Kenyan-based edtech startup, Zeraki has secured $1.8 million in seed funding. Acumen Fund led the round with participation from Children Impact Investment Fund, Verdant Frontiers Fintech, and Logos Ventures
The startup has revealed that the new funds will be deployed to catalogue its product growth while fueling its expansion in East Africa.
Isaac Nyangolo, CEO and co-founder of Zeraki, confirmed that the startup plans to introduce more administrative tools into schools.
“We’ve built an extensive distribution channel covering almost half of the high schools in Kenya, and that means, we have an opportunity to solve other tech needs that schools have,” Nyangolo commented.
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According to the CEO, Zeraki has revived the digital learning platform and in addition, tested some products including timetabling
Zeraki has scaled its operations in Kenya, Guinea, and Uganda, and with this recent seed funding, the edtech startup seeks expansion into 10 new markets.
“We’re expanding first into the regions that we understand and that have similar business environments. We plan on first moving into the entire East Africa community and then exploring the Anglophone region,” Nyangolo added
Founded in 2014, the edtech startup began with an interactive digital learning platform for high school students.
“We realised that schools were purchasing the product but not using it because they lacked the appropriate infrastructure, and teachers didn’t know how to integrate it within the school setting. We were bootstrapping at the time, and didn’t have enough resources to do consumer education. But around 2017 we realized that data was actually a much bigger problem in schools,” said, the co-founder
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