Wise Up
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Wise Up - overview
Location
Curitiba, PR, Brazil
Primary Industry
Education/Training
About
Wise Up is a language education company that specializes in providing English courses tailored for adults, focusing on practical applications relevant to real-life situations. Wise Up offers English language courses specifically designed for adults. The company is headquartered in Curitiba, Brazil. A pivotal moment for Wise Up occurred in February 2013 when Abril Educação, a portfolio company of BR Investimentos, acquired it.
The CEO of Wise Up is Nalegendary Adebowale. Wise Up specializes in English language courses designed for adults, emphasizing practical application in real-life situations relevant to the user’s interests. Their core offerings encompass both online and in-person classes, focusing on essential skills such as public speaking, negotiation, time management, and leadership development, all tailored to enhance personal and professional growth. The courses include diverse thematic modules, such as 'Travel' and 'Business,' that help students gain confidence in using English in various contexts, from navigating airports to engaging in workplace conversations.
The company targets a global clientele, including individuals and professionals seeking to improve their English fluency for career advancement, with courses offered in markets including but not limited to North America, Europe, and Latin America. Wise Up generates revenue primarily through a subscription-based model for its online English language courses, as well as through direct enrollment in its physical locations. Customers pay for access to various modules within the courses, which are structured to allow users to progress at their own pace. Pricing details for these courses are established within an accessible range, with clients typically purchasing packages that include multiple learning modules.
Transactions are conducted directly between the firm and its customers, without intermediaries, ensuring a streamlined process. The company's flagship offerings are the comprehensive online courses, which integrate documentary-style lessons and interactive elements designed to enhance language acquisition, thus attracting both individual learners and corporate entities. In February 2013, following its acquisition by Abril Educação, Wise Up plans to leverage its resources to expand its course offerings and enhance its market presence. The company aims to introduce new thematic modules targeting specific industry needs by late 2023.
Additionally, Wise Up is strategizing to enter new markets across Asia and Africa by 2024, focusing on areas with increasing demand for English proficiency. The recent acquisition has positioned the company to benefit from additional funding aimed at supporting these expansion initiatives.
Current Investors
SOMOS Educação S.A.
Primary Industry
Education/Training
Sub Industries
Education & Training Services
Website
www.wiseup.com
Verticals
EdTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Wise Up - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Wise Up | - |
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