# Edves

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/edves

- Industry: Software
- Headquarters: Lagos, Nigeria
- Website: www.edves.net
- Total disclosed funding: $0.7M
- Latest round: Seed (Jul 31, 2021)
- Investors on record: 6

## About

Edves Limited is a dynamic school management platform that enhances educational experiences through tailored administrative solutions, improving operational efficiency for institutions across various educational levels.Founded in 2016 in Lagos, Nigeria, Edves Limited operates a learning and school management platform. The company has engaged in three investment deals, with its most recent funding occurring on May 17, 2022, during a pre-Series A round where it raised USD 2.5 mn, bringing its total amount raised to USD 2.5 mn. Dimeji Falana serves as the CEO, having co-founded the company with Dare Adebayo.EDVES operates as a comprehensive learning and school management platform designed to cater to the diverse needs of educational institutions, including creches, nurseries, primary, and secondary schools. Its core offerings include a customizable school management system that integrates AI technology to streamline various administrative processes. The platform facilitates features such as student enrollment, attendance tracking, exam scheduling, and the management of student records, enabling teachers and administrators to operate more efficiently. Additionally, EDVES enhances communication channels between parents and schools, allowing for real-time updates on students' academic progress and conduct. The platform has been adopted in multiple geographical markets, focusing on providing solutions that transcend classroom limitations and foster learning beyond traditional educational boundaries.EDVES generates revenue through a subscription-based model that allows schools and educational institutions to access its suite of tools and services. Clients, including school administrators and educators, engage with the platform for functions such as managing daily operations, financial reporting, and communication with parents. The transaction structure typically involves schools subscribing to the platform for access to various features, with potential partnerships also being established with educational bodies and government agencies seeking to enhance learning outcomes. The platform's pricing structure is tailored to meet the needs of different types of institutions, ensuring flexibility for small schools and larger educational organizations alike. While specific pricing details are integral to the subscription model, the focus remains on delivering value through efficient management of school processes and improved educational outcomes.In May 2022, Edves Limited raised USD 2.5 mn in pre-Series A funding from unspecified investors. The company will utilize the funding to continue its expansion efforts in Africa, focusing on bringing its innovative school management solutions to more educational institutions across the continent.

## Funding rounds

- Seed, Jul 31, 2021, $0.6M — Chinook Capital, Future Africa, Launch Africa Ventures, Beta.Ventures
- Seed, Nov 2, 2018, $0.1M — Growth Capital Partners, Chinook Capital Group

## Investors

- Growth Capital Partners — Seed
- Chinook Capital Group (https://capitalatlas.ai/funds/chinook-capital-group) — Seed
- Chinook Capital (https://capitalatlas.ai/funds/chinook-capital) — Seed
- Future Africa — Seed
- Launch Africa Ventures (https://capitalatlas.ai/funds/launch-africa-ventures) — Seed
- Beta.Ventures (https://capitalatlas.ai/funds/beta-ventures) — Seed