The Certification Certification Platform set up a series of 11m dollars led by the Cheerrock Capital, announced this week.
The company was founded by Ruben Garcia, Pablo Meyer and Federico Lopez in 2023. This allows organizations to take certification exams in, say its founders, much less cost than traditional methods.
Certificates are an elderly method to acquire technical skills to increase work prospects as well as to acquire mastery on a particular topic.
The company says it works with a range of companies, from non -profit technology Linux to Hashicorp Software Company.
CEO Garcia is not new to the certification industry. He previously co-founded (and sold) Innovative exams, a test service company that also provided exam service services.
Doing certified may be “events that change life for executives and professionals,” he said, but added that it can cost a company up to $ 150,000 to develop certification programs and exams.
“Our clients have developed up to 10 in a year on our platform for less than $ 10,000 for the exam,” he continued.
He added that it usually takes about a year to create an exam using inheritance providers (such as Pearson, Vue and Prometric).
“Our business model is in line with the interests of our clients and we generate most of the income after they start their exams and the professionals are taking them,” Garcia continued.
He used the word “concentrated” to describe his efforts to raise funds. Certiversity began collecting funds in early January, throwing about 50 firms over 45 days.
“I stayed focused on the result,” Garcia said. “Find the right investors, quickly, who believe in vision and can help us escalate from here.”
He met with the Cherryrock team through one of his existing investors. Chingona Ventures, Hyde Park Venture Partners and Zeal Capital Partners also participated in round. Certiversity has raised just over $ 16 million in total so far, the company told us.
Garcia said fresh capital will be used to add more automation to the platform, making it easier for anyone to create exams.
“Our goal is to focus on the ladder and build the platform to launch 1,000 new clients and partners in Certiversity,” he said.
