Brazilian fintech Tako emerges from stealth with sizable seed round led by a16z and Ribbit Capital
Nov 12, 2024
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Discover how a new Brazilian fintech is revolutionizing payroll management in a country riddled with complex labor laws and influential unions. The co-founder of DogHero shares insights on the challenges of running payroll in Brazil. This startup aims to automate processes and ensure compliance using cutting-edge technology. Tune in to hear about the impact of their recent seed funding round and the potential to transform employee lifecycle management in the region.
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Quick takeaways
Fernando Gadotti founded Tako to automate payroll processes in Brazil, addressing challenges like changing laws and union influences.
Tako employs a large language model to ensure compliance and efficiency, aiming to support mid-market businesses in the evolving HR tech space.
Deep dives
The Importance of Gratitude and Therapy
Expressing gratitude towards oneself is essential for personal growth and self-acceptance. Engaging in therapy can facilitate this process, allowing individuals to reflect on their experiences and improve their relationships with others, such as family members. By sharing personal experiences, it was highlighted that therapy helped in becoming a better person, which in turn strengthened familial bonds. This approach encourages people to acknowledge their own value and the progress they can achieve through self-reflection and professional guidance.
Innovative Payroll Solutions in Brazil
Navigating payroll in Brazil is complicated due to constantly changing laws and the influence of numerous unions, presenting significant challenges for businesses. Fernando Godotti, addressing these issues, founded Taco, an employee lifecycle platform designed to automate payroll processes and improve efficiency. Taco utilizes a large language model to continuously update its system with labor and union law changes, enhancing accuracy and saving time for companies. Targeting mid-market businesses, Taco plans to expand its services while prioritizing research and development to stay competitive in the evolving HR tech landscape.
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Taco: Revolutionizing Payroll Management in Brazil
Running payroll is hard in any country, but perhaps especially so in Brazil thanks to consistently changing laws and extremely influential unions that make it significantly harder to get it right. Fernando Gadotti struggled with this as the co-founder and CEO of DogHero, LatAm’s version of Rover.