beecrowd formalized today the receival of its first external investment: a USD 1 million seed funding. The startup, that is less than 2 years old, is already the largest developers' community in LATAM and ranks among the largest in the world.
beecrowd announced today, October 3rd 2023, the receival of its first external investment: a USD 1 million seed funding. The startup, which is less than 2 years old, is already the largest community of developers in LATAM and ranks among the largest in the world. Headquartered in São Paulo, Brazil, the company was founded by 3 technology executives and 2 academic researchers with the goal of promoting the adoption of alternative forms of training, tech talent recruitment, and corporate work aligned with the principles of the future of work.
beecrowd is a community-driven professional services digital platform. The company empowers tech students and professionals, connecting them with the most innovative corporations worldwide to facilitate talent deployment solutions. With nearly 900,000 users across 100 countries, the largest communities of "beecrowders" are currently located in Brazil, Bangladesh, Egypt, India, Mexico, Indonesia, Argentina, Colombia, the United States, and the Arab world.
Beecrowders, as the tech talent using the platform are known, are top-tier software developers assessed and ranked through rigorous evaluations. The company's state-of-the-art competitive programming platform offers over 2,400 analytical and programming tests in 27 different programming languages. As beecrowders train and compete, they enhance their logical and programming skills, achieve higher rankings, and accelerate their journeys to the top. The highest-ranked beecrowders are professionally disputed by the most innovative global corporations.
The startup is poised for its next growth phase in its journey to become one of the world's largest and most significant platforms for professional and technology services. According to João Lúcio de Azevedo Filho, CEO and co-founder of the company, beecrowd is well-positioned to achieve its goals not only due to its innovative strategy but also because it incorporates a strong ESG component in it: the beecrowd platform is currently used free of charge by over 220,000 students from 660 educational institutions in 47 countries, generating positive impacts on communities and contributing to building a fairer world with more opportunities.
The resources from the investment will primarily be used to strengthen the company's internal team (careers), implement new features on the beecrowd platform, enhance user experience, and introduce the new B2B area of the platform in the coming months.
João Lúcio adds: "On behalf of our founders and collaborators, I thank all the users, companies, professors, educational institutions, foundations, partners, and communities that support us and believe in beecrowd. This significant milestone gives us even more confidence and energy to keep moving forward, integrating the future of work into our clients' experiences and changing the way the world works."
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(beecrowd co-founders) From left to right and from top to bottom: João Lúcio, Celso Barboza, Neilor Tonin, Juliana Müller and Jean Bez
