57
S P O T L I G H T
from working at an international
company due to pronunciation
barriers to quickly upskill and
unlock new career opportunities.
Descomplica's (below right)
$84.5M Series E made headlines
this year as the largest edtech
round in Latin America to date.
Founded in 2011, Descomplica
initially focused on helping students
prepare for standardized tests to
enter university and civil service
in Brazil. In 2020, the company
launched the first online university
in Brazil at an accessible tuition
of ~$40/month. Descomplica is
leading the charge in developing
engaging learning methodologies
to drive real pedagogical
outcomes, paving a clear path for
learners into the labor market.
And we all know that education
can be expensive. Laudex, an
impact-driven fintech company
based in Mexico, provides education
loans to students with low- and
middle-income backgrounds.
Laudex's reasonably-priced
education loans allow students to
pursue higher education programs
(undergraduate, graduate, or
technical degrees), setting them
up for greater success in the
workforce. The company recently
announced a $5M investment to
continue its social mission and
focus on growing profitability.
Education is changing, largely
in response to exponential
advancements in technology, and
it must continue to evolve to meet
learners' needs and the workforce
demands of tomorrow. To see just
how education is evolving, look no
further than to entrepreneurs in
the private sector, who are rapidly
innovating to keep pace. Now more
than ever, we must teach students to
be lifelong learners — complacency
is not an option in the face of a
dynamic, global economy. Click
here to read on and learn more!