Edukoya raises $3.5m to offer high quality secondary college training on-line

Edukoya, an African-focused on-line studying platform that empowers learners and their mother and father to entry high-quality training, has raised $3.5 million in a pre-seed spherical led by Goal World.

Collaborating within the spherical are angel traders like Shola Akinlade, co-founder/CEO of Paystack, Babs Ogundeyi and Musty Mustapha, co-founders of Kuda, Brandon Krieg and Ed Robinson, co-founders of Stash and Raffael Johnen, CEO of Aux Cash—amongst others. 

Based in Could however launched into beta in December this yr by former Google Nigeria boss, Honey Ogundeyi, Edukoya says it desires to empower learners and their mother and father to take management of their studying and make it simpler for them to entry high-quality studying materials and professional assist. 

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Particularly, the platform is constructed to focus on Nigerian secondary college learners. No less than that’s its present proposition. Edukoya consists of 24/7 examination preparation & homework tutor assist, a data-driven query financial institution with step-by-step options and personalised efficiency monitoring programs. 

Public training in Nigeria just isn’t nice; there are too many elements warring towards it, from low funding to incompetent lecturers to unhealthy authorities coverage. So, high quality training is just accessible to a small proportion of Nigerians.

The seven-month-old startup says it affords a free, supplementary studying platform, in addition to subscription packages with premium options, targeted on Ok-12 studying and examination preparation. This providing mixture is predicted to scale back the uneven distribution of high quality training. The platform operates a 100% on-line mannequin, which promotes self-paced studying that enables learners to avoid wasting money and time. 

Edukoya app

“Our imaginative and prescient at Edukoya is to redefine on-line training for the following technology of Africans. Africa has the fastest-growing school-age inhabitants globally, with over 260 million college students and counting,” Ogundeyi, who was additionally the founding CMO of Kuda Financial institution, stated whereas talking on the brand new funding. “Our objective is to democratise entry and make high-quality instruction and content material accessible and reasonably priced to each scholar, no matter the place she or he lives on the continent.”

Lina Chong, Funding Director at Goal World, stated they [Target Global] are delighted to steer this funding and accomplice with Ogundeyi and her spectacular workforce of training expertise pioneers. “Edukoya’s mission to offer higher high quality to thousands and thousands of African college students, mixed with the workforce’s means to execute on this ambition, left a direct impression on myself and the entire workforce at Goal World. Their enterprise has the potential to unlock learner potential and enhance lives throughout generations’.”

Edukoya app

This funding is the largest pre-seed funding for African edtech and likewise the largest funding raised by a Nigerian feminine single founder. The corporate plans to make use of the funds to go from beta to reside launch in Nigeria by 2022. It’s going to additionally speed up its product and expertise in addition to broaden its on-line curriculum content material protection and on-demand tutoring characteristic for secondary college learners. 

Relating to funding, the African edtech scene was off to a gradual begin this yr, however its pulse is lastly choosing up. Regardless that it’s a big market to serve, competitors is getting stronger with the presence of platforms like uLesson that just lately secured a $15m examine to double-down on the identical market phase Edukoya units its eyes on. 

Nevertheless, it’s nonetheless too early to  know who will emerge as trade chief, no matter who launches first.


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