Tech in Africa
The Nigerian edtech and Africa-focussed online learning platform Edukoya was founded in May 2021 and launched its beta in December. It is expected to fully launch next year. Edukoya empowers its learners and their parents with access to high-quality education – thus raising $3.5 million in pre-seed round led by Target Global a European VC firm. Investors also taking part in the pre-seed round are prominent angel investors.
Led by the former Google Nigeria boss Honey Ogundeyi, Edukoya focuses on Nigeria’s secondary school learners (grades 10 to 12) offering 24/7 round-the-clock exam preparation, homework tutorials, and a data-driven question bank offering step-by-step solutions in addition to personalized performance tracking systems. The app is currently free with plans to add a freemium model where they upsell premium products to parents or students.
The edtech sector this year has experienced a slow start, unlike last year which was a record for the global edtech sector. More on TechCrunch.
🇳🇬 NIGERIA: Edtech platform @Edukoya founded by @HoneyOgundeyi, has raised $3.5M in a pre-seed round led by @TargetGlobalVC with strategic participation from angel investors including Paystack co-founder @Shollsman and Kuda founders @BabsOgundeyi and Musty Mustapha @MOM_0x. pic.twitter.com/AjtAoZM4Ly
— Techloy 🚀 (@techloy) December 15, 2021
