Loading organizations...
Academlo is a Queretaro, Mexico-based educational technology company that provides online coding bootcamps and full-stack web development courses to students across Latin America. The platform operates on an income share agreement model, allowing students to complete intensive ten-month training programs with no upfront tuition costs. Instead, graduates defer their educational payments until they successfully secure tech sector employment earning a minimum yearly salary of approximately $9,600. The organization has trained thousands of aspiring software developers and data scientists, with approximately seventy percent of its user base located in its primary markets of Mexico and Colombia. Academlo participated in the Y Combinator Winter 2020 accelerator batch and subsequently raised a $1.5 million seed funding round backed by institutional investors including Magma Partners, Hustle Fund, and Antler. The company was founded in 2019 by Erik Ochoa and Georgi Mikaberidze.
Academlo has raised $790K across 1 funding round.
Academlo has raised $790K in total across 1 funding round.
Academlo is an edtech company offering online full-stack web development courses targeted at aspiring programmers in Latin America, particularly Mexico and Colombia. It serves students seeking tech careers by providing live classes, practical projects, daily exercises, and a collaborative environment led by experienced instructors, solving the problem of accessible, job-oriented coding education without upfront costs through an income share agreement (ISA)—students pay 15% of their salary for 24 months only after securing employment.[1][2] The model prepares graduates for roles in startups and top companies across the region and beyond, with early traction including 50 students across two generations shortly after launch and ambitions to graduate 250 alumni within 18 months.[1] As of recent data, it's in Seed VC - II stage, based in Querétaro, Mexico, with under 25 to 89 employees and revenue below $5 million.[1][2][6]
Academlo was founded in 2019 in Querétaro, Mexico, by Berger and Erik Pérez Álvarez as an online programming school launched in July of that year.[1] The idea emerged to address the demand for skilled software engineers in Spanish-speaking markets like Mexico and Colombia, where large populations and tech-hungry companies create opportunities, drawing interest from investors like Hustle Fund.[1] Early traction was swift, with 50 registered students split across two generations, and the founders prioritized full-stack web development while eyeing expansions into mobile apps, UX, content, or even online MBAs—but focused initially on core strengths.[1] This bootstrapped yet ambitious start positioned it to bridge Latin American talent with Silicon Valley-adjacent opportunities.[1]
Academlo stands out in the crowded edtech space through these key features:
Academlo rides the edtech boom in Latin America, where digital skills gaps hinder tech growth amid rising remote work and nearshoring trends post-2019.[1][3] Timing aligns with surging demand for software developers in the region—fueled by population size, startup proliferation, and U.S. companies outsourcing—making Mexico and Colombia prime markets.[1] Market forces like affordable online delivery and ISAs democratize access, countering traditional education's limitations, while Academlo influences the ecosystem by producing talent that bolsters local startups and attracts global investment, potentially accelerating LatAm's "Silicon Valley proximity."[1]
Academlo's ISA-driven model positions it for scaled growth in LatAm edtech, with potential to expand into adjacent fields like mobile development or UX as core web programs mature.[1] Rising AI tools and remote hiring trends will amplify demand for its affordable, outcome-based training, though competition from global platforms could pressure differentiation. Its influence may evolve by fueling a self-sustaining talent pipeline for regional innovation, turning early seed momentum into a cornerstone of LatAm tech workforce development—echoing its origins as a bridge for ambitious coders.
Academlo has raised $790K in total across 1 funding round.
Academlo's investors include Latitud, Prelude Growth Partners, Ryan Tedder.
Academlo has raised $790K across 1 funding round. Most recently, it raised $790K Seed in November 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2021 | $790K Seed | — | Latitud, Prelude Growth Partners, Ryan Tedder | Announced |