# uLesson Education

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ulesson-education

- Industry: Education/Training
- Headquarters: Nigeria
- Website: www.ulesson.com
- Total disclosed funding: $26M
- Latest round: Series B (Dec 9, 2021)
- Investors on record: 6

## About

uLesson Education Limited is an innovative provider of e-learning solutions, focusing on enhancing educational outcomes for students through engaging digital platforms.Founded in 2019 in Nigeria, uLesson Education Limited specializes in delivering educational technology. The company was established by Sim Shagaya, who previously founded other ventures. As of December 9, 2021, uLesson raised USD 15 mn in SERIES B funding from investors including Nielsen, Tencent Investment, and others, bringing the total amount raised to USD 15 mn.uLesson is a comprehensive educational platform that offers innovative solutions for primary, junior secondary, and senior secondary school students. The company provides two main products: the uLesson App for Students, which delivers engaging video lessons and resources across subjects such as Mathematics, English, and Sciences, and the uLesson Classboard for Classrooms, which enhances instruction by offering advanced teaching tools, lesson plans, and assessments, designed to reduce planning workload for teachers.uLesson generates revenue primarily through subscription models for its services. Students can subscribe to the uLesson App for an annual fee of NGN 25,000, with promotional offers available. The Classboard is marketed to educational institutions for bulk purchases, fostering partnerships with schools. Additionally, uLesson has a referral program to expand its user base, with flexible subscription options available, ensuring consistent revenue from both individual learners and institutions.In December 2021, uLesson Education Limited raised USD 15 mn in SERIES B funding to support its expansion. The company plans to utilize this funding to enhance its team and services for its growing learner community across Africa. Future initiatives include the development of new products aimed at improving educational delivery and strategies for entering additional markets within Africa.

## Funding rounds

- Series B, Dec 9, 2021, $15M — TLcom Capital, Nielsen, Tencent Investment, Founder Collective, OWL Ventures
- Series A, Dec 23, 2020, $7.5M — TLcom Capital, Founder Collective, OWL Ventures, LocalGlobe
- Seed, Apr 21, 2020 — Founder Collective
- Seed, Nov 26, 2019, $3.1M — TLcom Capital

## Investors

- TLcom Capital (https://capitalatlas.ai/funds/tlcom-capital) — Seed, Series A, Series B
- Founder Collective (https://capitalatlas.ai/funds/founder-collective) — Seed, Series A, Series B
- OWL Ventures (https://capitalatlas.ai/funds/owl-ventures) — Series A, Series B
- LocalGlobe (https://capitalatlas.ai/funds/localglobe) — Series A
- Nielsen — Series B
- Tencent Investment — Series B