Ubits
Ubits is an online corporate learning platform for basic training, upskilling, and reskilling of employees, through short courses. They also offer their platform as an LMS for clients to upload their own training courses, managing all their training in one place. Current portfolio consists of 350+ courses in various areas, including soft skills, creativity & innovation, sales & marketing, management skills, etc., as well as some industry-specific and partner content.
Investment Thesis
According to the World Economic Forum, LatAm ranks as the region with the widest skills gap in the world. Ubits’ offering targets employees at the base of the corporate pyramid, helping to improve satisfaction, organizational culture, and employee retention, while setting up workers for success in their careers. The company's focused user segment drives content strategy, UX, education model and pricing with outstanding results: the course completion rate and NPS are well above industry benchmarks.
