Certification platform Certificate Chirrock Capital led a $ 11 million series, announced this week.
The company was founded by Robin Garcia, Pablo Mayor, and Federico Lopez in 2023. This allows organizations to produce certification examinations to organizations that cost less in traditional ways.
Certification is an old way to gain technical skills as well as specializing on a particular article to promote job prospects.
The company says it operates with several companies from the Linux Foundation to the Non -Popular Linux Foundation to the software company Hashkorp.
The CEO is not new to the Garcia certification industry. Earlier, he laid the foundation (and sold) for modern exams, a testing service company that also provided exam delivery services.
He said, “Certified to be” life -changing events for leaders and professionals, “he said, adding that the company could cost up to 000 150,000 to produce certification programs and exams.
He added, “Our client has made less than $ 10,000 in each test on his platform up to 10,000 a year a year.”
He added that it takes almost a year to make the exam using generally inheritance providers (such as Pierre, View, and Perometric).
Garcia added, “Our business model is associated with the interests of our clients and once their exams are launching and professionals are taking them, we generate a majority of income.”
He used the word “focus” to describe his fundraising efforts. CRET Weis started fundraising in early January, patching about 50 firms in 45 days.
Garcia said, “I have been focused on the results.” Find the right investors quickly, who believe in vision and can help me measure us from here. ”
He met the Cherrock team through one of his current investors. Chingna Ventures, Hyde Park Venture Partners, and Josh Capital Partners also participated in the round. The company told us that the Certificate has collected more than $ 16 million today.
Garcia said the fresh capital will be used to add more automation to the platform, making it easier for anyone to make exams.
“Our aim is to focus on the scale and create a platform to launch a thousand new clients and partners to launch on the serial,” he said.