DEVF Labs, S.A.P.I. de C.V.

DEVF Labs is a technology training company that enhances corporate teams' skills through tailored bootcamps in coding, data science, AI, and UX/UI design, addressing workforce skill gaps. Founded in 2014 in Mexico City, Mexico, DEVF Labs specializes in developing advanced training programs for corporate clients. The company was co-founded by Elias Shuchleib and Enrique Diaz, with Elias Shuchleib currently serving as the CEO. In March 2020, DEVF Labs secured MXN 27.

6 million in pre-Series A funding, led by Capital Invent, marking a significant investment target for the company. With only one recorded deal to date, DEVF Labs continues to focus on its core mission of technological skill enhancement. DEVF specializes in providing advanced training programs designed to enhance the technological skills of corporate teams. Their core offerings include bootcamps in coding, data science, artificial intelligence (AI), and user experience/user interface (UX/UI) design.

DEVF’s programs are crafted to bridge the skills gap hindering innovation and project execution. They employ customized curricula that align with specific business goals, helping clients develop internal talent proficient in technologies such as Python, Java, and cloud computing. DEVF primarily serves corporate clients across various sectors, with a geographical reach that includes North America and Latin America, facilitating digital transformation on a broad scale. Revenue generation at DEVF is primarily structured through B2B transactions, where clients engage in tailored training programs for their workforce.

Clients typically enter into agreements for custom-designed bootcamp courses, available in online, in-person, or hybrid formats. The pricing structure reflects the training scope and targeted skills. DEVF's training and certification programs culminate in participants earning a DEVF certificate that signifies proficiency in industry-relevant technologies, enhancing employee skills and offering value to companies looking to improve operational efficiency and innovation capacity. DEVF Labs plans to utilize its recent funding of MXN 27.

6 million raised in March 2020 to further develop its training programs and expand its market presence. The company aims to introduce new products focused on emerging technologies, with specifics on launch dates to be announced. Additionally, DEVF is targeting expansion into new markets in Central America and the Caribbean by late 2023, aiming to broaden its impact on technological training within these regions.