Walless has advised Traxlo on raising EUR 1.6 million in funding to support the expansion of its AI-driven, pay-per-task labor platform across Europe. Tegos reportedly advised Coinvest as the lead investor.
According to Walless, Traxlo’s model enables businesses to pay for outcome-based tasks, rather than traditional hourly or shift-based work. The platform uses artificial intelligence to assign tasks to workers and verify their completion. The investment will help scale operations and further develop Traxlo’s technology to improve access to physical work opportunities across European markets.
The Walless team included Partner Andrius Ivanauskas, Associate Partner Domas Sileika, and Associate Aura Rimonyte.
