Edves

Lagos, Nigeria Founded: 2015 • Age: 11 yrs
School operations are automated via an integrated management platform.
Annual revenue - Latest available
Total funding $2.6M 4 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Edves

Edves is a company based in Lagos (Nigeria) founded in 2015 by Dare Adebayo and Dimeji Falana. Edves has raised $2.59 million across 4 funding rounds from investors including Beta.Ventures, Launch Africa and Chinook Capital. Edves offers products and services including EDVES Portal, PQ By EDVES, PL By EDVES, and EDVES Keypoint. Edves operates in a competitive market with competitors including PowerSchool, Brightwheel, Anthology, GoGuardian and LEAD School, among others.

  • Headquarter Lagos, Nigeria
  • Founders Dare Adebayo, Dimeji Falana
  • Sectors
    Technology
    Education
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Edves Inc.
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Education → Education Technology (EdTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.59 M (USD)

    in 4 rounds

  • Latest Funding Round
    $1.4 M (USD), Series A

    Nov 11, 2023

  • Investors
  • Employee Count
    Not available
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Products & Services of Edves

Edves offers a comprehensive portfolio of products and services, including EDVES Portal, PQ By EDVES, PL By EDVES, and EDVES Keypoint.

Product name locked
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Primary

Platform for managing school administration and learning activities

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Provides practice questions from major examination bodies

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Supports virtual schools and online education delivery

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Delivers bite-sized content via SMS for easy access

People of Edves

Headcount 10-50
Employee Profiles 10
Employee Profiles
People
Nnenna Okore
Director Of Learning
People
Nnena Okore
Director, Learning
People
Dimeji Falana
Ceo/cofounder
People
Kolade Orilowo
Head, Product

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Funding Insights of Edves

Edves has successfully raised a total of $2.59M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $1.4 million completed in November 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Edves

Edves has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Beta.Ventures, Launch Africa and Chinook Capital.

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Venture Fund
Investor Description Founded Year Domain Location
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Venture capital fund focused on tech companies
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Chinook Capital is engaged in startup investment and acceleration.
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Investor details for Edves

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  • Investor domains
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Investments & Acquisitions by Edves

Investments
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Investment portfolio details for Edves

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  • Transaction dates
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Financial Statements - Edves

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Detailed financials for Edves

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  • Profit trends
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Edves Comparisons

Edves Primary company
Description
School operations are automated via an integrated management...
Location
Lagos, Nigeria
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Edves

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Competitors of Edves

Edves operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PowerSchool, Brightwheel, Anthology, GoGuardian and LEAD School, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based software for K-12 education is provided.
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Online platform for preschool management and parent updates is offered.
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LMS and CRM solutions are provided for educational institutions.
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School devices and student activities are monitored via AI platform.
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Integrated edtech systems are provided for K-12 schools.
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SaaS-based platform offering management solutions for schools
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Detailed competitors of Edves

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Latest news on Edves

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Complete news archive for Edves

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Frequently Asked Questions about Edves

Edves was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Edves is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.

Dimeji Falana is the current CEO of Edves. They have also founded this company.

Edves is a funded company, having raised a total of $2.59M across 4 funding rounds to date.

Edves was founded in 2015 in Lagos, Nigeria, as an integrated management platform for K-12 schools. Operational activities are streamlined through automation of processes such as pupil registration, class management, attendance tracking, and result computation. The platform supports overall school administration in the education sector, with services focused on enhancing efficiency for educational institutions across Nigeria.

Edves's top competitors include PowerSchool, Brightwheel and LEAD School.

Edves offers EDVES Portal, PQ By EDVES, PL By EDVES, and EDVES Keypoint.

Edves has 5 investors. Key investors include Beta.Ventures, Launch Africa, Chinook Capital, Future Africa, and Growth Capital Fund.

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