Toku is a Chilean financial technology company founded in 2020 by Cristina Etcheberry, Francisca Noguera and Enzo Tamburini that provides an all-in-one recurring payments platform for industries with subscription and installment billing. Its software automates the entire payment lifecycle, from presenting payment options to AI-driven customer outreach and collections, helping businesses improve collection rates and reduce churn. In April 2024 Toku raised a $9.3 million Series A led by Gradient Ventures, Google's AI-focused fund, with participation from F-Prime Capital, Clocktower, Y Combinator, Wollef and Funders Club, bringing total funding to nearly $20 million. The company has used the capital to expand operations across Mexico, Brazil and Chile, and later raised a larger Series A extension to further scale its recurring-payments platform.
Toku
ActiveAI-powered recurring payments and collections for Latin America
Total raised
$9.3M
1 round
Stage
Series A
Apr 2024
Team
51-200
since 2020
Pricing
Enterprise
Founded
2020
Santiago
Agent-ready
API
Score 55/100
Automated recurring payments
AI-driven collections outreach
Full billing lifecycle management
Multiple payment method support
Churn and dunning reduction
Reconciliation and reporting
Multi-country LatAm coverage
Subscription and installment billing
55/100
Developing
MCP server
Public API
Webhooks
OAuth 2.0
SDKs
Apr 2024 Series A $9.3M ● Gradient Ventures
Capital network
$20M raised ·6 backers·10 network links
- Backers6
- Shared portfoliocompanies these backers also fund
- Extended networkfunds that co-invest alongside them
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- What does Toku do?
- Toku is an AI-powered recurring payments and collections platform for businesses across Latin America.
- How much did Toku raise?
- Toku raised a $9.3 million Series A in April 2024 led by Gradient Ventures, bringing total funding to nearly $20 million.
- Where does Toku operate?
- Toku operates across Chile, Mexico, and Brazil.
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