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Home COUNTRY SCANDINAVIA&BALTICS

Lithuanian startup secures €1.6 million to expand its pay-per-task workforce model in Europe

Arctic Startupby Arctic Startup
June 19, 2025
Reading Time: 5 mins read
in SCANDINAVIA&BALTICS, VENTURE CAPITAL
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Traxlo, a Vilnius-based startup focused on task-based labor management, has secured €1.6 million in funding from investors including Coinvest Capital, Bad Ideas Fund, Plug and Play, NGL, DEPO Ventures, as well as returning backers Iron Wolf Capital and Antler. The company provides a platform that converts physical jobs—such as shelf restocking or warehouse unloading—into standardized, verifiable tasks priced by outcome rather than time. The funding will support Traxlo’s rollout in new European markets, starting with the Czech Republic and Romania, and further development of its AI system designed to automate task assignment and verification. As automation reshapes the labor market, Traxlo aims to address local staffing gaps by offering businesses flexible labor solutions and enabling individuals to take on short-term work through its digital platform.

As generative AI displaces millions of low-skilled white-collar roles, Traxlo is capturing the next trillion-euro shift: redefining how physical work is sourced, priced, verified, and scaled. Rather than selling shift hours or temp jobs, Traxlo offers a new model: outcome-priced tasks, distributed locally via its worker app (tasku.app) and soon to be orchestrated by its AI engine (tasku.ai), which will automate task creation and completion checks using LLM agents and computer vision.

“Traxlo not only addresses labor shortages in retail and logistics, but also drives a systemic-level shift in how short-term work is done,” said Viktorija Trimbel, Managing Director of Coinvest Capital. “It’s rare to see a product with such a solid foundation that is already delivering real value to all platform participants – from companies finding short-term workers to people finding jobs that fit their schedules – and showing strong potential for growth.”

In just three years, Traxlo started collaborations with 60% of the largest commerce players in Europe, including names like REWE Group, Zabka and others. Its marketplace has already delivered over 300,000 physical tasks, ranging from shelf replenishment and product scanning to warehouse unloading and e-grocery picking. Each task is standardized, teachable in a dozen minutes, and executable by local workers or soon – robots.

“We’re not another gig or shift labor app. We’re building the labor infrastructure for the age of AI,” said Paul Vezelis, co-founder and CEO of Traxlo. “If AI is automating knowledge work, Traxlo is standardizing and distributing physical work at the same scale.”

The company’s model unlocks instant local labor in cities with staffing shortages with its maximum flexibility. Workers complete tasks on their terms and get paid weekly. Businesses buy guaranteed outcomes, not hourly presence. For local communities it is revolutionizing the way people can earn predictable income while providing value to businesses.

With this round, Traxlo is doubling down on its strategy, expanding geo coverage and scaling. Future product layers include agentic AI features, doubling down on automation, and connecting real robot workers into the same marketplace of tasks.

Click to read more funding news.

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Read the orginal article: https://arcticstartup.com/traxlo-raises-e1-6-million/

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