SoftBank, Riverwood lead $93 million investment in Brazilian HR startup Gupy

FILE PHOTO: Softbank Corp's logo is pictured at its branch in Tokyo April 17, 2013. Masayoshi Son, billionaire founder of Japanese mobile carrier SoftBank Corp, is expected to stay in the battle for U.S. wireless service provider Sprint Nextel Corp, even though he could profit handsomely by walking away. REUTERS/Yuya Shino

SAO PAULO (Reuters) - Brazilian digital human resources startup Gupy said on Monday it has raised 500 million reais ($93.15 million) in a funding round led by Japan's SoftBank and U.S. venture capital firm Riverwood.

Founded in 2015, Gupy uses artificial intelligence to select, hire and train employees. According to the startup, it has around 1,500 client companies in Latin America, including Ambev, GPA, Vivo, Cielo and Lojas Renner.