectra Investments, Arkfund, Clocktower Ventures, G2 Momentum Capital, HSBC.

Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-23.

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