Crehana, a leading education technology platform for companies and individuals focused on closing the reskilling and upskilling gap in Latin America, announced that it has raised $70M in a Series B round led by General Atlantic. This round represents Latin America’s largest Series B funding for an education technology company and comes just months after Crehana raised a $13M Series A extension round. Crehana will leverage the funding to expand its enterprise solution, launch operations in Brazil, and invest in new products and technologies. Crehana is disrupting the Latin American workforce development industry by delivering a single-point-of-contact for enterprises to access an array of tools that assist through the entire employee learning and development journey, including assessing skill gaps in an existing employee base, learning path recommendations, and progress tracking, among other solutions.
Crehana seeks to deliver a fruitful learning experience. The company is focused on the quality and delivery of its courses, controlling the entire value chain from the sourcing of instructors to production, distribution, and consumption of content. Crehana works with more than 400 experts to offer over 700 courses that teach 100,000+ techniques and competencies. Importantly, courses are meant to be localized, offer a mix of asynchronous and synchronous learning, and maximize engagement between instructors, mentors, and students, culminating with a final personal project that validates the learnings and provides employers and students with concrete feedback on opportunities for constant development. Crehana’s triple-digit growth in 2020 is a clear indication that Latin America is going through a significant digital transformation and with that, companies are experiencing a rapidly increasing need to reskill and upskill employees. This year, the company plans to continue to accelerate its growth, focusing on aggressively scaling Crehana for Business, its enterprise-grade learning ecosystem, throughout Latin America.