$2.2M Seed Round to Transform Learning in Corporate Training Departments

Feb 4, 2025

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Welcome to The SaaS CFO Podcast! In this episode, host Ben Murray sits down with Luis Garcia, the innovative president and co-founder of Pete, to unravel his inspiring journey. From his early days as a software engineer in Venezuela to launching a leading online university in the U.S., Luis shares key experiences that shaped his path in the world of digital education.

Luis dives deep into the challenges of creating effective digital education materials and evaluating learning outcomes. He explains how Pete harnesses the power of generative AI to address these challenges, providing scalable training solutions for companies looking to enhance their workforce learning without extensive resources. Learn how Pete transforms existing materials into engaging courses and creates interactive learning experiences that effectively evaluate understanding.

The episode also explores Pete's impressive growth trajectory and the potential of AI to revolutionize online education. With 16 customers and counting, Pete is poised for further expansion, demonstrating the increasing demand for innovative learning solutions. Listen in to discover Luis's vision for the future of corporate education and how Pete is setting the stage for transformative change in the industry.

Show Notes:

00:00 Software Engineer Turned Education Pioneer

03:35 Rethinking Learning Evaluation Methods

09:35 Simulation Engine for Learning Scenarios

10:57 Collaborative Course Creation Model

14:55 Initial Cash Infusion and Growth

17:20 Community Investment and Job Growth

20:00 AI Boosts EdTech and Growth

Links:

SaaS Fundraising Stories: https://www.thesaasnews.com/news/pete-secures-2-million-in-seed-round

Luis Garcia’s LinkedIn: https://www.linkedin.com/in/luisegarcia/

Pete’s LinkedIn: https://www.linkedin.com/company/pete-learning/

Pete’s Website: https://www.pete.com/

To learn more about Ben check out the links below:

Subscribe to Ben’s daily metrics newsletter: https://saasmetricsschool.beehiiv.com/subscribe

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SaaS Metrics courses here: https://www.thesaasacademy.com/

Join Ben’s SaaS community here: https://www.thesaasacademy.com/offers/ivNjwYDx/checkout

Follow Ben on LinkedIn: https://www.linkedin.com/in/benrmurray