Toku, a San Francisco, CA-based supplier of an account receivable SaaS platform, raised $48M in Sequence A funding.
The spherical was led by Oak HC/FT. Current buyers, together with Gradient Ventures, F-Prime, Clocktower, Y Combinator, and Honey Island by 4UM, additionally participated.
The corporate intends to make use of the funds to broaden its go-to-market technique and speed up its product improvement.
Led by CEO Cristina Etcheberry, Toku is a monetary expertise firm specializing in complete fee options. It gives fee options to industries with recurring funds, empowering companies to extend income whereas minimizing prices via environment friendly fee processing and enhanced buyer experiences.
The corporate, which has operations in Mexico, Chile, and Brazil with greater than 150 workers, serves greater than 450 enterprises, together with Chevrolet, Mapfre, Liverpool, and MetLife.
FinSMEs
17/04/2025
