PRESS RELEASE
20 December 2024

Lowenstein Represents Reach Capital As Investor In Two LATAM Edtech Platforms

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Lowenstein Sandler

Contributor

Lowenstein Sandler is a national law firm with over 350 lawyers working from five offices in New York, Palo Alto, New Jersey, Utah, and Washington, D.C. We represent clients in virtually every sector of the global economy, with particular strength in the areas of technology, life sciences, and investment funds.
Lowenstein Sandler represented venture capital firm Reach Capital in recent investments in two different LATAM technology platforms aimed at the education sector...
United States

Lowenstein Sandler represented venture capital firm Reach Capital in recent investments in two different LATAM technology platforms aimed at the education sector:

  • Lowenstein represented Reach Capital as the lead investor in a $12 million Series A round in Cometa, a Mexican fintech platform helping private schools in Latin America optimize financial operations. Acrew Capital, Kaszek Ventures, Homebrew, and Latitud Ventures also participated in the round.

Cometa automates payments, admissions, and financial reporting, enabling schools to operate more efficiently.

With the funding, Cometa plans to continue investing in its product development, strengthen its administrative operations, and reach more schools across the country.

  • Lowenstein also represented Reach Capital as a co-lead investor in the $7 million Series A round in Teachy, a Brazilian AI-powered workspace transforming how teachers find and create content, helping them save up to 80% of time on tasks like lesson planning and grading with curriculum-aligned, AI-customizable materials. The round was co-led by Goodwater Capital.

The funding will enhance the product, drive growth, and support regional expansion by hiring engineers and designers to scale Teachy's world-class platform.

Reach Capital is a venture capital firm that invests in founders who elevate human potential and ignite purpose across learning, health, and work.

The Lowenstein deal team for both transactions included Anthony W. Raymundo and Juan B. Soto.

Lowenstein previously represented Reach Capital in the following transactions:

Contributor

Lowenstein Sandler is a national law firm with over 350 lawyers working from five offices in New York, Palo Alto, New Jersey, Utah, and Washington, D.C. We represent clients in virtually every sector of the global economy, with particular strength in the areas of technology, life sciences, and investment funds.

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