BREAKING: In a landmark move for Latin America’s tech landscape, Silicon Valley powerhouses Founders Fund and Sequoia Capital have co-led a $35 million investment in Brazilian AI startup Enter, pushing its valuation to $350 million. This funding marks the largest investment ever made in an AI-focused company in the region, highlighting the urgent need to tackle Brazil’s staggering legal challenges.
With nearly 80 million active lawsuits—eight times the number in the U.S.—Brazil faces a legal crisis that costs companies billions annually. The surge in labor claims, exacerbated by free digital filings, has overwhelmed banks, retailers, and airlines, prompting the need for innovative solutions. Mateus Costa-Ribeiro, the youngest practicing lawyer in Brazil at just 18, founded Enter to address this pressing issue. A Harvard Law graduate who passed the New York Bar at 20, Costa-Ribeiro left a prestigious Stanford MBA program to revolutionize legal management through AI.
Enter’s advanced platform assists lawyers in managing the full lifecycle of litigation, from case intake to settlement recommendations. “We’ve built a platform that delivers direct cost savings for the largest enterprises in Latin America,” said Costa-Ribeiro. “Solving this in Brazil, the most complex legal ecosystem in the world, proves that our technology can scale globally.”
The startup has already made waves with its AI agents, which enhance law firms’ efficiency and effectiveness. Notably, Enter is on track to process over 250,000 new cases in 2025, nearly double Japan’s annual civil lawsuit filings. Major clients include Brazil’s top banks like Itaú and Santander, as well as retail giants like Mercado Livre and tech leaders such as Nubank and Airbnb.
“This investment is a decisive step toward redefining how Latin American companies harness AI for productivity,” stated Konstantine Buhler, Partner at Sequoia Capital. “Enter is addressing a critical problem in a large market, positioning itself to reshape the region’s business landscape and fuel economic growth.”
The implications of this investment extend beyond immediate financial gains. As Enter prepares to expand its services into complex labor disputes and develop predictive AI tools, it is set to redefine legal strategies across Brazil. “Excess litigation is a more urgent problem in Brazil than anywhere else,” noted Matias Van Thienen from Founders Fund. “Enter’s vertically integrated approach alleviates a systemic drag on the economy.”
As the legal landscape continues to evolve, all eyes are on Enter and its founders, who are poised to lead the charge in transforming how legal matters are handled in Brazil and potentially beyond. With the backing of high-profile investors, the future of legal AI in Latin America looks promising.
This development is a call to action for businesses to adapt to innovative solutions that drive efficiency and bolster legal security in an increasingly complex environment. Stay tuned for further updates on how Enter will change the face of legal proceedings in the region.
