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General Atlantic led a $70m Series B funding round in Crehana.

Synopsis

General Atlantic, a growth equity firm, led a $70m Series B funding round in Crehana, a education technology company, with participation from Mountain Nazca, Salesforce Ventures, Rethink Education, ALIVE Ventures, IFC and Dila Capital. “Crehana fits well in our investment theme of disruption of the traditional educational industry. We’re seeing more individuals trading traditional education for job market-oriented, shorter-duration degrees, and simultaneously, corporations more urgently seeking to upskill and reskill their work forces. We believe digital education will increase access to life-changing opportunities for lower income populations across Latin America, and are proud to partner with Crehana to expand access to its innovative platform,” Luis Cervantes, General Atlantic Managing Director and Head of the Mexico City.

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