Brazil’s Enter Raises $100M Series B to Become Latin America’s First AI Unicorn
A Brazilian legal technology startup has just rewritten the record books for artificial intelligence investment in the region. Enter, founded in São Paulo in 2023, has closed a Series B round of over $100 million, reaching a valuation of approximately $1.2 billion and becoming Latin America’s first AI unicorn a milestone that took just two and a half years to achieve.
The round was led by Founders Fund, with participation from Sequoia Capital, Ribbit Capital, Kaszek, Atlantico, and ONEVC, according to the official press release. The valuation has tripled in under eight months, making it one of the fastest growth trajectories for any AI company in Latin America. Global law firm Greenberg Traurig advised Enter on the transaction.
Built for One of the World’s Most Litigious Markets
Enter’s rise deeply rooted in a structural problem unique to Brazil. The country entered 2026 with roughly 75 million pending lawsuits and accounts for more than 90% of the world’s labour court cases, per Rio Times reporting. Enter’s AI agents autonomously handle the full litigation workflow from evidence discovery and drafting legal responses to settlement negotiation before routing outputs to lawyers in its network for expert review. The platform currently processes over 300,000 lawsuits annually.
Its client roster reads like a who’s who of Latin American enterprise: Airbnb, Nubank, Mercado Libre, and LATAM Airlines are among the 45-plus companies relying on Enter today. Revenue has grown more than 10 times since its Series A, the company confirmed. With plans to grow its team from 100 to 150 employees and geographic expansion targeted for the second half of 2026, Latin America’s first AI unicorn is just getting started.
