Toku Raises $48 Million Series A

Toku Raises $48 Million Series A

NEW YORK--(BUSINESS WIRE)--Apr 17, 2025-

Toku Raises $48 Million to Expand AR Automation Platform in Latin America

Toku has raised $48 million in a Series A funding round for its accounts receivable (AR) software-as-a-service (SaaS) platform focused on mid-market to enterprise businesses in Mexico, Brazil and Chile. The company will use the new funding to double down on its go-to-market strategy and accelerate its product development, according to a Thursday (April 17) press release posted by venture and growth equity firm Oak HC/FT, which led the funding ro…

Toku Raises $48 Million Series A to Expand Accounts Receivable SaaS Across Latin America

Toku, an account receivable SaaS platform, announced today that it has raised $48 million in Series A funding, bringing its total funding to $55 million. With this fundraise, Toku and CEO Cristina Etcheberry have raised the largest Series A by a female founder in Latin America. The round was led by Oak HC/FT, representing its fourth fintech investment in LatAm in the past three years.

Toku raises Series A funds - LatinFinance

Google-backed payment fintech aims to expand from its existing base in Brazil, Chile and Mexico The post Toku raises Series A funds appeared first on LatinFinance.

Toku raises $48M Series A extension to expand payments platform

Mexican fintech Toku raised a $48M Series A extension led by Oak HC/FT, with participation from Gradient Ventures, F-Prime Capital, Clocktower, Y Combinator, and Honey Island. The round follows Toku’s $9.3M Series A in April 2024, bringing its total funding to $55M. Toku centralizes collections and payments by integrating with ERPs to automate billing, payment reconciliation, and omnichannel communication across email, SMS, and WhatsApp. Toku wi…

Toku Raises $48M in Series A Funding

Toku, a San Francisco, CA-based provider of an account receivable SaaS platform, raised $48M in Series A funding. The round was led by Oak HC/FT. Existing investors, including Gradient Ventures, F-Prime, Clocktower, Y Combinator, and Honey Island by 4UM, also participated. The company intends to use the funds to expand its go-to-market strategy and accelerate […] The post Toku Raises $48M in Series A Funding appeared first on FinSMEs.