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Brazilian fintech Tako emerges from stealth with sizable seed round led by a16z and Ribbit Capital

  • Brazilian fintech Tako has emerged from stealth with a $13.2 million seed round led by a16z and Ribbit Capital.
  • Tako is an employee life cycle platform that automates tasks like onboarding and payroll, targeting mid-market white-collar companies in Brazil.
  • The platform uses an LLM to keep up with the frequently changing labor laws and union rules in Brazil.
  • Tako plans to use the funding for research and development, expanding its features, and doubling or tripling the R&D team.

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