BUO, a Mexico City, Mexico-based HRtech company, has raised $3 million in seed funding.
Investors
The round was led by Dila Capital, with participation from Nido Ventures, Daedalus Ventures, and Kuiper.
DILA Capital is a Mexico City-based venture capital firm that fosters the growth of Mexican entrepreneurs and startup companies. The firm seeks to invest in the software, commercial services, and consumer non-durables sectors, focusing on seed and early-stage ventures, as well as debt financing.
BUO Use of Funds
The company will use the funding to enhance its technology, specifically focusing on predictive tools that help businesses attract, retain, and develop top talent.
About BUO
BUO offers an AI-driven platform that enables companies to centralize existing employee data, collect new information, and gain predictive insights into employees’ skills, behaviors, and operational performance. Founded in 2020, BUO serves a client base of over 40 companies, including 5 Fortune 500 companies.
Funding Details
Company: BUO
Raised: $3.0M
Round: Seed Round
Funding Date: August 2024
Lead Investor: Dila Capital
Additional Investors: Nido Ventures, Daedalus Ventures, Kuiper
Company Website: https://www.getbuo.com/
Software Category: Talent Management
Source: https://latamlist.com/buo-raises-3m-in-a-seed-round-led-by-dila-capital/