NOW Diego Asenjo is building a passport of trust for every legitimate business SEED Mesh raises $5.7M led by Greycroft QUOTE "I just could not unsee that problem" ROOTS From a small auto-parts shop in Argentina STAT 99%+ satisfaction from verified SMBs NOW Diego Asenjo is building a passport of trust for every legitimate business SEED Mesh raises $5.7M led by Greycroft QUOTE "I just could not unsee that problem" ROOTS From a small auto-parts shop in Argentina STAT 99%+ satisfaction from verified SMBs
CEO & Co-founder, Mesh

Diego Asenjo

He grew Amazon Business Prime into a multi-billion-dollar machine. Then he walked out the door to fix the boring, brutal problem hiding underneath it all: proving a small business is real.

Diego Asenjo, CEO and co-founder of Mesh
The face of a founder who couldn't unsee the problem.
The dispatch

Somewhere right now a cosmetologist is being kept off a marketplace because a database cannot tell she is licensed. A contractor is paying more for credit because a national agency has thin records on him. Diego Asenjo spends his days on exactly that quiet injustice.

Asenjo runs Mesh, an Austin company that verifies whether a business is legitimate, licensed, insured, and compliant - in real time, in seconds. It is unglamorous infrastructure. It is also the kind of plumbing that decides who gets to participate in the modern economy and who gets quietly left out. He left one of the most powerful jobs in tech to go work on the pipes.

$5.7M
Seed, led by Greycroft
99%+
Verified SMB satisfaction
2020
Founded in Austin, TX
30+ yrs
Collective Amazon DNA
The long read

A founder who turned a database problem into a mission.

Start with where he is now. Asenjo is the CEO and co-founder of Mesh, a B2B identity startup that does one stubbornly hard thing well: it tells a marketplace, a lender, or an insurer whether the small business on the other end of a transaction is who it claims to be. Registration, licensing, insurance, background - checked against authoritative sources, returned fast enough to keep a sign-up flow from stalling.

The category has an ugly acronym, KYB, and an uglier reputation. Most of the tools built for it are slow, built for banks, and allergic to the long tail. Asenjo's whole pitch is that the businesses who need trust the most - the new ones, the small ones, the one-person shops - are the ones the existing system serves the worst. Mesh is the correction.

He did not arrive here by accident. At Amazon, Asenjo was the product leader who devised the business case and vision for Business Prime and carried it from a slide deck into a multi-billion-dollar program for Amazon's business customers. That is the part of the resume that opens doors. The part that mattered more was what he saw while building it.

I came to learn how full of friction and painful the process of verifying a business is.
Diego Asenjo, on his Business Prime years

Business Prime lived inside Amazon's B2B e-commerce division, which meant Asenjo spent his days at the seam where businesses meet the internet. And the seam was a mess. Even Amazon - with its money, its engineers, its data - could not make business verification fast and fair at scale. The off-the-shelf solutions, he found, "were not keeping up with the marketplace needs, with the internet speeds, and with the expectations of businesses who need to get those verifications done fast."

The thing he could not unsee

Here is the detail that explains the man better than any title. Asenjo's father - a man everyone called Tito - ran a small auto-parts business back home in Argentina. For years it ran on the oldest technology there is: local relationships and a good name. Then commerce went digital, and the rules changed underneath him. Bigger players had better records with the national reporting agencies. Tito did not. So he paid more for credit, more for insurance, and watched opportunities route around him.

Seeing my dad struggle was unsettling, and I felt utterly helpless.
Diego Asenjo

That helplessness is the engine of the whole company. When Asenjo finally told his parents he wanted to spend his career helping small businesses thrive at scale, Tito, he says, "was so happy that he cried joyfully." There is a heavier coda: Tito passed away unexpectedly only weeks after Asenjo began building Mesh. The photograph that runs with his founding essay is the last one of the two of them together.

