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Quizac
Gamified learning app.
- Category:
- Edtech
- Country:
- Nigeria
- Founded:
- 2019
- Cause of Failure:
- Insufficient funding, monetization challenges
- Outcome:
- Acquired
- Shut Down in:
- August 2024
- Founders:
- Tade Samson, Tobi Awogbemi, Hussein Alayo, Babatunde Caleb
- Number of Founders:
- 4
- Number of Employees:
- 1-10
- Funding Amount:
- Unknown
- Last Funding Round:
- Unknown
- Notable Investors:
- Tekedia Capital
About Quizac
Quizac was an Edtech application that helps learners to learn different subjects in form of games. The platform attracted over 12,000 learners at its height.
What went wrong?
The startup struggled to monetize it's core audience. The startup failed to secure funding to scale its operations. Quizac has since been acquired by Tekedia Capital, a week after the shutdown announcement. However, the startup's website is not functional.
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