Encantos Raises $2M to Build Multicultural, Educational Consumer Brands

Financing

Encantos Raises $2M to Build Multicultural, Educational Consumer Brands

Jan 27, 2020

Encantos, a Culver City, Calif.-based company that develops educational consumer brands for children, has raised $2 million in a seed round led by Kapor Capital. Other institutional investors include Boston Meridian Partners, Chingona Ventures, Human Ventures and MathCapital, along with individuals Tom Chavez, Rich Greenfield, Lydia Jett, Michael Kassan and Antonio Lucio.

Founded in 2015, Encantos develops apps, books and singalong videos that aim to impart literacy and 21st century skills, with an emphasis on representing diverse cultures through its stories and characters. The company partnered with Nickelodeon in 2017 to distribute Canticos, its Emmy-nominated bilingual digital series, on its platforms, including Nick Jr. and NOGGIN. Its most recent series, Tiny Travelers, focuses on geography, language and culture.

The new capital will support Encantos’ efforts to build a subscription service for its digital and physical offerings, according to a statement. The company has previously raised $800,000 in pre-seed funding.

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