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Nigerian schooling know-how startup uLesson has just lately raised $15 million in a Sequence B funding spherical led by Nielsen Ventures and Tencent.
The spherical additionally noticed participation from current traders Owl Ventures, TLcom Capital, and Founder Collective.
With the contemporary capital, the startup plans to proceed to spend money on product improvement, strengthen its core, and develop its science and arithmetic content material to incorporate social sciences and monetary accounting to the secondary stage content material library and qualitative and quantitative reasoning to the first stage.
Based in 2019 by serial entrepreneur Sim Shagaya, uLesson provides a collection of instructional merchandise, a core curriculum video library, stay classes, and stay personalised homework assist, that gives holistic studying that’s each interactive and tailor-made to the person wants of major and secondary college learners throughout Africa.
uLesson is on a mission to supply high-quality, reasonably priced, and accessible schooling to all Africans. The corporate goals to create a platform to revolutionize the best way college students be taught and research for his or her exams in preparation for greater schooling and what comes after. It encourages them to embrace the training evolution that comes with the present digital age.
Commenting on the fundraise, Sim Shagaya, Founder and CEO of uLesson, mentioned,
“We’re thrilled to attain this main milestone which is able to take us additional in bringing top quality and reasonably priced schooling to all Africans. We’re delighted to be joined by seasoned traders, like Tencent, who brings a wealth of expertise from their investments in schooling know-how. Backed by unbelievable companions, we are able to speed up our studying to serve the African EdTech market extra successfully.”
Since its launch, uLesson has seen unbelievable traction from learners. In 2021, every day common customers surged 430%, and stay lesson demand grew by 222% since their introduction in September. The uLesson app has been downloaded two million instances; 12.3 million movies have been watched, and 25.6 million questions have been answered.
With uLesson, learners have mastered the core curriculum, improved their check scores, and renewed their confidence in studying. Some uLesson learners have moved from the fiftieth percentile to the ninetieth percentile of their class – one complete normal deviation. uLesson is obtainable in Nigeria, Ghana, Sierra Leone, Liberia, The Gambia, Kenya, Uganda, Rwanda, South Africa, the US, and the UK.
David Frankel, Managing Accomplice of Founder Collective, mentioned in a press release,
“The unbelievable expertise on the continent has been held again for too lengthy by an absence of alternatives. So I couldn’t be a extra enthusiastic supporter of Sim Shagaya and his imaginative and prescient for extra accessible and reasonably priced instructional alternatives for hundreds of thousands of individuals.”
uLesson believes studying must be a personally fulfilling and thrilling journey for each scholar. The corporate employs an individualistic strategy to studying, making use of simplified instructing strategies designed to amplify every scholar’s studying capability with high quality lesson plans from one of the best tutors. The platform takes the advanced ideas of math, physics, chemistry, and biology and presents them to the learner in a way that makes studying interactive and fascinating.
Earlier this yr, uLesson had raised $7.5 million in a Sequence A spherical led by Owl Ventures, with the participation from current traders, TLcom Capital, Founder Collective, and new investor LocalGlobe.
In regards to the Writer
Writer: Shalini Pathak
Shalini Pathak is a Workers Author at EdTechReview (ETR) – India’s main edtech media & neighborhood. She has over 4 years of expertise in media, masking completely different beats. Like all writers she’s an enthusiastic reader first with a ardour to create out of the field content material, and a capability to jot down about any matter. As part of the ETR workforce, she is going to cowl the most recent within the edtech business with a deal with edtech startup tales and their funding.Like what we do?
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