Henry, an online tech academy investing in people’s education, has raised $10 million in Series A funding led by Kayyak Ventures and Seaya Cathay Latam.
Other venture capitalists and investors such as Dila Capital, Amarena, Eduardo della Maggiora (Betterfly) also joined the series, and Accion Venture Lab, Matías Woloski (Auth0) and Draper University, along with other tech entrepreneurs, followed their previous investment in the series of starting capital.
Henry is the first online tech academy to invest in people’s education. It offers two short but high-quality technical careers that train students with the technologies companies demand and help them find a job: Full Stack Development and Data Science. Henry provides hands-on and first-class learning plans, validated with industry experts and leaders and infused with real-world training (more than 800 hours of coding). In addition, the platform offers a one-to-one career support system that helps students find high-quality jobs in technology.
Martín Borchardt, CEO and founder of Henry, said of the company:
“Henry was founded with the mission of accelerating LatAm’s transition to social equity by connecting people to high-paying jobs. We challenge the education status quo by showing that anyone can learn to code and get a job in technology regardless of their previous professional and socioeconomic background.”
This is very important for LatAm, as it is a region with extreme income inequality and high unemployment. According to Henry’s numbers, 90% of their students get jobs in engineering and increase their previous salary by an average of 4x.
Luz Borchardt, Henry co-founder, added:
“We have introduced the Income Share Agreement (ISA) in the region, a disruptive model that allows us to invest in people with talent and potential. We want to be the technical academy with the highest quality, volume and social impact of Latin America. America. With this new funding, we can consolidate our presence across Latin America, with a strong focus on Mexico and Colombia, and launch new careers with many jobs.”
With more than 5,000 students, Henry is the first online LatAm tech academy to educate students at no upfront cost for a portion of their future income.
Federico Gómez Romero, director of Seaya Cathay Latam, said:
“With its flexible and fair payment options, quality curriculum, remote origin and access to top employers – we believe the company is well positioned to make a lasting, positive impact while leading a very attractive market.”
Evelyn Von Bischhoffshausen, General Partner of Kayyak Ventures, also said:
“In Henry, we saw the opportunity to solve the greatest challenges education has in Latam in terms of coverage, quality and relevance, with a value proposition that is extremely attractive to students and businesses given the growing global demand for technology talent. “
Henry does not charge a hiring fee and candidates are ready to join the company within 24 hours of hiring. Anyone interested can contact Henry’s Job Placement team and get a personalized list of candidates or can access talent.soyhenry.com, browse the available candidates and contact them directly. The website is free, easy to use and has no middlemen.
According to the company, today more than 1,000 companies around the world are hiring Henry talent, from LatAm unicorns to startups from the United States or Europe, such as Rappi, Globant, JP Morgan, Scale AI, Auth0, Accenture, Mercado Libre, Kavak Globant, Savvy, Meowtel and Wisboo.
About the author
Author: Stephen Soulunii
No longer a student, but love to learn. Not a teacher, but care about how students are taught. Not an educator, but wants everyone to be educated. Not a social worker, but desire to see change. Not a reformer, but always wanting to see a better world. The author believes that only good education can bring a better future, a better world and that technology can help a lot in this area.
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