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Toku raised $9.3m in a Series A funding round led by Gradient Ventures to bolster digital collections in Latin America.

RECENTLY ACQUIREDApr 17, 2024•about 2 years ago

Amount Raised

$9.3 Million

Round Type

series a

San FranciscoSoftware

Investors

WollefFunders ClubY CombinatorClocktowerF PrimeGoogleGradient Ventures

Description

Toku, a Chilean FinTech platform, has successfully closed its Series A funding round, raising a substantial $9.3m. The funds will primarily enhance Toku’s leadership in Chile, hasten its growth in Mexico, and facilitate its Brazilian expansion ambitions.

Company Information

Company

Toku

Location

San Francisco, California, United States

About

Headquartered in Singapore, Toku creates bespoke cloud communications and customer engagement solutions to reimagine customer experiences for enterprises. The company's portfolio of cloud business communications solutions include Programmable APIs, Contact Centre and Corporate Telephony. Toku combines local expertise, regional in-country infrastructure and global reach to help businesses overcome the complexity of digital transformation in APAC markets and enhance their CX with mission-critical cloud communications solutions. Toku works with organisations as diverse as Gojek, foodpanda, JCDecaux, Decathlon and various government agencies to move their communications to the cloud and create new ways to engage with their customers. With Toku, moving to the cloud has never been easier. Learn more at toku.co and LinkedIn.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, FundzIQ™ for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies.

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