Educbank: Funding, Investors & Team (Sep 2026)
Educbank is a financial system designed specifically for K-12 schools in Brazil. Its main purpose is to provide financial support and management services to educational institutions, ensuring access to quality education. One of the main features of Educbank is its payment guarantee for school tuitions, which helps to expand access to education. This investment will be beneficial for Vasta, as it allows them to tap into the K-12 tuitions payment market, which has a total payment volume of over R$70 billion per year. Educbank's services complement Vasta's digital platform, which already provides access to data and management tools. Additionally, Educbank allows for efficient working capital management, enabling school partners to focus on delivering education. Educbank was founded by Danilo Costa in Sao Paulo in January 2020.
Educbank has raised $28.7M across 2 funding rounds on record, the most recent an undisclosed round of $14.5M announced in Nov 2024.
That round is above the $1.5M median round size for Education companies tracked on FundedIQ over the last two years.
Educbank Company Profile and Key Stats
Latest funding round on record: Nov 2024.
Educbank Funding Rounds
Educbank raised $14.2M in an undisclosed round announced in Aug 2023.
1.3 years later, an undisclosed round of $14.5M was announced in Nov 2024.
Educbank Founders and Leadership Team
Contact details for the Educbank team: 1 of 1 has an email address on file.
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Educbank's latest round of $14.5M is above the median round in Education. Medians cover the last 24 months of disclosed rounds.
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Educbank Funding FAQs
What does Educbank do?
Educbank is a financial system designed specifically for K-12 schools in Brazil. Its main purpose is to provide financial support and management services to educational institutions, ensuring access to quality education. One of the main features of Educbank is its payment guarantee for school tuitions, which helps to expand access to education. This investment will be beneficial for Vasta, as it allows them to tap into the K-12 tuitions payment market, which has a total payment volume of over R$70 billion per year. Educbank's services complement Vasta's digital platform, which already provides access to data and management tools. Additionally, Educbank allows for efficient working capital management, enabling school partners to focus on delivering education. Educbank was founded by Danilo Costa in Sao Paulo in January 2020.
How much funding has Educbank raised?
Educbank has raised $28.7M across 2 rounds on record. The most recent is an undisclosed round of $14.5M announced in Nov 2024.
When did Educbank last raise funding?
Educbank's most recent funding round on record is an undisclosed round of $14.5M, announced in Nov 2024.
Who founded Educbank?
FundedIQ lists Danilo Costa (Founder) at Educbank.
Where is Educbank headquartered?
Educbank is based in São Paulo, Sao Paulo, Brazil.
How many employees does Educbank have?
Educbank is in the 51-100 employee band.
How does Educbank's funding compare to other Education startups?
Educbank's latest round of $14.5M is above the $1.5M median round size for Education companies on FundedIQ across 1,474 tracked companies over the last two years.
About FundedIQ's Educbank Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Educbank is left off this page rather than filled in.
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