Where you are born shouldn’t determine your opportunities in life
EdTech venture Microverse aims to close the gap and connect one million people to remote jobs by 2030. Microverse does this by helping young people from emerging economies to learn software development at no upfront cost, and connects them with international jobs – irrespective of their location, gender, or background.
Talent is everywhere, but opportunity is not. Many talented people in are unable to explore their full potential due to the circumstances in which they are born. Microverse focusses on reaching out to these people and with success: more than 90% of Microverse students come from emerging economies such as Nigeria, Mexico, Colombia, Brazil, Kenya or India.
The Microverse students learn multiple programming languages and computer science fundamentals through a unique peer-to-peer approach, working remote on real projects with other students around the world. Microverse also actively helps their students to find international jobs as remote software engineers, significantly increasing their monthly income and future job opportunities. The results have been great so far: more than 95% of Microverse’s graduates find a job within six months of graduating and on average Microverse students increase their income with 140% compared to their previous salary.
Talent is everywhere, but opportunity is not
Income Share Agreement
The Microsoft program is accessible to all students thanks to the company’s Income Share Agreement: graduates are only required to repay their tuition fee after graduating and finding an international job with a monthly income above an international threshold.
Series A round
We are impressed with the unique approach and impact drive of founder and CEO Ariel Camus and his amazing team. Microverse was selected by Y Combinator in 2019 and has grown steadily since. Rubio has invested in a Series A round together with a.o. Northzone. We believe the company is on track to connect one million people to remote jobs by 2030. If you’d like to find out more about this rapidly growing EdTech venture, check out their website.
Ariel Camus, CEO and founder of Microverse: “This investment comes at a pivotal moment, when demand from potential students to learn to code and from companies looking for global talent has never been higher. With Rubio on board, we welcome a great impact investor to our family
#4 Quality education