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Buenos Aires, San Francisco, and Fort Worth – December 13, 2017 – Argentina’s Digital House, co-founded by Sebastian MacKinlay and Endeavor Entrepreneurs Eduardo Bruchou and Nelson Duboscq, raised a total of US$20 million from TPG Rise, with participation from Endeavor Catalyst and Omidyar Network. This marks Endeavor Catalyst’s first investment alongside The Rise Fund, TPG’s global investment fund committed to achieving measurable social and environmental outcomes alongside competitive financial returns.
“The Endeavor Catalyst team is thrilled to be partnering with The Rise Fund and TPG, whose guiding belief in driving impact globally through entrepreneurship resonates deeply with Endeavor’s vision for change,” said Endeavor Co-founder and CEO Linda Rottenberg. “We look forward to continuing to work together to support high-impact Endeavor Entrepreneurs like Eduardo and Nelson, and promising companies like Digital House as they grow.”
Eduardo Bruchou and Nelson Duboscq previously founded HSM (now WOBI), which was sold to Laureate in 2012. Eduardo and Nelson were two of the very first Endeavor Entrepreneurs ever chosen, selected at ISP 4 in Buenos Aires, Argentina in October 1999 (the same ISP that selected MercadoLibre.com).
Digital House offers comprehensive education programs that teach the skills necessary to participate and succeed in today’s economy. Based in Argentina, Digital House offers technical coding and a variety of other courses to equip students at all levels to build careers in software development, data science, artificial intelligence and analytics, and digital marketing. Graduates of the program have gone on to work at notable technology companies. Digital House also offers companies customized training programs for their employees.
“We founded Digital House to educate the next generation of professionals to innovate and transform companies to stay competitive in a global economy,” said Nelson Duboscq, Co-Founder and CEO of Digital House. “That dream cannot become a reality without the right partners. We chose The Rise Fund because of their commitment to education and their business building capabilities, which can help us scale internationally. In addition to growing our campuses in Argentina, we look forward to launching in Brazil and Mexico in the next year.”
Other investors in Digital House include many prominent names in Endeavor’s network: Kaszek Ventures, Marcos Galperin, Founder and CEO of MercadoLibre, and Martin Migoya, Co-Founder and CEO of Globant.
Digital House is an education company born under the premise of creating a next generation of talent and professionals for the tech world to dream, innovate, and create a digital future that can transform industries.
Digital House offers intensive courses and executive programs in Full Stack Web Development, Mobile Development, Artificial Intelligence, UX Design, Data Science, Data Analytics, Digital Product Management and Digital Marketing, taught by recognized experts who share their knowledge and experiences in every class.
Endeavor Catalyst is the innovative co-investment fund of Endeavor, set up to invest exclusively in Endeavor Entrepreneur-led companies and to sustain Endeavor’s long-term operations in a mission-aligned way. Since launching in January 2012, Endeavor Catalyst has raised over $100M in philanthropically donated and invested capital, and invested into 64 Endeavor companies in 19 countries. To date, Endeavor Catalyst has co-invested alongside a number of leading venture capital and growth equity funds, including Accel Partners, General Atlantic, NEA, Sequoia Capital and Tiger Global. Investments include Globant (NYSE: GLOB) in Argentina and Yemeksepeti.com (acquired by Delivery Hero) in Turkey.
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