Enter Becomes Latin America's First AI Unicorn at $1.2B — Legal AI for Mass Litigation Backed by Founders Fund, Sequoia, Ribbit

PR Newswire·high signal

São Paulo-based Enter raised $100M+ Series B led by Founders Fund at $1.2B valuation, becoming LatAm's first AI unicorn. The company uses AI agents to handle high-volume litigation for heavily regulated enterprises including Nubank, Bradesco, Mercado Livre, Airbnb, and LATAM Airlines. Founded in 2023 by former Wildlife Studios executives, Enter demonstrates how vertical AI can reach unicorn status in 2 years by solving a specific, high-frequency pain point (Brazil processes more lawsuits than any country outside the US).