🏆 2024 Latin America & Caribbean EdTech 100
✨ This week HolonIQ launched the 2024 Latin American EdTech 100. The list highlights a shift towards scalable, digital, and skills-focused solutions, with a strong showing of early-stage startups present in this vibrant ecosystem.
Hello 👋
HolonIQ's annual LATAM EdTech 100 identifies the most promising EdTech startups transforming education across the LAC Region. This year's cohort highlights a shift towards scalable, digital, and skills-focused solutions with Education Management Systems in focus, followed closely by Workforce and Skills platforms addressing the growing demand for tech talent. Direct-to-consumer (D2C) models are thriving, with learning apps, upskilling solutions, and tutoring services catering to learners' desire for flexible and accessible education. Brazil leads the pack with nearly half the EdTech startups, followed by Mexico and Argentina. The strong showing of early-stage startups indicates a vibrant ecosystem ripe for investment and growth.
Read the full article on our website and delve deeper into the trends shaping the future of education and workforce upskilling in the region. Customers can analyze the complete list on the platform here.
💪 Power Moves
🤝 Anthology partnered with Obrizum, a UK-based digital learning AI-powered platform, to provide personalized learning solutions and analytical insights within Anthology’s Blackboard LMS.
🪄 D2L, an educational solutions provider, launched Creator+, a GenAI-powered course authoring tool that integrates with H5P, an open-source content creation tool. D2L acquired H5P in July.
⏪ The U.S. Department of Education will withdraw its guidance on “third-party services” within the next four weeks after initial resistance
🪜 Career Prep and Development
💰 SchooLinks, a college and career readiness platform, secured $80M to expand and support its platform for K-12 students across the U.S.
💼 DeVry University partnered with OneTen, a career pathway organization, to provide scholarships for gaining work-ready skills with access to job opportunities.
💰 Deals of the Week
🏫 EQT AB, a Swedish investment firm, acquired Nord Anglia Education for $14.5B.
💰 SchooLinks, a college and career readiness platform, secured $80M to expand and support its platform for K-12 students across the US.
🏘️ Empiric Student Property, a UK-based student accommodation operator, raised $72.7M to expand acquisitions and refurbishment projects.
🧑💻 UpGrad, an Indian upskilling provider, received $60M in growth capital from Singapore’s sovereign wealth fund, Temasek.
👩💻 Cyber Guru, a cybersecurity awareness training provider, raised $25M to expand its sales marketing and development operations.
🧑🏫 Farid, an Egyptian mental health startup, received $250K to develop its platform and operations and expand into Saudi Arabia and the UAE markets.
🎟️ ILAC Education Group acquired the US-based UniApplyNow, a university admission platform, to strengthen its North American higher education platform customer base.
🖥️ Trainocate, an IT education company, acquired EnterOne, an advanced technology training and services provider, to expand Trainocate’s global presence.
📚 Relay, a provider of K-12 special education and Medicaid workflow solutions, secured an undisclosed investment from Resurgens for go-to-market strategies and expansion
Thank you for reading. Have a great week ahead!
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