Edves, a Nigerian Edtech business, has raised an additional $575k in a seed funding round, to help schools get online
Beta Venture led the financing round, which was oversubscribed. Other investors include Launch Africa, Chinook Capital (follow on), and Future Africa. Dimeji Falana and Dare Adebayo established Edves, founded in 2016, a cloud-based school management software platform. It provides a comprehensive collection of services that help schools handle report cards, fees, digital learning, a student enrolling, and other aspects of their operations. This new fundraising round, according to the announcement, would help it to strengthen its products by allowing the launching of new offers to address new customer needs in the Nigerian market, as well as key areas in other African markets. Parents can also use the portal to check on their children’s or wards’ details and pay fees. These statistics can be obtained via SMS, email, an app, or the website itself because not all parents are computer savvy.