Startup Snapshot:
Startup Name: Meefi
Industry: B2B SaaS
Business Model: B2B
Founders: Alan Said, Emilio Said, and Jesus Reyna
HQ Location: Mexico City, Mexico
Operations: México
Team Size: 3
Founded: August 2023
Accelerators: Platanus Ventures
Website: https://meefi.io
Meefi’s Purpose:
In 2023, Jesus, Emilio, and Alan initiated a new project with the objective of reducing the cost and time of remittances from the United States to Mexico. After working on the project for a few months, they realized that external factors, including regulations, made the project particularly complex. During this time, they also discovered that invoicing within the medical industry was an outdated and inefficient process, presenting a significant opportunity for improvement.
This realization led them to discover a broken and underserved market for independent professionals in Mexico who lacked automation and user-friendly efficiency. They found that between 300 to 500 million hours and about $4.12 billion USD were lost annually to manual invoice generation in the country.
This insight was the catalyst for creating Meefi - a solution that enables independent professionals to manage and automate their billing process quickly and efficiently, all in one place. Meefi aims to transform the user experience by allowing them to request invoices without delays or complications. The team believes that billing efficiency is crucial for the success of independent professionals and is committed to solving this challenge.
Meefi in a Nutshell:
Meefi has completely transformed the invoicing process by offering a platform that integrates with WhatsApp, enabling clients to receive invoices instantly. Instead of waiting hours or days for a manually generated invoice, Meefi streamlines the entire process in seconds. Clients can upload their tax information and payment vouchers directly from WhatsApp, and Meefi generates the invoice without errors.
Meefi also offers a sales control system that simplifies the generation of digital tickets. These tickets can be easily converted into global invoices with a single click, providing a comprehensive and efficient solution for managing commercial transactions.
Meefi by the Numbers:
2,000+ automated invoices.
1,000+ individuals have requested their invoices through Meefi.
200+ invoicing hours saved monthly by their customers.
60% MoM growth in 2023.
$100,000 USD raised from Platanus Ventures
Solving a real problem is more than just stating it; it requires talking to customers. At Meefi, everyone does and is expected to do just that.
Alan Said, CEO
Key Takeaways:
USD 4.12 billion lost by independent professionals in Mexico due to lack of invoicing automation every year.
Automated invoicing reduces invoicing errors since the platform, rather than people, handles all customer data and transactions.
Meefi integrates with WhatsApp for customer self-service and instant invoice delivery, saving clients hundreds of hours.
VC Headlines:
Tech Crunch Article: “How African startups raised funding in 2023“
Forbes: “AI's Journey From Enhancing Operational Efficiency To Alpha Generation“
Geekwire: “Starbucks mobile orders surpass 30% of total transactions at U.S. stores”
Wired Article: “Cops Used DNA to Predict a Suspect’s Face—and Tried to Run Facial Recognition on It”
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