Africa-focused online learning platform, Edukoya, has raised $3.5 million in a pre-seed round led by Target Global.

Also participating in this round of fundraising are angel investors like Shola Akinlade, co-founder/CEO of Paystack, Babs Ogundeyi and Musty Mustapha, co-founders of Kuda, Brandon Krieg and Ed Robinson, co-founders of Stash and Raffael Johnen, CEO of Aux Money, among others. 

Edukoya was founded by former Google Nigeria boss, Honey Ogundeyi in May 2021 but launched into a Beta version in December. The platform empowers learners and their parents to take charge of their learning and enable them to experience an easier way to access high-quality learning material and expert help. 

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Although Edukoya is an Africa-focused brand, the primary target audience for the seven-month-old platform is Nigerian secondary school learners and stakeholders. The startup includes a 24/7 exam preparation & homework tutor guide, a data-driven question bank with step-by-step solutions and personalised performance tracking systems. 

Speaking on the investment made, Ogundeyi of Kuda Bank disclosed: “Our vision at Edukoya is to redefine online education for the next generation of Africans. Africa has the fastest-growing school-age population globally, with over 260 million students and counting. Our goal is to democratise access and make high-quality instruction and content accessible and affordable to every student, regardless of where he or she lives on the continent.”