African edtech startup uLesson bags $15M in a Series B funding round
The company began in 2019, offers K-12 pupils a product pack of SD cards and dongles with pre-recorded videos. The company also has the option of streaming classes or downloading and storing content on SD cards. The company also introduced a one-to-many live class functionality, with polls and leaderboards, as well as a one-to-one live experience for DevKids, an independent coding class. Edtech startup recently announced that it has raised $15 million in a Series B funding round. The latest funding round was headed by Tencent, Nielsen Ventures. uLesson is working to integrate the functionality, which began as a test in teaching youngsters how to code and eventually accounted for 30% of the company’s revenue, onto the uLesson platform by January of next year. These attributes indicate that uLesson has entered the online home tutoring industry, a market where most African edtech businesses have struggled despite a clear demand.