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Search resuls for: "Esteban Sosnik"


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Aprende InstituteEsteban Sosnik, a cofounder and partner at Reach Capital. Reach CapitalRecommended by: Esteban Sosnik, Reach CapitalRelationship: InvestorTotal funding: $27.2 million, according to the companyWhat it does: Aprende Institute offers vocational training for the US Hispanic community. Why it's on the list: While there are several prominent trade and upskilling startups, not all of them offer instruction in Spanish. Aprende Institute offers career training catering to the US Hispanic community, operating "in support of their economic empowerment," said Sosnik. Aprende Institute last raised $22 million in Series A funding in the fall of 2021, led by Valor Capital Group.
Persons: Esteban Sosnik Organizations: Aprende, Reach, Aprende Institute, Valor Capital
Innovamat is a Barcelona-based edtech startup that uses a new way of teaching math to K-8 students. Now, the team has raised $21 million in Series A funding and will expand into the US. The idea for Innovamat, a startup focused on developing a new way to teach math to K-8 students, came to the company's cofounders when they were students themselves. In 2015, Dotti and Piedra spent their free time working as engineering and math teachers at their university's neighboring academy, which helps first year students study and pass important qualifying exams. Check out the 13-slide pitch deck that Innovamat used to raise $21 million in Series A funding:
Reach Capital has closed its fourth fund with $215 million to invest in education startups. The team is also looking to back more companies using generative AI in education, Reach Capital founding partner Esteban Sosnik told Insider. Near the end of 2022, edtech investing had just reached $8.89 billion in 2022, according to PitchBook. While generalist investors still have some interest in edtech deals, some of the hype has worn off. Reach has also backed several edtech startups that went on to become unicorns, or reach a valuation of over $1 billion, including Outschool, ClassDojo, and Handshake.
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