Nigerian education technology startup, uLesson, has announced new investment from Founder Collective, a marquee seed-stage venture capital fund.
Though the amount is undisclosed, it is part of uLesson’s seed funding round secured in 2019 and it allows the edtech to expand its online learning platform.
uLesson’s online platform leverages best in class academic tutors, media and technology to provide high-quality, affordable and accessible education for African learners.
Launched in March this year, the company was able to secure $3.1 million before its market launch.
Sim Shagaya, Founder and CEO of uLesson, said “The entire team is excited and humbled by this investment by Founder Collective and the strategic guidance and support they bring to our journey. Building a learning platform like uLesson with a library that is rich in content and scope portends huge benefits for the education system in terms of quality and relevance of content, cost-efficiency, and ease of learning. This is especially important in a continent like Africa where there is a significant rate of education exclusion. With uLesson, we have created a convergence between quality education and access to education. With this funding, we will expand our content library and accelerate our push for providing high-quality, affordable and accessible education for learners”.
The Company recently expanded its offerings to even more markets across the African continent. The app currently offers Maths, Physics, Chemistry and Biology for senior secondary school, and the Company is working to release both a Windows product and a Junior secondary school library covering Basic Technology, Basic Science, Business Studies and Mathematics in the coming months.
In its contribution to provide its service to youths during the coronavirus lockdown, uLesson recently announced its partnership with Airtel Nigeria to provide online education at a subsidized rate to Nigerian students. The partnership provides all new and existing uLesson subscribers who use the Airtel network, free 500MB daily to continue learning via the uLesson app
