Business

With BRL 5 million in its pocket, Sirius Education debuts aiming to train talents for Brazilian startups

By 2022, Sirius intends to have in its portfolio up to ten six-month courses, with classes of up to 100 students. And in the next five years, it wants to reach all regions of Brazil

Felipe Matos, CEO and co-founder of the Brazilian edtech Sirius Education and president of Abstartups. Photo: Sirius/Courtesy.
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Six-month ultra-practical courses, given by execs from startups and tech companies, to meet these organizations’ workforce demand. With this purpose, Sirius Education hit the market this week, boosted by a BRL 5 million (nearly $953 million) fundraising given by several investors who believe that is the most viable model to overcome the lack of qualified tech workers in Brazil.

According to McKinsey, there will be 1 million unfilled vacancies in the technology area in Brazil by 2030. At the same time, the country has not trained as much or as well the employees that the market needs.

READ ALSO: Peruvian Crehana raises largest Series B for an edtech in Latin America, launches in Brazil

Felipe Matos, founder of the accelerator Startup Farm and Dynamo, a group focused on the development of innovative public policies in Brazil, as well as former head of development of the geolocation In Loco, among many other recognized roles in the world of Brazilian entrepreneurship, is one of the co-founders and CEO of Sirius Education.

For the new venture, he joined Rafaela Herrera Silva, former head of startup at Cubo Itaú (Latin America’s largest entrepreneurial hub), Fernando Americano, former director of operations at Startup Farm and co-founder of the programming school Le Wagon Latam, and Arnobio Morelix, chief data scientist at Inc. Magazine, among other things.

From left to right: Rafaela Herrera Silva, Arnobio Morelix, Felipe Matos and Fernando Americano, the co-founders of Sirius Education. Photo: Sirius/Courtesy.

They raised the company’s first funding with Garan Ventures fund and several angel investors, including the Brazilian Shark Tank entrepreneur Camila Farani, as well as founding startup entrepreneurs such as Rodrigo Cartacho (Sympla), João Selarin (TotalVoice/Zenvia), and Gustavo do Valle (Decorated). Sirius’ investors’ group comprises executives from Silicon Valley companies, such as Twitter, Zoom, Zendesk, and Intercom.

Matos told LABS that he cannot yet reveal the names of Sirius’ startups and partner companies, but the first course is already open for applications: a six-month fellowship in Data Science that starts at the end of September, in virtual format.

READ ALSO: Brazilian Edtech Curseria, of celebrity teachers, raises a BRL 25 million round from Igah, Ventures

The classes are designed for non-technical professionals who want to become data scientists and cost BRL 17,500 (around $3,300). In line with its purpose, Sirius has committed to offering two scholarships to each paying student.

“Hiring in technology has become increasingly difficult, especially after the pandemic, as foreign companies also started to look for professionals from Brazil to work remotely,” says Matos. “At the same time, we live in a country that is facing an economic crisis and has a huge contingent of unemployed people. With Sirius, we want to bring these two worlds together, filling vacancies through the qualification of these people, which also brings a huge social impact to our classes”, he adds.

Even when the pandemic is under control, Sirius intends to keep courses with 80% remote and 20% face-to-face classes. The first units will be located in the cities of São Paulo, Florianópolis, and Belo Horizonte (where the edtech is headquartered, in partnership with Órbi, the city’s innovation hub).

By 2022, Sirius intends to have up to ten courses in this format in its portfolio, with classes of 50 to 100 students. And over the next five years, it wants to reach all regions of Brazil.

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