Enter, a Brazilian AI legal technology startup, raised more than $100 million in a Series B funding round at a $1.2 billion valuation, becoming one of the highest-valued AI companies in Latin America. The round was led by Founders Fund, with participation from Ribbit Capital, Sequoia Capital, ONEVC, Atlantico, and Kaszek.
Founded in São Paulo, Enter develops AI technology designed to help companies manage large volumes of litigation and legal claims. The platform uses AI agents to analyze lawsuits, organize evidence, detect fraud, recommend settlements, draft legal defenses, and help companies navigate legal processes from beginning to end.
The company works with enterprises including Airbnb, LATAM Airlines, and Nubank to help manage the large volume of consumer and labor-related litigation common in Brazil’s legal system.
Enter was founded by Henrique Vaz, Mateus Costa-Ribeiro, and Michael Mac-Vicar. Costa-Ribeiro became one of Brazil’s youngest lawyers to successfully argue a case before the country’s Supreme Court and was also admitted to the New York State Bar at a young age.
The company previously raised a $35 million Series A round in 2025 at a $350 million valuation led by Founders Fund and Sequoia Capital. The new financing triples Enter’s valuation in less than a year as investor interest in legal AI platforms continues to grow globally.
According to the company, the platform is focused on helping enterprises reduce legal costs and improve operational efficiency in one of the world’s most litigation-heavy markets. Brazil has tens of millions of pending court cases and one of the highest lawyer-per-capita ratios globally.
