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
Airwallex
Global payments and financial infrastructure for modern businesses
AI AnalyticsAI Finance
Pigment
The agentic AI business planning platform
AI FinanceAI Forecasting
Kueski
Buy now, pay later and instant loans for Mexico, powered by AI
AI FinanceAI Fraud Detection
Bold
Digital payments and financial tools for small and medium businesses in Colombia
AI FinanceAI E-commerce
Taktile
Blending AI speed with human oversight for financial decisions
AI FinanceAI Fraud Detection
Flatpay
Simple, transparent payment solutions for small businesses
AI Finance
- 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.
Discussion
Sign in to join the discussion.
Sign inExplore more around Toku
Contextual paths to related AI startups, deals and rankings.