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Pulpos

Founded 2023 · 26 employees on LinkedIn · 10 known investors

Pulpos is a cloud-based point-of-sale and business management system for small and medium-sized businesses in Mexico, offering sales, inventory, invoicing, online store, supplier management, and financial control features.

Also known as Pulpos

Founders & leadership

Pulpos was founded in 2023 by Frank Martin and Franco Silvetti.

FMFrank Martin
Frank MartininCo-Founder
FSFranco Silvetti
Franco SilvettiinCo-Founder

Investors · 10

Also in the syndicate · 4

H2O Capital InnovationImpact VenturesLatitudNewtopia

Company profile

researched Aug 2026

Pulpos is a cloud-based business management system for merchants in Mexico that combines point of sale, inventory management, CFDI 4.0 electronic invoicing, online catalog/store, purchasing and supplier management, finance and manufacturing modules in a single platform. The system runs from any internet-connected computer, tablet or phone with no installation, supports multiple simultaneous devices, and works with standard retail hardware such as thermal printers, scales, cash drawers and barcode scanners; the mobile app allows sales to continue during connectivity interruptions.

Product capabilities include ticketing with WhatsApp sharing, phone top-ups and service payments, credit sales, cash-register close-outs, multi-warehouse and multi-branch stock control with transfers, batch and expiry tracking, kits, variants, layaways, price lists per customer, quotations, employee permissions, accounts receivable and payable, a customer portal for viewing and paying debts, profit reporting, and an online store with synchronized stock, WhatsApp ordering and Mercado Pago card payments. Invoicing covers unlimited CFDI 4.0 invoices, payment complements, global invoices for the SAT and customer self-invoicing. A newer AI assistant lets merchants query sales data in natural language instead of running reports.

The company was founded in 2023 by Franco Silvetti, Frank Martin and Lucas Cortés and describes itself as a SaaS solution for independent retailers in Latin America. Coverage in April 2026 reported plans to embed AI agents into the platform through WhatsApp to answer customer messages, send debt reminders, issue receipts and update inventory automatically.

Founding story

Pulpos was founded in 2023 by Franco Silvetti, Frank Martin and Lucas Cortés to move Mexican small and medium enterprises onto cloud point-of-sale software by building on tools merchants already use, particularly WhatsApp.

Business model

Subscription SaaS sold directly to merchants in tiered monthly or annual plans, with a 14-day free trial requiring no credit card. Published plans range from Plan Inicial at MXN 129/month (MXN 89/month billed annually, MXN 1,068 + VAT per year) for one user and three invoices per month, through Plan Esencial (MXN 249/169), Plan Avanzado (MXN 599/419) and Plan Pro (MXN 859/599) with unlimited users, invoices and warehouses. Additional branches are sold per location (MXN 2,148 or MXN 3,108 + VAT per year depending on plan) and paid add-on modules cover manufacturing, wholesale catalog, bank reconciliation and white-labeling.

Recurring per-account subscription fees differentiated by number of users, invoice volume, branches and warehouses, plus paid add-on modules; invoicing stamps are included rather than billed separately.

Traction

The company reports more than 12,000 businesses in Mexico using the platform. Earlier coverage cited over 5,000 active sellers, concentrated in Mexico City, Monterrey and Guadalajara, and stated that merchants using the platform increased profitability by an average of 20%.

Latest developments

In April 2026 Pulpos announced a US$5 million round led by Dalus Capital with Impact Ventures, Daedalus and Alive Ventures participating, earmarked for AI agents inside its WhatsApp-based system that respond to customers, send debt reminders, issue receipts and update inventory. Alongside the raise the company published a study of more than 5,000 Mexican merchants covering transaction cycles, payment methods and over one million messages, finding that 43% of sales are paid in cash, 27% are informal direct credit between merchant and customer, and eight of ten supplier purchases are settled on one-day to one-week credit. The product also added an AI assistant for natural-language sales queries.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Positions itself as a management system built specifically for Mexican merchants, covering point of sale, inventory and SAT-compliant invoicing in one system rather than separate tools or spreadsheets. Reported reach of more than 12,000 businesses in Mexico, with app-store ratings of 4.8 (566+ reviews), 4.7 on Google Play (80+ reviews) and 4.4 on Trustpilot (30+ reviews).

