Lagos-based edtech startup Edves, has announced that it has raised $120 000 from two Nigerian investors: Chinook Capital and Co-creation Hub’s (CcHub) innovation fund Growth Capital.
The startup, which was founded in 2016 by CEO Dimeji Falana and COO Dare Adebayo, announced the investment in a post on Twitter.
We are happy to announce our 1st Seed Round Investment of $120k USD from @nextgenfund and @chinookNG. We are excited to work with these great ventures because of their agape Love for Education, depth in Emerging Economy & the strong teams they have built CC @Cc_HUB @bosuntijani
— Edves (@EdvesSuite) November 2, 2018
The startup has developed school management software that is helping over 340 schools deal with admissions, payments, report cards, elearning and parent-teacher communication, among other things.
Earlier this year, Edves won the Transforming Education Prize at the 2018 Seedstars World Summit in Lausanne, Switzerland.
