# Ubongo

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

- Industry: Education/Training
- Headquarters: Dar es Salaam, Tanzania
- Website: www.ubongo.org
- Total disclosed funding: $0.1M
- Latest round: Seed (Jan 16, 2015)
- Investors on record: 2

## About

Founded in 2013, Ubongo is a Tanzanian company that develops educational content for children in Africa, fostering learning through engaging animated series and multimedia platforms.Ubongo was founded in 2013 in Dar es Salaam, Tanzania, specializing in educational content for children. Nisha Ligon is the founder, and the company is led by CEO Mwasi Wilmore. Ubongo has successfully raised USD 27.8 mn in a GRANT from LEGO A/S in December 2022, bringing the total amount raised to USD 0.08 mn. The company has been involved in 4 deals to date, with the last deal occurring on December 8, 2022.Ubongo Learning specializes in developing and distributing educational content primarily for children in Africa. Their offerings include localized animated series like "Akili and Me," aimed at preschoolers and teaching essential skills in various domains. For older children, "Ubongo Kids" provides stories and songs focusing on STEM education and life skills. These products are accessible through television, radio, and mobile devices, reaching millions across Africa.Ubongo Learning generated revenue of USD 123,143 in 2019, with an EBITDA of USD 543,013 for the same year. Their revenue model includes partnerships with broadcast networks and educational institutions, leveraging their edutainment content to create financial impact through licensing agreements and collaborations with NGOs and government initiatives.Ubongo plans to utilize the recent funding of USD 27.8 mn to expand its educational offerings and reach more children across Africa. The company is focusing on the development of new products and expanding into additional markets within the continent. Specific regions targeted for expansion include East and Southern Africa, with initiatives expected to roll out in the coming years.

## Funding rounds

- Seed, Jan 16, 2015, $0.1M — Village Capital, Pearson Ventures

## Investors

- Village Capital (https://capitalatlas.ai/funds/village-capital) — Seed
- Pearson Ventures (https://capitalatlas.ai/funds/pearson-ventures) — Seed