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Emeritus Accelerates Growth Plans in Latin America Names New CEO for the Region Launches Brazil Office

Andrea Mansano Brings Deep Experience in the Education Technology Industry to Scale High Growth Business

Mexico City, September 28, 2021: Emeritus, the global leader in making high-quality upskilling education accessible and affordable to individuals, companies, and governments around the world, announced robust growth plans for the Latin American region. As demand for Emeritus continues to grow, the company has appointed Andrea Mansano as CEO for Latin America. Mansano will work closely with senior leadership to scale Emeritus’ business, including expanding the company’s courses in Spanish and Portuguese and creating an office in Brazil to accelerate its growth.

Emeritus continues to experience rapid growth, with 2x topline growth year-over-year. Last month, the company announced a $650 million funding round that boosted its valuation to $3.2 billion, quadrupling its Series D valuation from August, 2020. In FY21, alone, the company reached learners in 80+ countries and offered programs through partnerships with more than 50 of the world’s top universities, and expanded into K12 education with the acquisition of iD Tech.  

According to the World Economic Forum on Latin America, the region has the world’s highest skills shortage in the formal economy. Demand for upskilling has skyrocketed in the last two years as more learners are accessing education virtually. Emeritus has established partnerships with the top local universities including, Instituto Centroamericano de Administración de Empresas (INCAE), IPADE Business School, and Insper, Universidad de Los Andres, to provide both online degree and certificate programs. The company is on track to educate more than 100,000 students in the region in the next three years.

Mansano brings to Emeritus more than 20 years of experience leading large IT and education companies. She previously worked with Digital/Compaq/H.P., SAP, and Microsoft. She also served as Latin America President for Education First (EF), the world’s largest private education company, where she was responsible for leading the company’s top region. 

“Emeritus was built on the belief that education has the power to transform lives,” said Chaitanya Kalipatnapu, Co-founder and Executive Director of Emeritus. “With Andrea’s extensive experience in edtech and our notable university partners – globally and in the region – we are well-positioned to expand rapidly to reach more learners through our unique, high-quality education model.” 

Mansano graduated with degrees in Business Administration and Economics from Pontificia Universidade Catolica de Campinas (PUCC) and holds Masters Degrees in E-Business from Fundação Getulio Vargas (FGV) and Ohio University. She has attended programs on Internet History, Technology, and Security at the University of Michigan, Paradoxes of War at Princeton University, and Real Life Leadership at Hult Ashridge Executive Education.

“I believe deeply in Emeritus’ mission to make high-quality education accessible and affordable and am excited to support it with the goal to impact more learners,” said Andrea Mansano, CEO, Emeritus, Latin America. “Latin America is a dynamic region with huge opportunity and demand for high-quality education.”

Mansano is also passionate about social responsibility and is the founder of “Pequenos Músicos da Liberdade,” a non-profit that has educated 120 vulnerable children through music in Sao Paulo. She is an Advisory Board Member at Vocação, an NGO dedicated to developing people’s skills through working with communities, investing in education projects, conducting professional training courses, and providing services to companies. Mansano is also the founder of EVA- Economic Value Added Business Group- an organization of more than 400 businesswomen dedicated to ensuring C-level female representation in Latina-American companies. The mission of this group is to guarantee each company has female representation in the C-suite.

 

About Emeritus

Emeritus is committed to teaching the skills of the future by making high-quality education accessible and affordable to individuals, companies, and governments around the world. It does this by collaborating with more than 50 top-tier universities across the United States, Europe, Latin America, Southeast Asia, India and China.  Emeritus’ short courses, degree programs, professional certificates, and senior executive programs help individuals learn new skills and transform their lives, companies and organizations.  Its unique model of state-of-the-art technology, curriculum innovation, and hands-on instruction from senior faculty, mentors and coaches educates more has educated more than 250,000 individuals across 80+ countries. Founded in 2015, Emeritus, part of Eruditus Group, has more than 1,400 employees globally and offices in Mumbai, New Delhi, Shanghai, Singapore, Palo Alto, Mexico City, New York, Boston, London, and Dubai. Following its $650 million Series E funding round in August 2021, the company is valued at $3.2 billion, and is backed by Accel, SoftBank Vision Fund 2, the Chan Zuckerberg Initiative, Leeds Illuminate, Prosus Ventures, Sequoia Capital India, and Bertelsmann.