Adviz, a Nigerian Adtech company that serves African K-12 schools through digitizing and administration, raised 57 575,000 in its seed funding round led by Beta Ventures, with the participation of Launch Africa Ventures, Chinook Capital and Future Africa.
With the latest funding, Advice plans to release new offers to fuel product improvements, meet the needs of new customers in the Nigerian market and other major segments of the African market.
Advice is an educational portal that automates operations in schools and colleges until admissions and transcripts are generated. The platform minimizes allowing teachers and administrators to use AI algorithms to track their attendance and plan class lessons. The company is active in nearly 800 schools in Nigeria, Ghana and Zimbabwe and plans to expand further.
Founded in 2016 by Dimeji Falna, Edge offers an integrated management platform for schools. This allows clients to manage the overall operational activity of the school. The platform enables customers to manage student learning systems, student admissions, fee payment, student performance, and more.
Speaking about the fundraiser, Dimeji Falna, CEO and co-founder of Advice, said,
“The fund will drive product improvements, launch new offers to meet the needs of new customers in the Nigerian market and other major segments of the African market.
The startup has been embraced by top, middle and small schools in Nigeria, serving 29,000 teachers, 96,000 parents and 232,000 students in three African markets. Recently, the startup partnered with MTN Nigeria PLC to ensure zero-rate data consumption for every student, parent and teacher on the platform.
Zachariah George, Managing Partner, Launch Africa Ventures, said,
“About 60% of Africa’s population, 1.4 billion people under the age of 25, need digital education and learning, and it doesn’t have to be good. Schools across the continent need easy-to-use, safe learning. Management software that covers all school needs, including We need to capture data, do paperwork and improve every area of school work. With its proprietary technology, presence in 3 countries and almost 800 organizations already in Nigeria, we are very confident that the Advance team’s ability to tackle this huge opportunity. “
AdWords was the most widely used indigenous adtech platform for K-12 schools in Nigeria to learn continuity and term exams between March to September 2020 between the Kovid-19 epidemic and the school lockdown.
In 2018, Advase acquired ची 120,000 worth of seeds from two Nigerian investors, Chinook Capital and Co-Creation Hub (CCHB) Innovation Fund Growth Capital.
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