What Rankmi does

Rankmi is a Chilean SaaS company founded in 2015 that operates an integrated, AI-powered people management platform for medium and large enterprises across Latin America. The platform consolidates payroll, talent management, time and attendance, benefits, culture and wellbeing, and contractor management onto a single cloud-based stack, replacing fragmented HR point solutions with one system of record. Headquartered in Santiago with offices in Mexico City, Bogotá, and Lima, Rankmi serves 1,800+ companies and 2.5M+ active users across 22 countries, with named enterprise customers spanning banking (BancoEstado, BCP, Banco Pichincha), mining and construction (Komatsu, Ingevec, Grupo Unacem), retail (Falabella, Grupo Libertad), telecommunications (Entel Connect Center), industrial (Cleber, SKC, Tractosol), and government (INE Chile).

The core product architecture consists of a foundational "Plataforma Base + IA" layer (providing the Genius AI assistant, employee self-service, internal communications, dashboards, and a native mobile app for iOS, Android, and Huawei) that underpins three primary modules: Administración y Nómina (payroll, digital signature, time management, contractor payment, global payroll), Talento y Desarrollo (performance, continuous feedback, development plans, OKRs, selection, succession), and Cultura y Bienestar (climate surveys, recognition, benefits catalog, gift cards, telemedicine via Examedi). The platform runs on AWS infrastructure (Oregon, Virginia, with backups in Ireland) and holds ISO 27001, ISO 37001, and ISO 27701 certifications. AI capabilities center on the Genius agent, which uses OpenAI GPT-3 and GPT-4 for conversational query resolution, executes multi-step HR workflows autonomously, and is available through the web platform and WhatsApp. The company also offers integrations with SHL (psychometric testing), Truora (background checks), and HR Global Solutions for multi-country payroll.

Rankmi operates a quote-based SaaS subscription model priced per employee per month, sold through direct enterprise field sales with dedicated local contacts in Chile, Mexico, Colombia, and Peru, complemented by an inside sales motion for mid-market deals and a structured partner/reseller program. Revenue is recurring, contract durations are annual, and pricing is opaque but typically bundled by module. The company has raised approximately $59M across funding rounds, including a $48M Series A and Osmos merger led by SoftBank Latin America Fund in March 2023 and an $11M Series A extension led by Kayyak Ventures and BID Lab in October 2025, and is led by co-founder and CEO Enrique Besa with co-founder Felipe Mundaca as CTO and co-founder Felipe Cuadra as CXO.

Name

Rankmi

Legal name

Rankmi SAC

Website

https://rankmi.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

251–500 employees

Short description

Rankmi is a Chilean SaaS company that provides an AI-powered, integrated people management platform covering payroll, talent, benefits, and culture for medium and large enterprises across Latin America. Its Genius AI agent automates HR workflows across 1,800+ customers and 2.5M+ users in 22 countries.

Ownership category

akta.pro rank

Product category

Human Resources Management Software

NAICS

Custom Computer Programming Services (541511)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

AI Application Enablement Platforms (Copilot/Agent Frameworks, SDKs) (HDAEANAJ)

akta.pro secondary industries

Enterprise Foundation Model Integration & APIs (Connectors, Governance, Deployment) (HDAAACAO), Responsible AI, Security & Privacy Platforms (Safety, Guardrails, PII) (HDAEANAG)

Keywords

• Human resources software
• Payroll management
• Talent management software
• HR automation platform
• Employee engagement software

Headquarters

HQ city

Santiago

HQ country

Chile

HQ region

Latin America

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

1. SaaS Subscription (Full Suite): Rankmi operates as a SaaS platform where companies subscribe to its integrated HR management suite covering Payroll, Talent, Benefits, Time Management, Communication and Organizational Development. Pricing is typically per-employee/per-month based on modules selected and company size. The company offers different modules that can be contracted individually or as a full suite.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels10 records

Core offering

Rankmi is a cloud-based, AI-powered People Management SaaS platform that unifies payroll, talent development, benefits, time management, communication, and organizational culture into a single integrated suite. The platform is built on a foundational layer (Plataforma Base + IA) with an AI assistant called Genius, and is organized into four core modules: Administración y Nómina, Talento y Desarrollo, Cultura y Bienestar, plus a Mercado Público public-sector offering. It targets medium and large enterprises across Latin America, with native mobile apps and AI agent access via WhatsApp.

Product overview

Rankmi is a cloud-based, AI-powered People Management SaaS platform offering an integrated full suite that unifies Payroll (Nómina), Talent Development, Benefits, Time Management, Communication, and Organizational Development into a single platform. The architecture consists of a foundational Plataform Base + IA layer (providing AI assistance, document management, communications, dashboards, and mobile app) that underlies four core modules: Administración y Nómina (employee central data, payroll, digital signature, time management, contractor payment, vouchers, and global payroll), Talento y Desarrollo (performance evaluations, feedback, development plans, goals/OKRs, training, onboarding, and succession), and Cultura y Bienestar (climate surveys, recognition, surveys, external benefits, benefits+, gift cards, chat, and telemedicine). The AI layer (Genius IA) is embedded across all modules as a conversational agent accessible via the platform and WhatsApp, automating routine queries and executing HR tasks. Add-on features include SHL and Truora integrations for recruitment, Rankmi Pulsos for recurring surveys, and the App Mobile for iOS/Android.

