Aprende Institute Raises $ 22 Million to Grow in Spanish-speaking Markets
October 09, 2021
The following is from Fuentitech.com
The Aprende Institute, a platform dedicated to providing online professional education, completed a Series A-II investment round for $ 22 million and raised $ 27 million. The round was led by the Valor Capital Group.
The round also included Reach Capital, ECMC Group, Univision, Angel Ventures, Capria, Endeavor Catalyst, Artisan Venture Capital, 500 Startups and Crowley Group.
Where is the new capital going?
Martin Claure, CEO of the Aprende Institute, said in a statement that the money will be used to attract talent in all areas, improve education offerings and expand services to businesses and institutions.
The platform serves the United States, an important Latin American and Spanish-speaking market. The Appendate Institute’s partnership with Univision, which was involved as an investor in this latest round, aims to make its product offering “more accessible to the Hispanic community” in the United States.
Another goal the Appendate Institute pursues with this new investment is to expand the school of business and entrepreneurship. The institution has already begun developing marketing, sales, negotiation, and financial courses.
Details of the Appendate Institute
NS edtech company Created in 2019 to provide professional training to Spanish-speaking people living in Latin America and the United States.
Currently, there are approximately 70,000 students in Miami, Mexico City, Bogotá, Buenos Aires and Lima.
The Appendate Institute is one of the companies that is exploding the education and engineering market in Latin America. This sector Broken investment record According to the company, in the first half of 2021, various funds invested 3.6 times as much as in the first half of 2020.