Buk has been one of the clearest success stories among Chilean startups launched recently.
Founded in 2017, Buk is a technology platform for human resources management that already has a presence in Mexico, Peru and Colombia, in addition to Chile.. In a challenging financial environment, Buk managed in February to raise US$35 million in capital, with contributions from VCs Base10 - which has funded well-known Latin American unicorns, such as Rappi and Nowports - and Greenoaks.
This transaction brings Buk's valuation to US$500 million, halfway to unicorn status.halfway to unicorn status. The capital will be used by the startup to strengthen its current international operations and enter the Brazilian market.