Diligence memo · auto-generated · as of July 2, 2026
Grin, Inc.
Grin, Inc. has raised $46M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Grin, Inc. operates in Fintech, based in MEXICO CITY, CDMX, Mexico. Mobility and payments platform for Latin America
Sub-sector tags: Latin America, Mobility, Payments, fintech, mobility.
Capital & rounds (filed)filed
Grin, Inc. has raised $46M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $46M on 2018-09-27.
Most recent recorded round closed around 2018-09-27.
Valuation (modeled)modeled
Provath models Grin, Inc. at approximately $1.5B (range $169M–$3.9B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Last raise 7.8 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 96% of Fintech peers (1063 compared).
Modeled value ranks above 98% of those peers.
Closest niche peers: Podium Corporation, Inc., New Gables Capital Lending II, LLC.
Peoplefiled
8 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.