• Nigerian/African Tech
  • Start Up
  • Internet
    • App
    • Mobile
    • Software
  • Gadgets
  • Money
  • Video
Tech News, Magazine & Review WordPress Theme 2017
  • Home
  • Africa
  • Business
  • Video
  • Metaverse
  • AI
  • Gadgets
  • Earnings
  • Tips
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • Home
  • Africa
  • Business
  • Video
  • Metaverse
  • AI
  • Gadgets
  • Earnings
  • Tips
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
TechBooky
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Home Education

Abuja Based Edtech Startup uLesson Closes A Series B Funding Round At $15m

Femi by Femi
December 10, 2021
Share on FacebookShare on Twitter

 

Also On TechBooky

Nigerian Founded Kibo School Gets $2m In Funding For Online STEM Degrees

Why You Should Never Stop Trying To Learn New Things

South Africa’s Edtech Startup FoondaMate Gets $2m In Seed Funding

Technology Helps Establish Skills for Developing Young Minds

A Flexible, Ultra-Thin Loudspeaker Developed By MIT Researchers – A Sneak-Peak At The Process

African edtech startup uLesson has closed a Series B funding round at $15 million. The round follows eleven months after the edtech startup raised $7.5 million in a Series A round. The recently concluded funding round saw the involvement of five investors namely Chinese titan Tencent, Nielsen Ventures, Owl Ventures, TLcom Capital and Founder Collective. The investment is reportedly the largest disclosed investment that has been made in an edtech startup from Africa.

uLesson was founded in 2019 by Sim Shagaya and went mainstream following the advent of the pandemic. The company has, within the short period it started and the period of the pandemic had to change business models to deal with the challenges that came with being in an African market and the pandemic. When it launched, all the startup did was to provide a product pack of SD cards and dongles with pre-recorded videos for K-12 students – this way, students can either access lessons by streaming or using these SD cards to download and store the lessons.

Overtime, uLesson has revamped its platform by introducing new features and has shifted to accommodate more learners. The startup included quizzes and a homework help feature that connects students with tutors from various universities. It also added a live class feature and improved its coding class called DevKids by adding a one-on-one experience feature.

DevKids, which is independent of the main uLesson platform and started as an experiment to teach kids how to code, has since rolled back but uLesson’s founder said it would be introduced into uLesson’s platform by January 2022. “What we want ultimately is different strata of free users that can use the app and can pay for a premium experience to attend live classes or get the homework helper. And because parents do want to invest in the best for their kids, one of the ways you can do that is personalized one-to-one instruction for their children, whether in coding through DevKids or math or science or English”, Sim Shagaya said.

According to the startup, the uLesson app has 2 million downloads and more than 12.3 million videos have been watched, with 25.6 million questions answered on the platform. uLesson is available in other African markets apart from Nigeria. It is available in South Africa, Sierra Leone, the UK, Liberia and the US which the founder claims to have spread by mere word of mouth. Nigeria, however, remains its biggest market as 85 percent of the platform’s paying customers come from Nigeria. According to the startup its paying users grew 600% this past year. Its monthly average users also increased 700%, while average daily users surged 430% within the same time frame. The company also added that its live lesson demand grew by 222% since its introduction in September. The company uses 180 field sales agents to onboard schools and individual users across Nigeria, Uganda, Kenya and Ghana, the countries receiving the most marketing attention from uLesson.

 “Our vision is to create these feedback loops between teacher and learner and parent and school that embraces virtuous cycles and feed themselves to the betterment of the educational system”, Sim Shagaya said.

Related Posts:

  • uLesson Acquires Funding And Sets To Further Expand Across Africaule
    uLesson Acquires Funding And Sets To Further Expand Across…
  • Moove Gets $105m Series A2 Funding To Spread Across Asia, Europe And The MENA Region
    Moove Gets $105m Series A2 Funding To Spread Across Asia,…
  • South Africa's Edtech Startup FoondaMate Gets $2m In Seed Funding
    South Africa's Edtech Startup FoondaMate Gets $2m In Seed…
  • Nigeria's Bfree Raises $1.7 Million In Pre-Series A Round
    Nigeria's Bfree Raises $1.7 Million In Pre-Series A Round
  • Nigeria's ThankUCash, A Loyalty Rewards Startup Raises $5.3m
    Nigeria's ThankUCash, A Loyalty Rewards Startup Raises $5.3m
  • Kenya EV Startup BasiGo Gets $4.3 Million In Funding
    Kenya EV Startup BasiGo Gets $4.3 Million In Funding
  • Nigerian Logistics Startup Topship Closed A $2.5m Funding Round
    Nigerian Logistics Startup Topship Closed A $2.5m Funding…
  • Nigerian Founded Kibo School Gets $2m In Funding For Online STEM Degrees
    Nigerian Founded Kibo School Gets $2m In Funding For Online…
Tags: edtecheducationfundingseries b fundingstartupulesson
Femi

Femi

Paul Balo is a wireless communications technologist with interests in VoIP and 5G technologies. He leads the writing team at TechBooky

BROWSE BY CATEGORIES

Receive top tech news directly in your inbox

Loading

Recent

YouTube Suspends Ads And Monetization For Russian Channels

YouTube Is Cracking Down On Tricks Spammers Use For Impersonation

July 2, 2022
Google Unveils New AI- Powered Innovations At ‘Search On’ 2021 Event

Google Updates Its Built-In Password Manager For Chrome And Android

July 2, 2022
How To Be Sure Your Online Casino Is Safe

How To Be Sure Your Online Casino Is Safe

July 1, 2022
Google To Pay Out $90 Million To Small App Developers To Diffuse Antitrust Suit

