Buk Raises $50 Million in Series B
Buk, a Santiago, Chile-based human resources technology company, has raised $50 million in Series B funding.
The round was led by Headline, with participation from Workday, Endeavor Catalyst, Greenoaks, and Base10.
Headline is a global venture capital firm invests at all stages, with early-stage funds focused on local markets in the US, Europe, Asia, and Brazil. Its San Francisco-based growth fund supports companies globally from Series B onwards. Headline is dedicated to helping teams achieve global success.
The funding will enable Buk to expand its operations in Mexico and Latin America. The company plans to double its workforce in Mexico, creating jobs in software development, sales, marketing, and customer service.
Buk provides cloud-based software solutions tailored for businesses in Latin America. Its platform is designed to streamline and optimize various HR processes, including hiring, payroll management, employee training, and team management. Their goal is to transform businesses and create happy workplaces. The company currently serves over 1.5 million users across 7,000+ companies.
Funding Details
Company: Buk
Raised: $50.0M
Round: Series B
Funding Month: January 2025
Lead Investor: Headline
Additional Investors: Workday, Endeavor Catalyst, Greenoaks, Base10
Company Website: https://www.buk.cl/
Software Category: HR Management