Company Overview

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Founded:
September, 2011
Headquarters:
São Paulo
Funding:
$1.3M
Categories:
Colleges, Universities, Education
Description:
Veduca, a Brazilian online video platform, aims to democratize access to quality education via video lectures from universities worldwide.

Detailed Description

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Veduca is a Brazilian online video platform that has the purpose of democratize access to top-quality education via video lectures from world-class universities.

The company was founded in September 2011 by Carlos Souza, in partnership with Andre Tachian, Eduardo Zancul and Marcelo Mejlachowicz. Veduca's web portal was launched in March 2012.

The service has already +5,700 video classes from 17 universities, 11 from the US, 1 from Australia, 1 from the UK, and 4 from Brazil (USP, Unesp, Unicamp, and UnB).

In less than 2 years from launching the portal was able to attract more than 3 million visits with zero investment in advertising.

Veduca has been profiled by many of the main media vehicles in Brazil, such as TV Globo, SBT, TV Band, Veja, Valor Econômico, Brasil Econômico, O Estado de S. Paulo, Folha de S. Paulo, Galileu, among others, and thousands of websites. Abroad, Veduca has also been highlighted as one of the key players in ed-tech in the world, namely the Financial Times, Thomson Reuters, Yahoo Finance, The Chronicle of Higher Education, El Universal (Mexico), and others.

The company started with capital from 4 founders, and after 7 months, received investment from 2 seed and early-stage funds: Bolt Ventures (former Mountain do Brasil), and 500 Startups, an arm of an international publishing group (Macmillan Digital Education) and an angel investor (Nicolas Gautier).

The same investors made a follow-on investment one year after the first capital injection in the firm, as a sign of confidence and trust in the potential of the Brazilian ed-tech startup.

Veduca started helping to popularize the OpenCourseWare movement in Brazil, by putting Portuguese subtitles in video lectures from foreign top universities and by bringing together open courses from the best local universities in the same platform. Then, in June 2013, the company launched the first massive open oline courses (MOOCs) in Latin America, in partnership with professors from USP and from UnB. Later in 2013 Veduca launched the first open online MBA in the world, the MBA in Engineering and Innovation. MOOC based, the course offers content for free to anyone with an internet connection and interest in the subject, and also provides a paid program for candidates for a certification, valid and recognized by the Brazilian Ministry of Education.

The launch of the MBA in Engineering and Innovation marks Veduca's first unprecedented initiative on a global scale.

Current Team (6)

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Investors (6)

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Offices/Locations (1)

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  • Headquarters

    Rua Sampaio Vidal 1140

    São Paulo, 01443-001

    BRA

Images (4)

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