Plutto

Emerging

Latin American vendor risk and compliance automation platform tracking certifications and regulatory requirements; $6.6M revenue YC-backed with 44-person team competing with MetricStream for LATAM enterprises.

Updated March 2026

Company Overview

About Plutto

Plutto is a Santiago-based supply chain risk management and vendor compliance platform that automates third-party vendor risk assessment, compliance monitoring, and regulatory due diligence for enterprises across Latin America — replacing the manual spreadsheet and email workflows that procurement and compliance teams use to track vendor certifications, financial stability, regulatory compliance, and ESG requirements. Founded in 2022 by Antonia San Martin and backed by Y Combinator, Cathexis Ventures, and Clocktower Ventures with $550,000 raised, Plutto achieved $6.6 million in revenue in 2024 with a 44-person team.

Business Model & Competitive Advantage

Plutto's platform continuously monitors vendor compliance status across the requirements that Latin American enterprises must track: ISO certifications, local tax compliance (RUT/RUC in Chile and Peru), anti-corruption due diligence, labor law compliance, and ESG reporting requirements. The automation engine sends document renewal requests to vendors, tracks submission status, flags compliance gaps, and generates audit-ready reports that procurement and compliance teams can provide to internal auditors, regulators, and enterprise customers who audit their own supply chains.

Competitive Landscape 2025–2026

In 2025, Plutto competes in the Latin American vendor risk management and compliance market with ProcessMaker (BPMN workflow), MetricStream (GRC platform), and international vendor risk platforms (Coupa, Jaggaer) for enterprise third-party risk management in Chile, Peru, Colombia, and Mexico. Latin American enterprises face increasing compliance pressure from local regulations, multinational parent companies' global supply chain audit requirements, and the emerging ESG reporting mandates in Chilean and Colombian capital markets. Plutto's Latin America-first approach — building for local regulatory frameworks, local tax systems, and Spanish-language workflows — differentiates from global platforms designed for North American and European compliance requirements. The $6.6M revenue at 44 people indicates a scaling, capital-efficient operation. The 2025 strategy focuses on expanding across Latin American markets, adding the financial health monitoring features that assess vendor stability risk, and building the anti-bribery due diligence workflow that multinationals require for FCPA compliance.

Revenue
$6.6M
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Key Differentiators

Emerging Innovator

Plutto is an emerging player bringing innovative solutions to the Logistics & Supply Chain market.

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