UBITS is a B2B online learning platform offering an extensive Spanish-language catalog of corporate training and live sessions for employee upskilling. The company sells annual per-user subscriptions that give employees unlimited access to a virtual content library and live classes, and provides a dashboard for learning analytics, completion rates and other KPIs. UBITS hosts over 750 courses, partners with top local experts and Coursera for B2C access, and uses AI algorithms to personalize training paths. It works with hundreds of enterprises including Mercado Libre, Siemens and Kimberly Clark; students have completed over 600,000 courses and nearly 100,000 students had used the platform by the end of 2021. Over the past two years the startup grew revenue by more than 8x, and in 2021 revenue grew 2.5x while customers expanded from 110 to nearly 350. The company plans to enhance proprietary content, add more than 2,000 new courses, continue building AI-based functionalities, launch in new Spanish-speaking markets and double its 280-person team.

Total raised

$25M

Funding rounds

1

Latest round

Equity

Latest activity

Jan 2022