The Argentinian edtech Digital House and Brazilian coding platform Rocketseat announced their merger this Wednesday (13). Together, they have already impacted more than 1.2 million students in Latin America. Both companies train professionals on skills demanded by the technology market in Latin America.
With this combination, they plan to accelerate the formation of developers in the region. A study by Microsoft forecasts that, only in Brazil, the demand for devs will create 6.3 million new jobs by 2025. For now, the companies will have their operations independent.
In addition to helping prevent a talent blackout in technology and innovation, the market for edtechs has experienced a notable surge in funding — this kind of company raised $222.5 million during the first quarter of 2021, 770% more than in 2020.
The merger with Rocketseat follows the $50 million investment in Digital House announced in March 2021, led by Kaszek, Riverwood Capital, Mercado Libre, and Globant. Recently, Digital House was listed as one of the 100 more promising edtechs in Latin America and Caribe for the intelligence company HolonIQ.
“It’s an alignment of two companies in the growth phase, to develop an even deeper curriculum for the community of coders in the region”, highlights Digital House’s co-founder and Global CEO, Nelson Duboscq.
With this merger, students from both institutions will have training ranging from the most basic skills to advanced programs, to provide greater access for those looking to kickstart or enhance their areas of expertise. The companies will jointly expand their content, thus supporting students’ professional evolution while simultaneously providing a more robust product portfolio for B2B customers.
Digital House currently operates in Brazil, Argentina, Chile, Colombia, Mexico, Peru and Uruguay, and is planning on expanding to new countries. With the community as its most important pillar, Rocketseat offers an experience of collaborative, practical and personalized learning.
“For us at Rocketseat, the value add we can provide through a combination with Digital House has been very clear since the first conversation. Together, we will stimulate the education of even more people and empower them to access the best opportunities for their careers,” says co-founder and CEO of Rocketseat, Robson Marques.