# Encantos, PBC.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/encantos-pbc

- Industry: Education/Training
- Headquarters: Culver City, US
- Website: www.encantosbrands.com
- Total disclosed funding: $5.2M
- Latest round: Seed (Nov 19, 2020)
- Investors on record: 14

## About

Encantos, PBC is a company dedicated to creating culturally rich educational content for children, enhancing learning through storytelling and innovative digital platforms.Founded in 2016 in Culver City, US, Encantos specializes in educational content for children. The company's founders include Carlos Hoyos, Nuria Wolfe, Steven Pereira, and Susie Jaramillo, with Steven Pereira currently serving as CEO. Encantos has successfully completed a total of 7 deals, with its latest funding round being a VENTURE DEBT round on December 9, 2020, raising USD 2.50 mn, bringing the total amount raised to USD 3.20 mn.Encantos specializes in creating culturally rich educational content aimed at children, leveraging storytelling to foster learning through play. The company’s core offerings include a range of original intellectual properties, including books, animations, and an interactive app designed to facilitate learning. Their flagship properties are accessible across various platforms, including bookshelves, streaming services, and mobile applications, targeting markets such as North America, Latin America, and Europe. By integrating curriculum-based learning with enchanting stories from global storytellers, Encantos aims to meet the educational needs of children while celebrating diversity and authenticity.Encantos generates revenue primarily through subscriptions for its mobile application, which provides interactive learning experiences and a library of educational content. The app offers various features, including games and videos designed to make learning enjoyable and culturally enriching for children. Transactions occur directly with consumers, allowing parents to subscribe for access to the app or purchase individual products like books and animations. The company focuses on building partnerships with retailers and educational institutions to expand their reach, ensuring their products are accessible to a broader audience. Encantos emphasizes the value of its offerings by providing content that resonates with both children and parents, thereby enhancing the customer experience and encouraging sustained engagement.Encantos plans to leverage its recent funding raised in December 2020 to enhance its product offerings and expand into new markets. The company is in the process of designing additional educational products targeted for release in the coming year, while also exploring growth opportunities in Europe and Latin America by 2023. The funding will support the development of new interactive content and marketing strategies to reach a wider audience.

## Funding rounds

- Seed, Nov 19, 2020, $3.2M — Revolution Ventures, Kapor Capital, Human Ventures, Precursor Ventures, Portfolia, Aperiam Ventures, Metrodora Ventures, Next Play Ventures, Westbound, Angeles Investors
- Seed, Aug 6, 2020 — Portfolia
- Seed, Jan 27, 2020, $2M — Kapor Capital, Human Ventures, Boston Meridian Partners, Aperiam Ventures, Chingona Ventures, Goldhirsh Foundation
- Seed, Dec 6, 2018 — Cross Culture Ventures

## Investors

- Cross Culture Ventures (https://capitalatlas.ai/funds/cross-culture-ventures) — Seed
- Kapor Capital (https://capitalatlas.ai/funds/kapor-capital) — Seed
- Human Ventures — Seed
- Boston Meridian Partners — Seed
- Aperiam Ventures (https://capitalatlas.ai/funds/aperiam-ventures) — Seed
- Chingona Ventures (https://capitalatlas.ai/funds/chingona-ventures) — Seed
- Goldhirsh Foundation — Seed
- Portfolia (https://capitalatlas.ai/funds/portfolia) — Seed
- Revolution Ventures (https://capitalatlas.ai/funds/revolution-ventures) — Seed
- Precursor Ventures (https://capitalatlas.ai/funds/precursor-ventures) — Seed
- Metrodora Ventures (https://capitalatlas.ai/funds/metrodora-ventures) — Seed
- Next Play Ventures (https://capitalatlas.ai/funds/next-play-ventures) — Seed
- Westbound (https://capitalatlas.ai/funds/westbound) — Seed
- Angeles Investors (https://capitalatlas.ai/funds/angeles-investors) — Seed