Edukoya
Online K-12 Learning
- Category:
- Edtech
- Country:
- Nigeria
- Founded:
- 2021
- Cause of Failure:
- Macroeconomic conditions, Lack of mass-market adoption
- Outcome:
- Shut down
- Shut Down in:
- February 2025
- Founders:
- Honey Ogundeyi
- Number of Founders:
- 1
- Number of Employees:
- 11-50
- Funding Amount:
- $3.50 M
- Funding Rounds:
- Pre-seed
- Notable Investors:
- Target Global
About Edukoya
Edukoya aimed to transform K-12 education in Africa through digital resources and personalized online tutoring for students and their parents. Honey Ogundeyi, Founder and CEO, drew inspiration from her own educational struggles in Nigeria to address the country's learning challenges.
What went wrong?
Edukoya, a Nigerian edtech startup, has shut down after three years in operation. The company cited macroeconomic conditions, market readiness, and lack of mass-market adoption as reasons for its closure. Edukoya plans to return the investment to its investors.
Continue reading
Edukoya shuts down, to return investment after three years in Nigeria's edtech spaceSubscribe to our newsletter
Stay in the Loop
Subscribe to get updates straight to your inbox and stay inspired on your entrepreneurial
journey.
We respect your privacy. No spam, just valuable content