Introduction:
Education is a fundamental right for every individual, but unfortunately, not everyone has access to quality education. In Brazil, a significant percentage of the population lacks access to quality education, especially in remote areas. However, with the advent of technology, this situation is gradually changing, thanks to companies like Descomplica. Descomplica is a Brazil-based edtech company that has been providing high-quality educational resources to students across the country since 2011. In 2021, the company received an $83M investment from SoftBank, a Japanese multinational conglomerate, to further expand its services and reach more students.
Background:
Descomplica was founded in 2011 by Marco Fisbhen, a physics teacher, who saw the need to provide high-quality and affordable education to students in Brazil. The company started as a YouTube channel, where Fisbhen posted physics classes for his students. However, the channel quickly gained popularity, and the demand for other subjects grew. Today, Descomplica offers a wide range of courses, including mathematics, chemistry, biology, literature, and foreign languages. The company also provides preparation classes for college entrance exams, such as ENEM, the Brazilian National High School Exam.
Descomplica’s Unique Business Model:
Descomplica’s business model is unique in several ways. Firstly, the company offers all its courses online, making it accessible to students across the country. Secondly, the courses are delivered in an interactive and engaging way, using a mix of live and recorded classes, quizzes, and exercises. Thirdly, Descomplica’s courses are affordable, making them accessible to students from low-income families. The company charges a monthly subscription fee that ranges from $15 to $40, depending on the course. Lastly, Descomplica’s courses are designed to be flexible, allowing students to study at their own pace and convenience.
SoftBank’s Investment in Descomplica:
In July 2021, SoftBank announced an $83M investment in Descomplica, making it one of the largest edtech investments in Brazil. The investment is part of SoftBank’s Latin America Fund II, which aims to support companies that are using technology to solve social and economic problems in the region. The fund has a total value of $3B and has already invested in several other Latin American startups, including Rappi, Loggi, and Creditas.
The Impact of SoftBank’s Investment:
SoftBank’s investment in Descomplica has several implications for the edtech industry in Brazil. Firstly, it provides Descomplica with the resources it needs to expand its services and reach more students across the country. With the investment, Descomplica plans to hire more teachers and develop new courses to meet the growing demand for online education. Secondly, SoftBank’s investment in Descomplica is expected to attract more investment in the edtech sector in Brazil. The investment is a clear indication of the potential of the sector, and it is expected to attract more investors in the future. Lastly, SoftBank’s investment in Descomplica is a testament to the importance of education in the development of any society. The investment shows that education is a priority for investors and that technology can be used to democratize access to education.
potential of technology in education. Descomplica’s unique business model, which offers affordable and flexible online courses, has already proven successful, and the investment from SoftBank will help the company further develop its offerings.
However, while Descomplica and other edtech companies are making strides in providing access to education, there are still challenges to be addressed. One of the biggest challenges is the digital divide, where students in remote or low-income areas may not have access to the technology needed to access online education. This is an issue that both Descomplica and the Brazilian government are working to address, with initiatives to increase access to technology and internet connectivity in these areas.
Despite these challenges, the future of edtech in Brazil looks promising, with Descomplica and other companies leading the way in providing accessible and affordable education. The investment from SoftBank is a strong indication of the potential of the sector, and it will be exciting to see how Descomplica and other edtech companies continue to innovate and expand their offerings in the coming years.
In conclusion, Descomplica is a game-changer in the Brazilian education system, providing quality education to students across the country. The company’s unique business model, coupled with SoftBank’s investment, is set to further revolutionize the edtech industry in Brazil. As the company continues to grow and innovate, it is hoped that more students will have access to quality education, helping to close the gap and bridge the digital divide in Brazil.
Conclusion:
Descomplica is revolutionizing the education sector in Brazil by providing high-quality and affordable education to students across the country. With SoftBank’s $83M investment, the company is set to expand its services and reach more students in Brazil. SoftBank’s investment in Descomplica is also expected to have a positive impact on the edtech industry in Brazil by attracting more investment and highlighting the
