Encantos, a Culver City-CA-based entertainment education company, raised $2M in seed funding.
The round was led by Kapor Capital with participation from Boston Meridian Partners, Chingona Ventures, the Goldhirsh Foundation, Human Ventures, and MathCapital. Several existing and new angel investors, including Tom Chavez (CEO of super{set} Startup Studio), Rich Greenfield (Partner at LightShed Partners), Lydia Jett (Partner at Softbank), Michael Kassan (CEO of Medialink), and Antonio Lucio (CMO of Facebook), also participated in the round.
The company intends to use the funds to advance its subscription services.
Founded in 2015 and led by Co-Founders Steven Wolfe Pereira (Chief Executive Officer) and Susie Jaramillo (President and Chief Creative Officer), Encantos is a B-Corp creating direct-to-consumer subscription services that deliver educational digital experiences and physical hands-on craft activities for pre-school and primary school age children. Its offerings are designed for parents who are focused on teaching their kids 21st century learning, literacy and life skills but don’t have the time or resources to curate the lessons, develop the experiences and provide the necessary materials. 21st century skills include learning skills (i.e., creativity, communication, collaboration, culture, and critical thinking), literacy skills (i.e., civics, environmental, financial, health and wellness, and STEAM) and life skills (i.e., adaptability, entrepreneurship, leadership, responsibility, and social-emotional).
The company is known for the bilingual preschool brand Canticos and, in October 2019, introduced its newest brand Tiny Travelers (tinytravelers.com), which focuses on geography, language, and culture.
FinSMEs
27/01/2020
/