# Wited

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

- Industry: Education/Training
- Headquarters: Santiago, Chile
- Website: www.wited.com
- Total disclosed funding: $1M
- Latest round: Seed (Sep 26, 2022)
- Investors on record: 3

## About

Based in Santiago, Chile, and founded in 2019, Wited, formerly known as Portal Educativo, operates as an educational technology company that helps students learn and improve their academic performance. The company was founded by its CEO, Gabriel Vera, and Paz González. In September 2022, Wited raised USD 1 million in seed funding led by WeBoost, ARK Angels Fund, and 500 Global.

Wited offers a wide variety of e-learning courses and educational programs, including academic reinforcement courses for college or school students who require assistance understanding the material they are learning in their classes; online school support programs for homeschoolers; one-on-one private lessons; homeschool education programs with live classes; thorough preparation for free exams; online teacher support for resolving doubts; psycho-pedagogical support; and many more.

The company generates revenue by offering its services on a subscription-based pricing plan. The plans include a monthly (USD 16/month), an annual (USD 154/year) for online group classes, a regular (USD 60/month), a premium (USD 110/month), an ultimate (USD 160/month) for private classes, and a homeschool plan ranging from USD 360 to USD 970.

The company plans to use the funds raised in September 2022 to expand into Mexico.

## Funding rounds

- Seed, Sep 26, 2022, $1M — 500 Global, ARK Angels Fund, WeBoost

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- ARK Angels Fund (https://capitalatlas.ai/funds/ark-angels-fund) — Seed
- WeBoost (https://capitalatlas.ai/funds/weboost) — Seed