You can draw a straight line from that auto-parts shop to a Greycroft term sheet. The injustice Asenjo watched up close - small business, real and honest, penalized by bad data infrastructure - is the exact thing Mesh exists to undo. At Amazon he discovered the same pattern at planetary scale, hurting the newest and smallest businesses most. "I just could not unsee that problem," he says. So he left.

A tech company, on purpose

In 2020 he co-founded Mesh in Austin with Tony Bryan, who had led engineering for Amazon Pay by Invoice. The pairing was deliberate, and so was a line Asenjo draws in the sand about what kind of company they would be.

Plenty of startups wander into verification promising to "bring tech" to what is really a services problem, and quietly become tech-enabled service shops - humans in a back room, a thin app on top. Asenjo wanted none of it.

I knew that we wanted to be a tech company.
Diego Asenjo, on Mesh's founding philosophy

The distinction is not vanity. A services company scales by hiring; a technology company scales by code. If the goal is to verify 100% of legitimate businesses - including the micro-businesses that will never justify a human reviewer - the only path is automation that is cheap, instant, and fair. The mission statement reads like a manifesto: weave "a fair, inclusive, and accurate fabric of trust, one verification at a time," and make business identity "radically simple, trusted, and portable."

Portable is the quietly radical word. Today a business proves itself over and over, from scratch, to every marketplace and lender it meets. Asenjo's bet is that trust should travel with the business - earned once, carried everywhere, like a passport. That is the version of the internet he is trying to build, one cosmetologist and one contractor at a time.

The Amazon habits that survived

Asenjo did not leave Amazon's culture at the door. Customer obsession came with him. He talks about Mesh making decisions "on a daily and weekly basis" against customer-love metrics, and the 99%+ satisfaction number from the SMBs and sole proprietors Mesh verifies is the kind of stat an ex-Amazon PM frames on the wall. The difference is who the customer is now. At Amazon the customer was, ultimately, Amazon's bottom line. At Mesh it is the auto-parts shop that never got a fair shake.

In early 2024 Mesh stepped into the open: a $5.7M seed round led by Greycroft, a multi-factor business identity product aimed at marketplaces, e-commerce, and compliance teams, and a leadership bench stocked with industry veterans including a chief revenue officer and a VP of partnerships and data. Total funding to date sits around $11.5M. For a company solving a problem most people never think about, that is a lot of conviction from people who think about it for a living.

The throughline from Stanford to Techint to Amazon to Mesh is not ambition for its own sake. It is a son who watched his father get edged out by a system that could not see him - and decided to rebuild the part of the system that does the seeing.

The mission
A fair, inclusive, and accurate fabric of trust - one verification at a time.
The unglamorous frontier

The businesses everyone else's software ignores.

Mesh's world is not flashy. It is the real economy - the trades, the marketplaces, the people who fix and build and groom. The kind of work that needs a license, an insurance policy, and a way to prove both in seconds.

01 / LICENSES

Cosmetologists & trades

Instant, real-time license verification for the professionals marketplaces want to onboard fast.

02 / CONTRACTORS

General contractors

Construction license checks, subcontractor validation, and ongoing trade-license monitoring.

03 / MARKETPLACES

Home-service platforms

Seller and provider verification with trust badges that customers can actually believe.

04 / INSURANCE

Coverage verification

Confirm a business carries real, active insurance before money or risk changes hands.

05 / COMPLIANCE

Continuous monitoring

Not a one-time check - ongoing monitoring across a business's entire lifecycle.

06 / IDENTITY

Portable business trust

Verify once, carry it everywhere. Identity that travels with the business like a passport.

The quote wall

Five lines that explain the founder.

I just could not unsee that problem.

Seeing my dad struggle was unsettling, and I felt utterly helpless.

I came to learn how full of friction and painful the process of verifying a business is.

The solutions out there were not keeping up with the marketplace needs, with the internet speeds.

I knew that we wanted to be a tech company.

Make business identity radically simple, trusted, and portable for 100% of legitimate businesses.

Pass it on.

Trust should be portable. So should a good story.