StartNewsBalancesBoard Academy projects a valuation of around R$ 250 million

Board Academy projects a valuation of around R$ 250 million

Uma Academia de Conselho, specialized in training and developing professionals to work in advisory councils, announces impressive results. In the first quarter of 2024, recorded a record increase of 288%, consolidating its position towards the goal of exceeding R$ 50 million in revenue by the end of the year and also reaching a net result of R$ 15 million andvaluationof R$ 250 million. 

Since its creation, in 2015, the company has played a fundamental role in the training of professionals. Two 3,1 thousand graduates, 47% are active in the market. The success achieved is not by chance; the institution is dedicated to filling a gap in the sector, empowering advisors and assisting them in enhancing essential skills in governance, strategy and leadership. 

Next steps 

The planning to achieve significant figures involves the expansion of businesses alongside training programs, certification and immersions. The approach includes increasing revenues from events and franchises. The idea is to open nine branches in capitals spread across Brazil still this year. 

With a substantial financial reserve, the founders also plan a series of acquisitions of companies with useful software to improve business governance management, like ERPs, payment systems, CRM and customer service software. Furthermore, they are betting on a product called Board 360, in which the team of mentors accompanies the students for a year. With proprietary technology, innovation allows participants to accelerate their arrival at the boards. 

For the second quarter of 2024, the company will face some challenges. Among them is the launch of a plan forstock optionsfor the executives, aiming to provide long-term incentives. This strategy not only motivates the internal team, but also attracts high-caliber talent, that are fundamental for the continuous success of the organization. 

Innovations that drive growth 

Created by Farias Souza and Eduardo Gomes, both with experience in the executive education sectors, retail and advisor development, the Board Academy stands out precisely for its capacity for innovation. In the year 2023, the company recorded growth of over 320%, result attributed mainly to the development and certification track. Furthermore, the holding of in-person events, like the Board Day, the Board Summit and the Board Awards, for more than 1,2 thousand participants, has been a fundamental part of the process.  

These meetings are entirely dedicated to the career of counselor and ideally complement the training programs offered. The strategic vision is clear: to target the more than 70,000 medium-sized organizations in Brazil that have the appropriate complexity to establish effective advisory boards. 

As we move into 2024, our eyes are firmly fixed on the future, with ambitious expansion plans and the mission of continuing to empower business advisors through high-quality education and constant innovation, affirms Farias Souza, CEO of the company. 

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