Remittance startup Félix has secured $200 million in Series C funding through a transaction co-led by Andreessen Horowitz and General Catalyst. The financing brings the Miami-based company's total funds raised to nearly $300 million since its establishment.
The funding structure combines an $87 million equity investment led by Andreessen Horowitz with participation from QED Investors, Castle Island Ventures, Switch Ventures, Contour Venture Partners, and Endeavor Catalyst. In addition to the equity round, General Catalyst’s Customer Value Fund committed $113 million in debt to support the company's growth.
Founded in 2020 by Manuel Godoy and Bernardo García, the firm has previously closed a $75 million Series B round led by QED Investors in 2025. Alongside the new capital, the company reported that its valuation increased threefold since the Series B round, while revenue grew more than 2.5x over the past year. The business has processed more than $8 billion in transactions to date.
