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Databits Raises $600K Pre-Seed Round for Data & AI Training Platform

Ecuador-based online education platform Databits, specializing in data science and AI, secures $600k in pre-seed funding.

Databits, is an Ecuador-based online education platform specializing in data science and AI. The startup offers individual courses and full-time programs focused on solving technical and business challenges in industries like banking and retail.

Databits has shown a monthly growth rate of 35% and a customer recurrence rate of 88%. The company aims to add 5,000 new users over the next year and solidify its presence in more Latin American markets.

Founded in 2019 by Fernanda Aldrette and Fernanda Huilca, Databits recently raised USD $600k in a pre-seed round from investors including 500 LatAmBuentrip HubStonks FundBVCTelefunken CapitalCREAS Ecuador, and Winnipeg Capital.

Databits had the honor of being selected among the ten startups founded by women in Latin America to participate in the WeXchange 2022 program, of the IDB and Google Accelerator in Miami.