Certificate Certificate Certificate $ 11M Series A led by Cherryrock

Certification platform certificate This week, the A series of $ 11 million collected Cherryrock Capital.

The company was founded by Robin Garcia, Pablo Mayer, and Federico Lopez in 2023. It allows institutions to develop tests to issue certificates in, its founders say, a much lower cost of traditional methods.

Certificates are an old way to acquire technical skills to enhance job horizons, as well as obtain mastery of a specific topic.

The company says it works with a group of companies, from the non -profit technology of Linux to the Hashicorp software.

CEO Garcia is not new in the certification industry. He previously participated in the establishment of (selling) innovative exams, a test service company that also provides exam delivery services.

He said that he would become an accredited to be “life change events for leaders and professionals”, but he added that the company could cost up to 150,000 dollars to develop certificate and exam programs.

“Our customers have evolved up to 10 in one year on our platform with less than $ 10,000 per exam,” he said.

He added that it usually takes about a year to create a test using old service providers (such as Pearson, Vue and Prometric).

“Our business model is in line with the interests of our customers as we generate most revenues by simply launching their exams and the professionals take,” Garcia continued.

Use the word “concentrated” to describe donation collection efforts. CERTIVERSE started collecting donations in early January, reaching about 50 companies over 45 days.

Garcia said, “I kept focused on the result,” Garcia said. “Look for the right investors, quickly, who believe in vision and can help us expand from here.”

Cherryrock met with one of his current investors. Chatona Ventures, Hyde Park Venture Partners and Zeal Capital Partners also participated in the tour. The company told us that CERTIVERSE raised a little more than $ 16 million so far.

Garcia said that the new capital will be used to add more automation to the statute, making it easier for anyone to create exams.

“Our goal is to focus on size and build the platform to launch 1,000 new customers on a certificate,” he said.