# Egg

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/egg

- Industry: Software
- Headquarters: Argentina
- Website: www.eggeducacion.com
- Total disclosed funding: $2.4M
- Latest round: Seed (Jun 1, 2021)
- Investors on record: 4

## About

Egg SAS is an educational company focused on providing essential skills for the modern workplace through innovative training solutions in programming, automation, and data science, catering mainly to corporate clients and educational institutions.Egg SAS, founded in 2015 in Argentina, specializes in delivering educational services with a focus on practical skills for the technology sector. The company has not undergone any significant strategic pivots or changes in operations. Ignacio Portillo, also the CEO, has played a pivotal role in guiding the company since its inception. Egg has raised USD 1.00 mn in Seed funding, led by Draper Cygnus, with a total amount raised of USD 1.00 mn through 4 deals, the most recent occurring on June 1, 2021.Egg provides a comprehensive suite of educational services primarily focused on essential skills for the modern workplace, including full-stack web programming, test automation engineering, and data science careers. The company emphasizes a collaborative learning model, where courses are designed to be 80% practical to enhance knowledge application and foster team synergy among participants. Their client base includes organizations such as Banco Santander and Mercado Libre, along with partnerships with universities like Universidad de la Punta. Egg serves a diverse audience across various geographical markets, primarily in Latin America, having trained over 1,500 professionals and certified more than 5,000 individuals through governmental programs, thereby addressing the skills gap in the technology sector and enhancing employability prospects for students and professionals alike.Egg's revenue model revolves around B2B partnerships and direct training services provided to both corporate clients and educational institutions. The company offers customized training solutions, including co-created content tailored to client needs, especially for groups exceeding 300 participants. Revenue is generated through these tailored training programs, which involve a structured pricing plan based on the number of participants and the specific content delivered. Flagship offerings, such as courses in web development and data-driven decision-making, contribute to ongoing client relationships and repeat business. The emphasis on practical training and collaborative methodologies enhances customer retention and satisfaction, further solidifying Egg's position in the educational market.Egg SAS plans to utilize the recent Seed funding of USD 1.00 mn, raised on June 1, 2021, to expand its service offerings and enhance existing training programs. The company aims to launch new educational products focused on emerging technologies by the end of 2022. Additionally, Egg is targeting expansion into new markets in South America, particularly Brazil and Colombia, with plans to establish local partnerships by 2023. These initiatives are intended to further enhance its market presence and address the growing demand for technology skills in the region.

## Funding rounds

- Seed, Jun 1, 2021, $1M — Draper Cygnus
- Seed, Jun 1, 2019, $0.8M — Corfo, Alaya Capital, Embarca Ventures
- Seed, May 3, 2019, $0.6M — Alaya Capital

## Investors

- Alaya Capital (https://capitalatlas.ai/funds/alaya-capital) — Seed
- Corfo — Seed
- Embarca Ventures (https://capitalatlas.ai/funds/embarca-ventures) — Seed
- Draper Cygnus (https://capitalatlas.ai/funds/draper-cygnus) — Seed