{"id":6849,"date":"2021-12-09T13:09:35","date_gmt":"2021-12-09T13:09:35","guid":{"rendered":"https:\/\/www.africa-press.net\/gambia\/uncategorized\/nigerian-ed-tech-startup-ulesson-secures-15m-series-b-investment"},"modified":"2021-12-09T13:33:26","modified_gmt":"2021-12-09T13:33:26","slug":"nigerian-ed-tech-startup-ulesson-secures-15m-series-b-investment","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/gambia\/all-news\/nigerian-ed-tech-startup-ulesson-secures-15m-series-b-investment","title":{"rendered":"Nigerian ed-tech startup uLesson secures $15m Series B investment"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Gambia. <\/strong><\/span>Nigerian ed-tech startup uLesson has secured US$15 million in Series B funding it will use to add to its team and improve services for its growing community of learners across Africa.<\/p>\n<p>Founded in 2019 by serial entrepreneur Sim Shagaya, uLesson offers live online classes with expert tutors, video lessons and personalised live homework help for primary and secondary school learners online and via its app.<\/p>\n<p>Available in Nigeria, Ghana, Sierra Leone, Liberia, The Gambia, Kenya, Uganda, Rwanda, South Africa, the United States (US) and the United Kingdom (UK), uLesson saw its daily average users increase by 430 per cent in 2021, while also reporting positive changes to learning outcomes.<\/p>\n<p>The startup raised a US$7.5 million Series A round in January of this year, and has moved on to Series B within 12 months with a US$15 million investment. The funding comes from Nielsen Ventures and Tencent, as well as existing investors, Owl Ventures, TLcom Capital, and Founder Collective.<\/p>\n<p>With the capital, uLesson plans to continue to invest in product development, strengthen its core technology and add cohort-based learning features. Expanding on its flagship science and mathematics content, the company will add social sciences and financial accounting to the secondary level content library and qualitative and quantitative reasoning to primary level.<\/p>\n<p>\u201cWe\u2019re thrilled to achieve this major milestone which will take us further in bringing high quality and affordable education to all Africans. We\u2019re delighted to be joined by seasoned investors, like Tencent, who bring a wealth of experience from their investments in education technology. Backed by incredible partners, we can accelerate our learning to serve the African edtech market more effectively,\u201d said Shagaya.<\/p>\n<p>David Frankel, managing partner at Founder Collective, said he truly believed that entrepreneurs could change the world, and had every hope uLesson would set new standards for education in Africa.<\/p>\n<p>\u201cThe incredible talent on the continent has been held back for too long by a lack of opportunities. So I couldn\u2019t be a more enthusiastic supporter of Sim Shagaya and his vision for more accessible and affordable educational opportunities for millions of people,\u201d he said.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/gambia\">Gambia<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Gambia. Nigerian ed-tech startup uLesson has secured US$15 million in Series B funding it will use to add to its team and improve services for its growing community of learners across Africa. Founded in 2019 by serial entrepreneur Sim Shagaya, uLesson offers live online classes with expert tutors, video lessons and personalised live [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":6848,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,8,9],"tags":[2355,2361,3141,260,3142],"class_list":["post-6849","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-miscellaneous","tag-africa-press","tag-africa-press-gambia","tag-ed-tech","tag-gambia","tag-investment"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Nigerian ed-tech startup uLesson secures $15m Series B investment - Gambia<\/title>\n<meta name=\"description\" content=\"Nigerian ed-tech startup uLesson has secured US$15 million in Series B funding it will use to add to its team and improv ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/gambia\/all-news\/nigerian-ed-tech-startup-ulesson-secures-15m-series-b-investment\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigerian ed-tech startup uLesson secures $15m Series B investment\" \/>\n<meta property=\"og:description\" content=\"Nigerian ed-tech startup uLesson has secured US$15 million in Series B funding it will use to add to its team and improv ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/gambia\/all-news\/nigerian-ed-tech-startup-ulesson-secures-15m-series-b-investment\" \/>\n<meta property=\"og:site_name\" content=\"Gambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-09T13:09:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-12-09T13:33:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2021\/12\/img-61b2058bafdc9.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"702\" \/>\n\t<meta property=\"og:image:height\" content=\"336\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/nigerian-ed-tech-startup-ulesson-secures-15m-series-b-investment#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/nigerian-ed-tech-startup-ulesson-secures-15m-series-b-investment\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Nigerian ed-tech startup uLesson secures $15m Series B investment\",\"datePublished\":\"2021-12-09T13:09:35+00:00\",\"dateModified\":\"2021-12-09T13:33:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/nigerian-ed-tech-startup-ulesson-secures-15m-series-b-investment\"},\"wordCount\":368,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/nigerian-ed-tech-startup-ulesson-secures-15m-series-b-investment#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2021\/12\/img-61b2058bafdc9.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Gambia\",\"ed-tech\",\"Gambia\",\"investment\"],\"articleSection\":[\"all news\",\"homepage-english\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/gambia\/all-news\/nigerian-ed-tech-startup-ulesson-secures-15m-series-b-investment#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/nigerian-ed-tech-startup-ulesson-secures-15m-series-b-investment\",\"url\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/nigerian-ed-tech-startup-ulesson-secures-15m-series-b-investment\",\"name\":\"Nigerian ed-tech startup uLesson secures $15m Series B investment - 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