Differentiator

Problem solved

Functional benefit

Brands

• Rankmi Hub: Implementation and integration services for the Rankmi platform
• Genius
• Rankmi Pulsos
• Juntas
• The Human Code

Products and services

• Plataforma Base + IA Foundational HR platform layer providing shared infrastructure including the AI Genius assistant, employee self-service document management, official internal communications, dashboards and reporting, and a native mobile app. All other Rankmi modules run on top of this base.
• Administración y Nómina Payroll and HR administration module that centralizes employee data, automates payroll processing with automatic calculations, digital signatures, time management including vacation and leave tracking, attendance control, contractor registration and payment, and meal/gas voucher management.
• Talento y Desarrollo Talent management module covering performance evaluations, continuous feedback, individual development plans, strategic action plans, goal and OKR management, training and learning, selection and onboarding, and 9-box talent grids with succession planning.
• Cultura y Bienestar Culture and employee wellbeing module providing organizational climate surveys, peer recognition programs, customizable polls, external benefits catalog, benefits+ platform, gift cards, internal chat, telemedicine, and Examedi health services.
• Genius IA para HR AI-powered conversational agent built on OpenAI GPT-3 and GPT-4, integrated across all Rankmi platform modules. Available via platform interface and WhatsApp, it automates routine queries about payroll, vacation, benefits, and policies, and executes HR workflows such as vacation approvals and payslip delivery.
• Rankmi Mobile App Native mobile application for iOS, Android, and Huawei AppGallery that gives employees and managers full access to HR processes, culture features, and AI Genius assistance from their mobile devices.
• Mercado Público Public-sector HR solution enabling government agencies to manage HR processes including large-scale hiring (such as census-scale mobilization), payroll, and compliance requirements specific to public administration.
• HR Global Solutions Global payroll and HR services for multinational operations, supporting multi-country compliance and centralized management of cross-border HR processes across Latin American countries.

Quantifiable outcome

• 70% reduction in operational time for HR teams
• +11 more outcomes

Named customers30 records

Segments8 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability8 records

Feature8 records

Partnerships

Three partnerships are on record, tiered flagship and core.

• Osmos (Mexico)flagshipStrategic or Co-development Partner · 3 March 2023Rankmi completed a merger with Mexican HR platform Osmos in March 2023, valued at USD $48 million combined with the Series A. The merger created the new entity Rankmi Company and significantly boosted Rankmi's growth in Mexico and product development capabilities. Both companies operated under the merged entity post-acquisition.
• OpenAIcoreTechnology or IntegrationRankmi's Genius AI module uses OpenAI's GPT-3 and GPT-4 models for generating text responses and binary classification tasks. Enterprise customer data inputs are not used to retrain global language models. Rankmi maintains that customer intellectual property remains intact under a private and secure instance.
• Amazon Web Services (AWS)coreTechnology or IntegrationRankmi's production infrastructure is hosted on AWS in Oregon and Virginia (USA), with backups in AWS Ireland. AWS provides the cloud infrastructure supporting the SaaS platform with advanced security controls including VPCs, Security Groups, and AWS Shield for DDoS protection.

Scale indicators9 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• HiBob: HiBob is a modern, mid-market HCM platform with strong employee experience and talent management focus, expanding into LATAM. Comparable as a full-suite HCM competitor targeting similar mid-to-large enterprises with a modern, AI-forward product.
• Deel: Deel is a global HR, payroll and contractor management platform that originated serving LATAM-based remote workers and has expanded globally. Direct peer because it competes for the same LATAM enterprise HR tech wallet and is rapidly expanding into full HCM suites.
• Rippling: Rippling is a US-based unified workforce management platform covering HR, payroll, IT and finance. Comparable as a full-suite HCM competitor with strong AI capabilities targeting mid-market and enterprise customers globally, increasingly expanding into LATAM.
• Buk: Buk is a Chilean HR and payroll SaaS platform targeting LATAM enterprises with payroll, talent management and people analytics. It is Rankmi's most direct domestic competitor, operating in similar geographies with comparable mid-market and enterprise customer profiles.

Regional players

• ZenHR: ZenHR is an HR and payroll SaaS provider focused on the Middle East and select emerging markets with localized compliance. Comparable as a regional HCM player operating in emerging markets with country-specific payroll, though not directly competing in LATAM today.

Emerging players

• Lattice: Lattice is a performance management and employee engagement platform that overlaps with Rankmi's Talento y Desarrollo and Cultura y Bienestar modules. Comparable as an emerging player whose AI-enhanced performance tools increasingly compete for the same HR tech budget.

Broad incumbents

• Workday: Workday is a global enterprise HCM and financial management cloud platform with deep enterprise penetration and now adding country-specific payroll in LATAM. Comparable as the established incumbent competing for the same large enterprise HR budget.
• ADP: ADP is the global leader in payroll and HR services with strong LATAM presence via ADP Latin America. Comparable as an incumbent payroll provider competing for the same enterprise payroll and HR outsourcing budget.
• BambooHR: BambooHR is a leading SMB and mid-market HCM platform dominant in North America with growing international footprint. Comparable as a broader HCM incumbent targeting similar mid-market customers, though typically smaller deals than Rankmi's enterprise focus.
• SAP SuccessFactors: SAP SuccessFactors is the global enterprise HCM suite within SAP's portfolio, widely deployed at large multinationals operating in LATAM. Comparable as a broad incumbent that Belcorp and other Rankmi customers have migrated from.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks1 record

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/rankmi
• Instagraminstagram.com/rankmioficial

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds5 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rankmi