# Trybe Software Development Ltda

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/trybe-software-development-ltda

- Industry: Education/Training
- Headquarters: Belo Horizonte, Brazil
- Website: www.betrybe.com
- Total disclosed funding: $36M
- Latest round: Series B (Oct 6, 2021)
- Investors on record: 12

## About

Based in Brazil, Trybe Software Development Ltda specializes in delivering online technology education, focusing on equipping learners with essential skills for the digital job market through interactive courses and hands-on projects.Founded in 2019, Trybe Software Development Ltda is dedicated to providing online technology courses that empower individuals in various sectors. The company is headquartered in Belo Horizonte, Brazil. In October 2021, Trybe raised BRL 145 million in Series B funding, with significant investment from Base Partners and other notable investors, solidifying its growth trajectory. The founder's background is not detailed, and the company does not have known subsidiaries or parent companies.Trybe offers a comprehensive range of online technology courses aimed at equipping individuals with practical skills for the job market. Its core product offerings include courses in programming, product management, and artificial intelligence, designed to cater to various experience levels. The programs prioritize hands-on learning through real-world projects, ensuring that students can apply their knowledge effectively. Trybe's client base primarily consists of individuals seeking to enter or advance in the technology sector, including professionals from diverse fields such as law, marketing, and finance. Geographically, Trybe serves a broad audience, with a focus on the Brazilian market while also making its courses accessible to international learners through an online platform.Trybe generates revenue through a subscription-based model for its online courses, which provides learners with comprehensive access to educational content and community support. Clients typically engage in transactions by enrolling in specific courses, which may vary in duration and complexity. The structure of these transactions allows for direct-to-consumer engagement, facilitating a streamlined purchasing process for individuals looking to enhance their skills. Flagship offerings include specialized programs such as "Tech Product Manager" and "AI in Practice," which can lead to significant career advancements for participants. Pricing details for these courses are established based on the depth and breadth of the content provided, ensuring a competitive offering in the online learning landscape.In October 2021, Trybe Software Development Ltda raised BRL 145 million in Series B funding to enhance its growth initiatives. The company plans to develop and launch new products focused on advanced technology skills, although specific release dates are not available. Additionally, Trybe is targeting expansion into international markets, aiming to increase its global reach by 2023. The recent funding will be utilized to support these developments and facilitate entry into new geographical regions.

## Funding rounds

- Series B, Oct 6, 2021, $26M — Verde Asset Management, Luxor Capital Group, XP Inc., Global Founders Capital, Base Partners, Untitled Investments, Scale-Up Ventures
- Series A, Feb 27, 2020, $9.4M — Igah Ventures, Global Founders Capital, Maya Capital, Canary, Norte Ventures, Atlantico
- Seed, Aug 14, 2019 — Igah Ventures, Maya Capital, Canary

## Investors

- Igah Ventures (https://capitalatlas.ai/funds/igah-ventures) — Seed, Series A
- Maya Capital — Seed, Series A
- Canary (https://capitalatlas.ai/funds/canary) — Seed, Series A
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Series A, Series B
- Norte Ventures (https://capitalatlas.ai/funds/norte-ventures) — Series A
- Atlantico (https://capitalatlas.ai/funds/atlantico) — Series A
- Verde Asset Management — Series B
- Luxor Capital Group (https://capitalatlas.ai/funds/luxor-capital-group) — Series B
- XP Inc. — Series B
- Base Partners (https://capitalatlas.ai/funds/base-partners) — Series B
- Untitled Investments — Series B
- Scale-Up Ventures (https://capitalatlas.ai/funds/scale-up-ventures-2) — Series B