Blooms
Agri-fintech startup revolutionizing cross-border trade by providing AI-driven, rapid financing and digital payment solutions.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | $2.6m | Seed | |
| Total Funding | 000k | ||
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Blooms operates as a financial technology firm with a focus on delivering AI-driven trade finance, payments, and foreign exchange (FX) solutions. The company specifically serves Latin American exporters of produce that supply the markets in the United States and Canada.
Founded by serial tech entrepreneur Francisco Meré, Blooms aims to address liquidity challenges within Latin America's agricultural sector. By providing smarter financial tools, the company works to fortify the produce supply chain, decrease food waste, and help stabilize food prices in North America. The platform leverages artificial intelligence to facilitate quick access to working capital, streamline cross-border transactions, and offer customized FX solutions. The system is designed to improve cash flow, reduce operational inefficiencies, and empower growers to invest in sustainable farming and business expansion.
The business model centers on providing working capital and international factoring. For working capital, Blooms advances a proportion of future export revenues. Through its international factoring service, the company enables clients to receive up to 90% of their invoice value within 24 hours. Additionally, Blooms provides a global payments platform that includes a virtual U.S. account to simplify the collection of export payments and allows for global payments in over 20 currencies.
In May 2025, the company announced it had raised $2.6 million in a seed funding round. The round was led by SP Ventures, a venture capital firm specializing in agritech, with contributions from Angel Ventures, The Yield Lab Latam, Eqwow Ventures, Glocal Managers, and Mercy Corps Ventures. This capital infusion is intended to accelerate the company's mission and support its operational expansion.
Keywords: trade finance, fintech, agritech, Latin America, produce exporters, supply chain finance, working capital, international factoring, cross-border payments, foreign exchange solutions, AI-driven finance, food supply chain, sustainable agriculture, import/export finance, financial services, B2B finance, North American market, South American exporters, seed funding, venture capital