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Traxlo raises €1.6M to expand its labor infrastructure across Europe, with investment from Coinvest Capital, Bad Ideas Fund, and Plug and Play.

Jun 19, 2025•6 months ago

Amount Raised

€1.6 Million

VilniusArtificial Intelligence

Investors

AntlerIron Wolf CapitalDepo VenturesNglPlug And PlayBad Ideas FundCoinvest Capital

Description

Lithuania-based Traxlo has raised €1.6M in funding to enhance its pay-per-task labor infrastructure throughout Europe. The company is pioneering a model that transforms physical work into verifiable tasks through its worker app. With plans to automate task creation using AI, Traxlo is redefining labor sourcing and pricing. Notable investors in this round include Coinvest Capital, Bad Ideas Fund, and Plug and Play.

Company Information

Company

Traxlo

Location

Vilnius, Vilnius County, Lithuania

About

Traxlo is building the future of blue-collar labor: a pay-per-task labor infrastructure for the AI era. As automation reshapes global workforces, traditional shift-based staffing no longer fits. Traxlo replaces it with an outcome-based model, breaking physical work into standardized, measurable tasks - matched instantly to local workers via our tasku.app and soon orchestrated by AI and robotic agents.

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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