Google To Pay Out $90 Million To Small App Developers To Diffuse Antitrust Suit

July 1, 2022
US Communications Regulator To Ban TikTok, Writes To Google, Apple To Yank It Off App Store

US Communications Regulator To Ban TikTok, Writes To Google, Apple To Yank It Off App Store

July 1, 2022
Leofied is Wooing African Freelancers With 10% Commission & More

Leofied is Wooing African Freelancers With 10% Commission & More

July 1, 2022
Google’s Switch To Android iOS App Now Works With Android 12 Devices

Google’s Switch To Android iOS App Now Works With Android 12 Devices

June 30, 2022
Snapchat Releases Paid Version Of Its Social App With Extra Features

Snapchat Releases Paid Version Of Its Social App With Extra Features

June 30, 2022
Samsung Kicks-Off Mass Production Of 3nm Chips Ahead Of TSMC

Samsung Kicks-Off Mass Production Of 3nm Chips Ahead Of TSMC

June 30, 2022
Private Aviation: Where It’s At Now

Private Aviation: Where It’s At Now

June 30, 2022

Browse Archives

July 2022
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jun    

Receive top tech news directly in your inbox

Loading

About Us

TechBooky

TechBooky is a social Tech blog with a special focus on the budding African Technology sector. TechBooky is currently based in Abuja, Nigeria.

Subscribe to TechBooky

Enter your email address to subscribe to TechBooky and receive notifications of new posts by email.

Join 17,953 other subscribers.

Popular Tags

AI (229) amazon (88) android (264) app (563) Apple (440) artificial intelligence (239) business (283) china (112) cloud (130) cryptocurrency (136) ecommerce (107) enterprise (228) facebook (461) gadget (396) gaming (149) google (528) government (367) guest post (108) instagram (131) internet (327) ios (231) iphone (193) microsoft (251) mobile (259) new feature (255) nigeria (269) privacy (126) research (132) samsung (128) security (352) smartphone (211) social media (632) software (383) startup (241) streaming (132) telecom (154) tips (310) transport (98) twitter (192) united states (179) users (103) videos (108) website (138) whatsapp (124) youtube (101)

Quick Links

  • Home
  • Africa
  • Business
  • Video
  • Metaverse
  • AI
  • Gadgets
  • Earnings
  • Tips

Popular Post

  • Trending
  • Comments
  • Latest
Top 2 Methods To Convert CSV To vCard/VCF In 2022

Top 2 Methods To Convert CSV To vCard/VCF In 2022

February 2, 2022
iOS 16 Brings Haptic Feedback To The iPhone’s Keyboard

iOS 16 Brings Haptic Feedback To The iPhone’s Keyboard

June 8, 2022
watchOS 9 Debut With New Ways To Stay Connected, Active & Healthy

watchOS 9 Debut With New Ways To Stay Connected, Active & Healthy

June 9, 2022
WWDC22: Apple Debuts New iOS 16 Lock Screen With Widgets And More

How To Download The iOS 16 Developer Beta To Try The New Features

June 8, 2022
Apple’s WWDC22 Is Set For June 6th-10th As A Virtual Event

WWDC22: What To Expect From Apple’s Developer Conference

May 31, 2022
El Salvador’s $1.4 Billion Bitcoin City Plan Wobbles As Crypto Crashes

El Salvador’s $1.4 Billion Bitcoin City Plan Wobbles As Crypto Crashes

June 25, 2022
YouTube Suspends Ads And Monetization For Russian Channels

YouTube Is Cracking Down On Tricks Spammers Use For Impersonation

July 2, 2022
Google Unveils New AI- Powered Innovations At ‘Search On’ 2021 Event

Google Updates Its Built-In Password Manager For Chrome And Android

July 2, 2022
How To Be Sure Your Online Casino Is Safe

How To Be Sure Your Online Casino Is Safe

July 1, 2022
Google To Pay Out $90 Million To Small App Developers To Diffuse Antitrust Suit

Google To Pay Out $90 Million To Small App Developers To Diffuse Antitrust Suit

July 1, 2022
US Communications Regulator To Ban TikTok, Writes To Google, Apple To Yank It Off App Store

US Communications Regulator To Ban TikTok, Writes To Google, Apple To Yank It Off App Store

July 1, 2022
Leofied is Wooing African Freelancers With 10% Commission & More

Leofied is Wooing African Freelancers With 10% Commission & More

July 1, 2022

Recent News

YouTube Suspends Ads And Monetization For Russian Channels

YouTube Is Cracking Down On Tricks Spammers Use For Impersonation

July 2, 2022
Google Unveils New AI- Powered Innovations At ‘Search On’ 2021 Event

Google Updates Its Built-In Password Manager For Chrome And Android

July 2, 2022
How To Be Sure Your Online Casino Is Safe

How To Be Sure Your Online Casino Is Safe

July 1, 2022
Google To Pay Out $90 Million To Small App Developers To Diffuse Antitrust Suit

Google To Pay Out $90 Million To Small App Developers To Diffuse Antitrust Suit

July 1, 2022
US Communications Regulator To Ban TikTok, Writes To Google, Apple To Yank It Off App Store

US Communications Regulator To Ban TikTok, Writes To Google, Apple To Yank It Off App Store

July 1, 2022
Leofied is Wooing African Freelancers With 10% Commission & More

Leofied is Wooing African Freelancers With 10% Commission & More

July 1, 2022
  • About TechBooky
  • Submit Article
  • Advertise Here
  • Contact us
  • Privacy Policy
  • Disclaimer
  • Login

© 2021 Design By Tech Booky Elite

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • Home
  • Africa
  • Business
  • Video
  • Metaverse
  • AI
  • Gadgets
  • Earnings
  • Tips

© 2021 Design By Tech Booky Elite

Posting....