New Investments

Nigerian Edtech Startup Klas Secures $1 Million to Empower Aspiring Educators Globally

Nigerian edtech startup Klas has raised $1 million in pre-seed funding to fuel its mission of making online education accessible and empowering content creators worldwide.

The investment round was led by Ingressive Capital, with participation from Techstars, HoaQ Capital, and angel investors.

Founded in 2022 by Nathan Nwachuku and Lekan Adejumo, Klas aims to become the “Shopify for education” by providing a user-friendly platform for individuals to create and sell online courses, ebooks, and live classes.

The platform caters to a diverse range of subjects, including coding, design, finance, art, and languages, and offers essential features like payment processing, scheduling tools, analytics, video conferencing, and community-building functionalities.

With this fresh injection of capital, Klas sets its sights on ambitious goals. The company plans to empower 100,000 virtual schools globally by 2027, with a particular focus on expanding its reach in North America and India, its second-largest user base.

“We want to make it easy for anyone to share their knowledge and expertise with the world,” explains Nwachuku, Klas’ CEO. “Klas empowers aspiring educators and entrepreneurs to build their own online schools and reach a global audience.”

Klas’ journey began in 2021 when Nwachuku partnered with Adejumo, the company’s CTO.

They secured an initial $180,000 angel round and officially launched the platform the following year. Subsequently, Klas gained entry into the prestigious Techstars accelerator program, further validating its potential.

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