# Driven Education

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/driven-education

- Industry: Education/Training
- Headquarters: Rio De Janeiro, Brazil
- Website: www.driven.com.br
- Total disclosed funding: $3M
- Latest round: Seed (Aug 24, 2021)
- Investors on record: 5

## About

Based in Brazil, Driven Education operates as an educational institution focused on providing comprehensive coding education and practical skills training for aspiring technology professionals.Driven Education is an educational institution that specializes in coding courses. Founded in 2020 in Rio de Janeiro, Brazil, the company has established itself with a single deal recorded as of August 24, 2021. The company raised BRL 16 million in a SEED funding round led by Iporanga Ventures, with participation from investors such as ArpexCapital, FundersClub, ONEVC, and Radar Gestora de Recursos. The founders, Michel Nigri, Paulo Monteiro, and Pedro Barros, have backgrounds that contribute to the company's strategic direction and operations.Driven Education offers an intensive Full Stack Programming Course designed to equip students with practical coding skills for careers in technology. The curriculum emphasizes hands-on learning and incorporates real-world projects, enabling students to engage deeply with the content and acquire the necessary skills to thrive in the tech job market. The program aims to address the growing demand for skilled professionals in software development, particularly in regions experiencing a tech talent shortage. Driven's core offerings target a diverse client base, including individuals transitioning from different career paths, recent graduates, and those seeking to enhance their technical skills. The courses are available primarily in Brazil, with potential outreach in other Latin American countries.Driven's revenue model is primarily based on tuition fees collected from students enrolling in their Full Stack Programming Course. The structure appears to be straightforward, where students pay a fee for access to the course materials, mentorship, and additional resources such as personalized career preparation sessions. The business might incorporate various payment plans that cater to different financial situations, potentially allowing for monthly installments or one-time payments. Driven promotes a compelling value proposition with a job placement guarantee, underscoring their commitment to student success and providing assurance to clients regarding the return on their investment in education. The focus on delivering practical skills and successful career transitions is likely to enhance customer satisfaction and retention.In August 2021, Driven Education raised BRL 16 million in SEED funding led by Iporanga Ventures, with participation from other investors such as 3G Radar, FundersClub, ArpexCapital, and ONEVC. The company plans to utilize the funding to improve its processes and hire more teachers, which will enhance the quality of the education provided. Driven Education is also exploring potential expansion into other Latin American markets, aiming to reach these new regions by the end of 2023. The company is working on developing additional courses to diversify its educational offerings and meet the increasing demand for tech professionals.

## Funding rounds

- Seed, Aug 24, 2021, $3M — ArpexCapital, FundersClub, Radar, Iporanga Ventures, ONEVC

## Investors

- ArpexCapital (https://capitalatlas.ai/funds/arpexcapital) — Seed
- FundersClub (https://capitalatlas.ai/funds/fundersclub) — Seed
- Radar — Seed
- Iporanga Ventures (https://capitalatlas.ai/funds/iporanga-ventures) — Seed
- ONEVC (https://capitalatlas.ai/funds/onevc) — Seed