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As edtech evolves, LatAm reskilling platforms raise millions to bring outcomes into the mix

TechCrunch

In the past week, Coderhouse, a live cohort-based learning platform, and Crehana, an on-demand skills development service for the enterprise, both announced financing rounds. The back-to-back raises are a reminder that edtech’s relevance in LatAm isn’t just growing in classrooms, but also within organizations across LatAm.

Platform 121
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Brazil’s Nuvemshop raises $500M at a $3.1B valuation months after last raise

TechCrunch

Just five months after raising $90M, Brazil’s Nuvemshop announced today it has raised $500 million in a round co-led by Insight Partners and Tiger Global Management. That’s up from 20,000 merchants at the start of 2020 and 80,000 at the time of its last raise in March.

Raise 103
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Tiger Global, YC back Rebill’s subscription payment platform for Latin America

TechCrunch

Rebill , an Argentina-based startup, raised $3.6 CEO Nahuel Candia got the initial idea for Rebill in 2018 when he was consulting for an insurance company in Argentina. It also sends payment notifications via multiple channels and enables customers to manage all of their office locations from one platform.

America 99
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Nuvemshop, LatAm’s answer to Shopify, raises $90M in Accel-led Series D

TechCrunch

São Paulo-based Nuvemshop has developed an e-commerce platform that aims to allow SMBs and merchants to connect more directly with their consumers. Nuvemshop has seen the number of merchants on its platform surge to nearly 80,000 across Brazil, Argentina and Mexico compared to 20,000 at the start of 2020.

Raise 108
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Web creator Tim Berners-Lee’s startup Inrupt raises $30 million

TechCrunch

Tim Berners-Lee’s startup, Inrupt, has raised about $30 million in its Series A financing round, a source familiar with the matter said. TechCrunch reported in late October that the three-year-old Inrupt was in talks to raise between $30 million to $50 million. The Inrupt team includes cryptography expert Bruce Schneier.

Web 113
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Pomelo raises $9M to build a payments infrastructure for LatAm fintechs

TechCrunch

Pomelo, a startup building a fintech-as-a-service platform for Latin America, has raised $9 million in a seed round of funding. For now, the three-month-old company is in its infancy — the pre-product phase, which makes it even more notable that the company managed to raise such a large seed round.

Build 107
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Tuna raises $3M to address complexity of e-commerce payments in Latin America

TechCrunch

Tuna is on a mission to “fine tune” the payments space in Latin America and has raised two seed rounds totaling $3 million, led by Canary and by Atlantico. It boasts a customer list that includes the large Brazilian fashion chain Riachuelo, and its platform integrates with others including VTEX, Magento and WooCommerce.

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