uLesson - About the company
uLesson is a series B company based in Lekki (Nigeria), founded in 2019 by Sim Shagaya. It operates as a Provider of online learning platform for school students. uLesson has raised $25.6M in funding from investors like Founder Collective, Owl Ventures and TLcom. The company has 2309 active competitors, including 70 funded and 40 that have exited. Its top competitors include companies like Abwaab, Shikho and Toppr.
Company Details
uLesson is an educational technology company that provides an online learning platform for school students. It provides adaptive and interactive courses for students on various subjects like maths, chemistry, physics, and more.
- Website
- ulesson.com
- Social
- Email ID
- *****@ulesson.com
Key Metrics
Founded Year
2019
Location
Lekki, Nigeria
Stage
Series B
Total Funding
$25.6M in 4 rounds
Latest Funding Round
Investors
Ranked
9th among 2309 active competitors
Employee Count
186 as on Sep 30, 2026
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uLesson's funding and investors
uLesson has raised a total funding of $25.6M over 4 rounds. Its first funding round was on Apr 2019. Its latest funding round was a Series B round on Dec 09, 2021 for $*****. 5 investors participated in its latest round. uLesson has 10 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of uLesson:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 09, 2021 | 2929312 | Series B | 2116182 | 5656630 | 1315715 | 1748936 |
Jan 12, 2021 | 6746084 | Series A | 3213831 | 8387571 | 3642308 | |
Nov 26, 2019 | 8458297 | Seed | 1154296 | 4001050 | 9534971 |
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uLesson's founders and board of directors
Founder? Claim ProfileThe founders of uLesson is Sim Shagaya.
Here are the details of uLesson's key team members:
- Sim Shagaya: Founder & CEO of uLesson and founder of 2 other companies, Konga.com and Konga.
uLesson's Board of Directors
uLesson's board has 1 active member. Lars Fjeldsoe-Nielsen is part of team.Here is the list of uLesson's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Investor | Current | - |
View details of uLesson's Founder profiles and Board Members
uLesson's employee count trend
uLesson has 186 employees as of Sep 26. Here is uLesson's employee count trend over the years:
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uLesson's Competitors and alternates
Top competitors of uLesson include Abwaab, Shikho and Toppr. Here is the list of Top 10 competitors of uLesson, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online tutoring platform for school curriculum | $27.5M | 75/100 | ||
2nd |  Shikho 2019, Dhaka (Bangladesh), Series A | Provider of digital learning resources for academic and admission preparation | $8M | 75/100 | |
3rd | Developer of personalized online learning and test preparation solutions | $116M | 71/100 | ||
4th | Provider of app-based courses for school education | $60M | 71/100 | ||
5th |  Khan Academy 2008, Mountain View (United States), Funding Raised | Online learning platform | - | 70/100 | |
6th | AI-based learning platform | $52M | 68/100 | ||
7th | Online platform offering learning solutions to crack board exams | $2.76M | 64/100 | ||
8th | Descomplica 2011, Rio de Janeiro (Brazil), Series E | Provider of online learning platform for students | $115M | 64/100 | |
9th | Provider of online learning platform for school students | $25.6M | 60/100 | ||
10th | Learning management system for teachers and students | $10M | 57/100 |
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uLesson's Investments and acquisitions
uLesson has made no investments or acquisitions yet.
Reports related to uLesson
Here is the latest report on uLesson's sector:
News related to uLesson
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TLcom Capital, supported by the IFC, raises $154 million for seed and Series A startups in AfricaTechgist Africa•Apr 24, 2024•TLcom, FBNQuest, Lusha, AllianzGI and 10 others
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Okra, uLesson granted tax exemptions for $120.95 million investment in 2023Techpoint.Africa•Apr 04, 2024•uLesson
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Sim Shagaya enters venture capital space with “The Honey Badger Fund”Techpoint.Africa•Apr 02, 2024•uLesson
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Edtech startup uLesson secures license to launch online universityAfrica Business Communities•May 24, 2023•uLesson, Miva University
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African edtech startup uLesson raises $15M, backed by Nielsen Ventures and TencentTechCrunch+•Dec 09, 2021•uLesson, Tencent, Nielsen, Owl Ventures and 2 others
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Edtech startup uLesson $7.5m Series A round for African expansionAfrica Business Communities•Jan 21, 2021•uLesson, Owl Ventures, TLcom, LocalGlobe and 1 other
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African edtech startup uLesson lands a $7.5 million Series ATechCrunch+•Jan 21, 2021•uLesson, Owl Ventures, LocalGlobe, TLcom and 1 other
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Nigerian Edtech Startup, Ulesson Secures Funding From Founder CollectiveInnovation-village•Apr 21, 2020•uLesson, Founder Collective
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Nigerian Edtech Startup uLesson Raises $3.1 Million to Bridge Learning Gaps Across African ContinentEdTechReview•Nov 26, 2019•uLesson, TLcom
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