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:
- Series Seed Funding Round in EdTech Startup LabLabee
- Lead investor in Clayful, On-Demand Mental Health Support for Students
- Co-Lead Investor in Series C Investment in Online Education Marketplace Swing Education
- Lead Investor in Series A Financing in EdTech Company TeachFX
About Lowenstein Sandler LLP
Lowenstein Sandler is a national law firm with over 350 lawyers based in New York, Palo Alto, New Jersey, Utah, and Washington, D.C. The firm represents leaders in virtually every sector of the global economy, with particular emphasis on investment funds, life sciences, and technology. Recognized for its entrepreneurial spirit and high standard of client service, the firm is committed to the interests of its clients, colleagues, and communities.
