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Home edtech

Teesas, a Nigerian edtech startup, has raised $1.6 million in a pre-seed round

Tech Gist Africa by Tech Gist Africa
12/29/2021
in edtech, Education, Edutech, News - West Africa, Startups, Venture Capital
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Teesas, an EdTech startup, has raised $1.6 million in a pre-seed round to help overcome the educational divide through technology.

Haresh Aswani of the Tolaram Group led the investment round, which included Olivegreen Advisory Partners, an African-focused Venture Studio, and other angel investors.

Teesas, which was founded in 2021, claims to be dedicated to providing e-learning platforms that deliver curriculum-aligned educational content via online and mobile apps.

Teesas’ founder and CEO, Osayi Izedonmwen, stated that the company plans to expand its content to include the complete K-6 curriculum, expand throughout Africa, establish a tutor marketplace, and grow its personnel.

“I’ve always wanted to use technology to improve education, and I’m certain that digital learning is the most effective way to close Africa’s educational gap and improve teaching methods,” Izedonmwen stated.

“We are ecstatic to have received this money so soon after launching Teesas.” The fact that the money came from investors who know what it takes to succeed in Africa and have funded or launched fast-growing firms on the continent is encouraging,” he added.

“We believe in Osayi and the Teesas team’s goal and are certain that they are best qualified to solve the challenge of using technology to provide access to quality education across Africa,” said Haresh Aswani, managing director of the Tolaram Group.

Izedonmwen stated that the funds would be used to promote and offer educational content to children aged 2 to 12 years old via web and mobile apps.

 

Read more on Tech Gist Africa:

Tugende, a Ugandan asset finance company, has closed a $17 million debt investment round

Planet42, a South African car subscription startup, has raised $30 million in funding

Paylend, a Kenyan fintech startup, has raised $2 million in a seed round

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