Toku raised $9.3m in a Series A funding round led by Gradient Ventures to bolster digital collections in Latin America.
Apr 17, 2024•over 1 year ago
Amount Raised
$9.3 Million
Round Type
series a
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers