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Lately, the Brazilian economic system has been rising steadily, and together with this progress has come an elevated demand for larger schooling. Descomplica, a Brazilian test-prep startup, has obtained $83 million in funding from the Softbank group and different traders to assist meet this demand. The corporate plans to make use of the funds to accumulate and develop new merchandise, together with 33 new programs, by subsequent yr.
Descomplica’s aim is to create probably the most distinguished on-line college in Brazil. Quarterly earnings reported that, as of the tip of September, Cogna Educação SA, Brazil’s largest academic establishment, had 820,000 college students enrolled in its Kroton larger schooling division. Descomplica aids these college students in making ready for standardized assessments to enter universities and authorities service. The corporate additionally supplies undergraduate coursework and has 5 million month-to-month customers.
A variety of notable traders, together with Softbank, the Chan Zuckerberg Initiative, Invus Group, and U2 guitarist The Edge, put cash into the corporate on this newest spherical. With this new funding, Descomplica is properly positioned to attain its aim of changing into the main on-line college in Brazil.
Historical past
Descomplica was based in 2011 by three Brazilian entrepreneurs: Rodrigo Mazza, Gustavo Gouveia, and FabioAngelo. The corporate started as a test-prep platform for college students taking the Brazilian college entrance examination, often called the vestibular.
In 2013, Descomplica expanded its choices to incorporate undergraduate programs. The next yr, the corporate launched a cellular app. In 2015, Descomplica was acquired by the schooling firm Grupo A, however the three founders retained a minority stake within the enterprise.
In 2018, Descomplica raised $50 million from the Softbank Imaginative and prescient Fund and different traders. The corporate used these funds to broaden its operations, together with hiring new workers and opening an workplace in the US.
In 2019, Descomplica introduced that it had raised an extra $83 million from the Softbank group and different traders. The corporate plans to make use of the funds to accumulate and develop new merchandise, together with 33 new programs, by subsequent yr.
Merchandise and Providers
Descomplica provides quite a lot of test-prep and undergraduate programs. The corporate’s merchandise can be found on-line and thru its cellular app.
Descomplica’s test-prep programs assist college students put together for the Brazilian college entrance examination, often called the vestibular. The corporate additionally provides programs for college students taking the Brazilian authorities’s civil service examination.
Along with its test-prep choices, Descomplica supplies undergraduate programs. The corporate’s programs are delivered on-line and embrace video lectures, observe assessments, and suggestions from tutors.
Descomplica has 5 million month-to-month customers. The corporate‘s merchandise can be found in Brazil, the US, and different international locations.
Associated FAQs
What’s the Brazilian college entrance examination?
The Brazilian college entrance examination, often called the vestibular, is a standardized check that college students should take to achieve admission to a Brazilian college.
The civil service examination is a standardized check that college students should take to achieve admission to sure authorities jobs in Brazil.
What’s brazilbased descomplica 83m softbank
Descomplica is a Brazilian test-prep startup that has obtained $83 million in funding from the Softbank group and different traders. The corporate plans to make use of the funds to accumulate and develop new merchandise, together with 33 new programs, by subsequent yr.
