Mentorama

Mentorama is a Brazilian online school founded by shareholder Anton Vinogradov along with other partners. By October 2021, the service offers 50 courses in design, marketing, programming and game creation. The startup also has a career center that helps students find jobs.

History

2021: Skillbox bought Mentorama

On October 27, 2021, the sale of Mentorama to the Russian online university Skillbox was announced. The companies did not disclose the financial and other terms of the transaction. It is only reported that Skillbox will receive 90% of the Brazilian online school.

Mentorama will be part of the combined Skillbox Holding Llimited, which already includes the Skillbox, GeekBrains and SkillFactory platforms. Skillbox's largest shareholder is VK (formerly Mail.ru Group).

Skillbox acquires Mentorama

Co-founder and former co-owner of Skillbox Andrei Anishchenko, in a conversation with Forbes, suggested that the purchase of 90% of the Brazilian platform could cost $10-20 million.

Thanks to the purchase of Mentorama, the online university Skillbox will enter the Brazilian distance education market, which is expected to exceed $3 billion in 2023.

The Brazilian online education market is two to three times larger than the Russian one, while it is at the stage of development at which we were three to five years ago, the founder believes. " Netology Maxim Spiridonov According to his assumption, Skillbox's entry into the Brazilian market is associated with the desire of the founders to catch up and overtake the project, EBAC Online which in 2020 Brazil was launched by former Skillbox co-owner Andrei Anishchenko. In January, EBAC Online raised $1.5 million from the co-founder. Qiwi Sergey Solonin

The purchase of a local market will accelerate the development of Skillbox abroad and even bring it closer to an IPO, believes Mikhail Myagkov, founder of Maximum Education.^[1]

In July 2022, it became known that the Brazilian educational the Mentorama Internet holding VK spent 711 million rubles on the purchase of the online platform Mentorama. This follows from the holding report. Since Mentorama's 90% stake was acquired for this amount, the value of the entire company was estimated at 790 million rubles.^[2]

Notes