After 40,000 mentoring sessions, AMentoria raises $196K to take ENEM prep beyond Natal

AMentoria, a Brazilian edtech founded in 2019 in Natal, has raised a $196K seed round led by Triaxis Capital and Crescera Capital through FIP Nordeste Capital Semente.

The company offers test preparation and individual mentoring for students taking the ENEM and university entrance exams, with a focus on medical school admissions. It works both directly with students and through partnerships with schools — a dual channel that has shaped its growth so far.

The round drew additional participation from Insper Angels, Anjos do Brasil, angel investors Cristiano Faé and Adriano Silveira, and existing investor WOW Aceleradora, which returned for the new round.

AMentoria said it will use the funding to improve its learning platform, expand its school partnerships, establish operations in São Paulo, and enter new regions across Brazil. The move to São Paulo is notable for a company that has built its base in Rio Grande do Norte since its founding seven years ago, and it puts AMentoria closer to the country's densest concentration of schools and test-prep demand.

The raise arrives on the back of some operating momentum. AMentoria said its monthly recurring revenue from school partnerships doubled in recent months, a signal that the B2B side of the business is doing the heavier lifting as the company scales.

On the student side, the company said it has helped more than 1,000 students gain admission to medical school and has completed over 40,000 individual mentoring sessions. Medical school admissions are among the most competitive tracks in Brazilian higher education, and AMentoria has organized its product around that specific bottleneck rather than the broader entrance-exam market.

The seed round is modest by regional standards, but it comes with a mix of institutional funds, angel networks and an accelerator already on the cap table — a structure common among early-stage Brazilian edtechs building toward a larger follow-on.

With the new capital, AMentoria's near-term test is whether the school-partnership model that doubled its recurring revenue can travel outside its home region, first to São Paulo and then to new markets across Brazil.