Buk raises $35M to enter the Brazilian market


Chilean startup Buk has raised $35M in a funding round led by Base10 Partners, with participation from other investors including Greenoaks and SoftBank Latin America.

Buk offers HR software and payroll management solutions to small and medium-sized businesses in Latin America, with a mission to create happier workplaces and streamline HR operations throughout the region.

With this investment, Buk will have the resources to support its long-term growth plans and facilitate expansion into Brazil.

Buk’s previous funding round gave the company a valuation of $417M, placing it among the top three most valuable startups in Chile. 

Read more on Diario Financiero.

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