Miami — Aprende Institute, an online learning and re-skilling startup that targets Spanish speaking markets in LatAm and the U.S. announced the close of its $22 million Series A-II round. This brings their total funding to date to $27 million.
Martin Claure, originally from Bolivia, is a serial entrepreneur and the company’s founder and CEO. He is based in Miami, and the company launched operations in 2019 in Mexico, Argentina and Colombia. Claure is also the brother of SoftBank International Group CEO Marcelo Claure and Marcelo is an investor in the company.
The round was led by Valor Capital Group with participation from Univision, ECMC Group, Endeavor Catalyst, Capria and The Yard Ventures. Previous investors Asimismo, Reach Capital, Matterscale, Angel Ventures, Claure Group and Salkantay Ventures reaffirmed their support with follow-on investments.
Along with announcing their funding, the company is also disclosing its partnership with Univision. With this new partnership, the two companies will be launching a channel on Univision’s streaming app with classes from Aprende. Aprende hopes this partnership will also open a new customer acquisition channel for the company, because Facebook advertising has become less efficient and more expensive, Claure said.