GJO & PartnersInvest Matching

Edtech in Nigeria: funding deals and active investors

One of the best-documented segments on the platform. Latest rounds, investors who lead them, tickets and instruments — Edtech, Nigeria.

6

deals recorded

1

over 12 months

1.1 M$

median disclosed ticket

11

identified investors

Key findings

  • 6 funding deals recorded (Edtech, Nigeria) since 2019, involving 6 companies and 11 identified investors. 1 of them over the last 12 months (3 the previous year).
  • Median disclosed ticket: 1.1 M$; half of the deals fall between 1.1 M$ and 1.3 M$ (3 amounts disclosed out of 6, 3.6 M$ in total).
  • Most frequent stage: Pre-Seed (50 %); most used instrument: Equity (67 %).
  • Most active investors: Business Finland (1), HoaQ (1), Ingressive Capital (1).
  • 50 % of deals are syndicated (at least two investors around the table).

Industries

  • E-learning and online courses6

Stages

  • Pre-Seed3
  • Debt1
  • Seed1

Instruments

  • Equity4
  • Senior debt1
  • Grant1

Deals per year

YearDealsDisclosed amounts
202442.1 M$
202611.5 M$

Most active investors

Latest deals

CompanyDateDisclosed amountsLead
CodarE-learning and online courses · Nigeria · DebtJul 20261.5 M$KWE4 AFRICA Venture Studiosource
LingawaE-learning and online courses · Nigeria · Pre-SeedNov 20241.1 M$Voltron Capitalsource
DexudeE-learning and online courses · NigeriaOct 2024undisclosedBusiness Finlandsource
TespireE-learning and online courses · Nigeria · Pre-SeedSept 2024undisclosedundisclosedsource
KlasE-learning and online courses · Nigeria · Pre-SeedFeb 20241 M$Ingressive Capitalsource
uLessonE-learning and online courses · Nigeria · SeedJan 2019undisclosedTLcom Capitalsource
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See also

Method: published funding deals (press releases, specialised media), recorded by Invest Matching's news monitoring and reviewed before integration. Amounts in US dollars; deals without a disclosed amount count in the totals, not in the medians.