Endeavor

2021 Endeavor Catalyst Annual Report

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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!

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