Bundles point of sale, inventory, unlimited CFDI 4.0 invoicing without separately purchased stamps, finances and an online store in a single cloud system localized for Mexican tax and retail practices, with WhatsApp used as a core channel for tickets, orders and support, and an emphasis on fast setup and use without technical training.

Technology

Cloud-hosted multi-device platform with real-time synchronization between counter, warehouse and online store, offline-capable mobile application, integrated CFDI 4.0 stamping for Mexican tax invoicing, Mercado Pago payment collection, WhatsApp ordering and messaging integration, and an AI assistant that answers natural-language questions about sales data. Planned work covers AI agents operating over WhatsApp to handle customer replies, debt reminders, receipts and inventory updates.

Go-to-market

Self-service online signup with a 14-day free trial and same-day onboarding, supported by inventory loading assistance, data migration help, Spanish-language support over WhatsApp and email, account executives on higher plans, mobile apps distributed through the App Store and Google Play, and content marketing through a Spanish-language blog and the El Mostrador podcast. The company said it planned to open physical offices in Mexico City, Monterrey and Guadalajara for local technical support.

Small and medium independent retailers and merchants in Mexico, including hardware stores, auto parts stores, pharmacies, grocery and convenience stores and apparel shops, ranging from single-counter operations to businesses running several branches and a central warehouse.

Geography

Focused on Mexico, with users concentrated in Mexico City, Monterrey and Guadalajara and stated plans for offices in those cities; an office was opened in Guadalajara following the 2024 seed round. A contact address in Newark, Delaware, United States, and a US phone number are listed on the website.

History

Founded in 2023 by Franco Silvetti, Frank Martin and Lucas Cortés. In April 2024 the company raised a US$4 million seed round used to build its development team, open an office in Guadalajara, and launch a cloud interface for rapid store setup and AI-enhanced POS capabilities. In April 2026 it announced a US$5 million round to add AI agents delivered through WhatsApp.

Risks & controversies

Reported operating context includes very low AI adoption among Mexican micro-businesses (about 0.1% versus more than 17% at large corporations) and a contraction in regional venture funding, with seed-stage round counts in 2025 at their lowest level since 2017. The platform requires an internet connection, with only the mobile app able to continue selling during outages.

Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Active sellersApr 20265,000 sellers
App Store ratingJan 20264.8 out of 5 (566+ reviews)
Average increase in SME profitability reported for platform usersApr 202420%
Businesses using the platformJan 202612,000 businesses
Entry plan price (annual billing)Jan 202689 MXN per month plus VAT
Free trial lengthJan 202614 days
Google Play ratingJan 20264.7 out of 5 (80+ reviews)
Trustpilot ratingJan 20264.4 out of 5 (30+ reviews)
Users in MexicoApr 20245,000 users

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 5

by search overlap

Companies competing with Pulpos for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 4

launches, deals, and filings
Apr 2026
Pulpos raises US$5 million led by Dalus Capital

Round with participation from Impact Ventures, Daedalus and Alive Ventures, to integrate AI agents into the WhatsApp-based management platform.

$5M source ↗

Jan 2026
AI assistant added to the point-of-sale product

Marketed as new, the assistant answers natural-language questions such as weekly sales totals without the merchant opening reports.

source ↗

Apr 2024
Office opened in Guadalajara

Proceeds of the seed round were allocated to expanding presence in Mexico, including a new office in Guadalajara.

source ↗

Apr 2024
Pulpos raises US$4 million seed round led by Andreessen Horowitz

Seed round with participation from H2O Capital Innovation, Latitud and Newtopia, used to grow the software development team, open an office in Guadalajara and enhance POS capabilities with AI.

$4M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 6

primary sources listed

6 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Pulpos do?
Pulpos is a Mexican cloud point-of-sale and business management platform for small and medium retailers.
Who founded Pulpos?
Pulpos was founded by Frank Martin, Franco Silvetti in 2023.
Who are Pulpos's investors?
Pulpos's investors include Digital Currency Group, Latitud Ventures, Tantauco, Dalus Capital, HTwenty, Newtopia VC.