From bootstrapped to a $417M valuation, Chile’s Buk raises $50M for its HR management platform

From bootstrapped to a $417M valuation, Chile’s Buk raises $50M for its HR management platform

3 years ago
Anonymous $BH0TGXkyPe

https://techcrunch.com/2021/10/05/from-bootstrapped-to-a-417m-valuation-chiles-buk-raises-50m-for-its-human-resources-management-platform/

Chile’s Buk, which has developed a human resources management platform for Latin American companies, announced today that it has raised $50 million in a Series A funding round that values the company at $417 million.

There are a few notable things about this financing. For one, it represents one of the largest (if not the) largest Series A rounds raised by a Latin American startup to date. Secondly, it makes Buk the third most valuable startup in Chile after Cornershop and NotCo.