Descomplica, an online education platform for high school and pre-university students, has announced a new investment round. The investment includes participation from several international and local organizations, such as Valar Ventures, Valor Capital Group, 500 Startups, El Area and Social+Capital Partnership.
Launched in March 2011, Descomplica offers students support in eight areas of study: Biology, History, Geography, Physics, Chemistry, Mathematics, Portuguese and Writing. It provides video and audio content for learning, allows students to try their knowledge through quizzes and tests, and even provides a Q&A forum for feedback from teachers and peers. Currently, Descomplica boasts a library of 2,500 video classes and is headed by company CEO Marco Fisbhen.
The funds from this latest investment will be put towards hiring, technological improvements, and content creation as well as other expansion measures. Company leaders hope to grow its video library to over 10,000 and double the number of educators involved.
An All-Star Network of Support
What’s more, Descomplica’s list of stockholders will now include an impressive list of professionals, including Peter Thiel and Antoine Colaco. Colaco expressed excitement at the prospect, “We are excited about this investment and about the possibility of revolutionizing, through new technologies, the education scenario in Brazil. Marco Fisbhen has years of experience in education, and we believe that he is the kind of talented entrepreneur who can provide, through Descomplica, content that is relevant and accessible to all high school students.”
With a support network of leading entrepreneurs, investors and organizations, Descomplica has certainly been given a boost above the numerous enterprises at work in Brazil’s online education market right now. Will this boost eventually put it head and shoulders around the rest?