About Lounn
Lounn is a Financial Services company based in Polanco (Mexico) founded in 2022. Consumer loans are provided to individuals in Mexico. Lounn has raised $20 thousand across 1 funding round from investors including Techstars. Its focus areas include FinTech, Alternative Lending, Online Lenders and Business Loans. Its competitors include ConCredito, LendInc and Finsac.
Company details
Lounn was founded in 2022 and is headquartered in Polanco, Mexico. Operations are centered on the financial sector, where consumer loans are extended to eligible borrowers. Services include loan origination and management through the domain lounn.mx. The company functions within the Mexican market, addressing personal financing needs without emphasis on specific loan terms or volumes. Geographic focus remains on local consumers in the region.
- Total Equity Funding$20K (USD)
in 1 rounds
- Latest Funding Round$20K (USD), Seed
Jun 2024
- Investors
Funding Insights of Lounn
Lounn has successfully raised a total of $20K through 1 strategic funding round. The most recent funding activity was a Seed round of $20 thousand completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $20,000
- Total Rounds 1
- Last Round Seed — $20,000
- First Round $20,000
(Jun 2024)
- Investors Count 1
All 1 funding rounds of Lounn with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2024 | $20,000 | Seed | – | Techstars | – |
1 investors in total: 1 institutional.
Investors in Lounn
Lounn has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Techstars.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States |
Investor details for Lounn
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of Lounn
2 dated milestones of Lounn across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Lounn is founded.
- Funding First funding round of $20K.
Competitors of Lounn
Lounn has 3 listed competitors in our database. They include ConCredito, LendInc and Finsac.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| concredito.com.mx | 2007 | Culiacan, Mexico | Working capital loans are provided to businesses in Mexico. | |||
| lendinc.mx | 2017 | Mexico | Business loans are offered via an online marketplace platform. | |||
| finsac.mx | 2015 | Zapopan, Mexico | Business financing is facilitated through an online lending platform. |
Detailed competitors of Lounn
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Web traffic of Lounn
The website of Lounn (lounn.mx) receives about 6.6K visits a month.
- Monthly visits6.6K
▲ 4.2% vs previous month
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Frequently Asked Questions about Lounn
Lounn was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Lounn is headquartered in Polanco, Mexico. It is registered at Polanco, Ciudad De Mexico, Mexico.
Lounn is a funded company, having raised a total of $20K across 1 funding round to date. The company's 1st funding round was a Seed of $20K, raised on Jun 2024.
Lounn was founded in 2022 and is headquartered in Polanco, Mexico. Operations are centered on the financial sector, where consumer loans are extended to eligible borrowers. Services include loan origination and management through the domain lounn.mx. The company functions within the Mexican market, addressing personal financing needs without emphasis on specific loan terms or volumes. Geographic focus remains on local consumers in the region.
Lounn's top competitors include ConCredito, LendInc and Finsac.
Lounn has 1 investor. Key investors include Techstars.