Koolskools, Moroccan edtech raises $416,000 for digitization drive

KoolSkoolslogo

Moroccan edtech Koolskools is an online learning platform allowing users to find everything about schools digitally. The platform monitors a child’s progress, lessons learned, interactive exercises, and learning exchanges between teachers and students.

Koolskools invited several Moroccan institutions such as Attijariwafa Bank, Bank of Africa, CCG, BCP, and MITC through the MITC Capital’s Maroc Numeric Fund II. After a successful round, the fund raised $416,000 (MAD 4 million) of which $310,000 was from Maroc Numeric Fund II while the rest an undisclosed investor.

Funds raised are for scaling Koolskools inside Morocco then expanding internationally. The platform helps schools digitize their courses and exercises by creating a content bank that delivers live courses. Schools can manage their operations by looking up student records, report cards, attendance, payments, and communicating with parents.

According to a Menabytes post, the startup has 30 schools with over 20,000 students and 700 teachers using it’s online platform across the Moroccan cities of Rabat, Casablanca, Agadir, Fez and Marrakech.

The startup will invest the entire sum raised in Morocco to acquire the right technology, marketing, and commercial expertise that can serve a large pool of schools and students.

Distance learning to continue

In a development that will expand distance teaching and learning, the Ministry of National Education announced a continuation of distance learning, even postponing the spring holidays and covering all training cycles at the departments of Professional Training, National Education, Scientific Research, and Higher Education. They instead urged parents to encourage their children to stay at home and ensure their attendance in online learning.

What do you think?

0 points
Upvote Downvote

Total votes: 0

Upvotes: 0

Upvotes percentage: 0.000000%

Downvotes: 0

Downvotes percentage: 0.000000%

Leave a Reply

Your email address will not be published. Required fields are marked *

E4E

E4E targeting innovative enterpreneurs in South Africa after investment from SA SME Fund

IntiGo

Tunisia startup IntiGo raises $1 million for ride-hailing and logistics platform