SoftBank backed the human resources platform developer in what is being billed as the largest series A round in Latin American history.

Buk, a Chile-based human resource management software secured $50m in a series A round featuring internet and telecommunications group SoftBank on Tuesday at a valuation of $417m.

Technology investor Greenoaks Capital is the other investor in the round, which ostensibly makes Buk the third highest valued venture-backed private company in Chile, trailing only grocery delivery app Cornershop and meat and dairy substitute producer NotCo.

Founded in 2017, Buk operates a cloud-based platform through which companies can comprehensively manage their human…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
Email LinkedIn