Kidato, an Online class for K-12 students in Africa, has announced that it has closed its US$1.4 Million seed investment. This effort has been backed by Y Combinator, a significant backer of most of the continent’s well-known startups.
Investors who were in this funding round include such firms as Launch Africa Ventures Fund, Graph Ventures, Learn Start Capital, and Century Oak Capital, among other angel investors.
The idea behind Kidato is the brainchild of Kenyan entrepreneur Sam Gichuru, who set it up last year.
The Y Combinator-backed startup says it now has more than 50 students and still growing. This platform currently attracts students from Kenya, Switzerland, Tanzania, UK, the USA and the United Arab Emirates at $ 5 per lesson.
The online learning platform is riding on the fact that most private schools remain shut due to the pandemic, and is thus using its innovations to recruit more teachers and students to its platform.