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uLesson Announces Seed Round Participation by Founder Collective

uLesson, a Nigerian-based education technology startup, has announced a participation in its Seed funding round by Founder Collective, as part of its seed round secured in 2019.

uLesson says the investment allows it to expand its online learning platform to reach more learners, academic tutors, media and technology to maximize its potential as an edtech player.

In a statement, 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.”

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In 2019, uLesson raised $3.1mn Seed Round led by TLcom Capital with participation by Sim Shagaya ahead of its market launch in Nigeria in February 2020.

uLesson aims to address infrastructure and learning gaps in Africa’s education sector targeting secondary school learners across the West African region. uLesson has been in development and beta testing for 12 months and will use the funding to take the product to market in West Africa, before looking to develop educational content and a product for the East African market. 

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The firm says it’s appropriate for its Africa users where there is a significant rate of education exclusion. The platform has created a convergence between quality education and access to education and the funding will help it expand its content library and accelerate its push for providing high-quality, affordable and accessible education for learners.

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