Nairobi-based ed tech start-up Kidato has raised $1.4 million in a seed funding round from Learn Start Capital, Launch Africa Ventures Fund, Graph Ventures, Century Oak Capital, and an Ivy League university endowment fund along, with participation from angel investors, Ventureburn has reported.
Launched last year, Kidato offers live online academic and after-school classes for children aged four to 18.
In a statement Kidato said: “We are also very honoured to have some of our students’ parents join as investors as well. Their faith and belief in our mission are truly humbling. Kidato current seed financing will be ploughed into growth and product development. We are looking to work with the best tutors and academias to help shape the future of education in Africa.”
The company added: “Kidato is built around the idea that learning is a lifetime experience, therefore it should not be boring but fun and rewarding, just like watching YouTube videos, or playing MineCraft and Roblox. Drawing from our understanding about how these platforms work and how kids learn from them, we have built-in behaviour reward mechanisms such as lesson merits into our teaching methods resulting in interesting and enjoyable virtual classes.
“The demand for online education has grown from the convergence of a fast-growing middle class and high internet penetration with enabling infrastructure services such as Zoom that has seen easier adoption of remote work. Additionally, cutting out commute time in highly congested cities is a welcome relief for parents as it means being able to spend more time with their children, plus reduce geographic constraints since they can now work and study from anywhere.”
Date published: 5 May 2021