Brazilian edtech Apprenty secured a $1.6M round led by Canary, with participation from Positive Ventures, Potencia Ventures, and Latitude Ventures.
The company will use the funds to improve its educational platform and develop AI-powered tools for monitoring students’ progress.
Apprenty provides training and skill development programs for young people. It also connects them with companies in search of talent, streamlining recruitment and selection processes while saving time and money for businesses.
The platform utilizes a learning model that simulates real-life work environments, helping students to develop skills that align with companies’ needs.
The startup plans to train and position over 1,000 individuals into the job market by the end of 2024.
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