# Vincoed, S.A.P.I. de C.V.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vincoed-s-a-p-i-de-c-v

- Industry: Software
- Headquarters: San Pedro Garza Garcia, Mexico
- Website: www.vincoed.com
- Total disclosed funding: $2.4M
- Latest round: Seed (Oct 27, 2021)
- Investors on record: 5

## About

Vincoed, S.A.P.I. de C.V. is a Mexican company specializing in educational training platforms aimed at improving employee retention through tailored, accredited training programs for businesses.Founded in 2021 and headquartered in San Pedro Garza Garcia, Mexico, Vinco focuses on providing training solutions that enhance workforce skills. The company has undergone no significant pivots in business strategy since its inception. The founders, Lissy Colyer, Miriam Fernandez, and Sofía Sada, aimed to address the growing need for employee development in the corporate sector. In October 2021, Vinco raised USD 2.4 mn in Seed funding from investors including Alter Global, Angel Ventures, Learn Capital, Reach Capital, and Y Combinator, marking its first significant funding round. The total amount raised to date stands at USD 2.4 mn.Vinco specializes in providing educational training platforms and benefits focused on enhancing employee retention within organizations. Their core offerings include high-quality training programs designed for both individual employees and companies, catering to the needs of working adults through flexible formats and modalities. The educational programs available are officially accredited and include formal education as well as ongoing professional development, primarily targeted at businesses in the corporate sector within Mexico.Vinco generates revenue through a structured transaction model that involves partnerships with businesses seeking training solutions for their employees. The company employs a pricing strategy that includes accessible programs with co-payment arrangements between the employer and the employee, promoting a shared investment in professional development. Transactions occur on a subscription basis or through specific training program purchase agreements, with a focus on providing value through preferred pricing for companies, tailored to meet the financial needs of both small and large enterprises.In October 2021, Vincoed, S.A.P.I. de C.V. raised USD 2.4 mn in Seed funding to solidify its presence in Mexico and expand into other Latin American markets. The company plans to design and launch new training products tailored for diverse industries, with an emphasis on incorporating advanced educational technologies. The recent funding will support these initiatives and enhance its outreach across targeted regions in Latin America, aiming to tap into the growing demand for employee training and development solutions.

## Funding rounds

- Seed, Oct 27, 2021, $2.4M — Y Combinator, Learn Capital, Angel Ventures, Reach Capital, Alter Global

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Learn Capital (https://capitalatlas.ai/funds/learn-capital) — Seed
- Angel Ventures (https://capitalatlas.ai/funds/angel-ventures) — Seed
- Reach Capital — Seed
- Alter Global (https://capitalatlas.ai/funds/alter-global) — Seed