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
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Sectors
TechnologyEducation
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Email
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Phone
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Website
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Social
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- Legal Name Edves Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.59 M (USD)
in 4 rounds
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Latest Funding Round
$1.4 M (USD), Series A
Nov 11, 2023
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Investors
Beta.Ventures
& 4 more
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Employee Count
Employee Count
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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.
Platform for managing school administration and learning activities
Provides practice questions from major examination bodies
Supports virtual schools and online education delivery
Delivers bite-sized content via SMS for easy access
People of Edves
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $1.4M
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First Round
First Round
(05 Nov 2018)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2023 | Amount | Series A - Edves | Valuation |
investors |
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| Sep, 2021 | Amount | Seed - Edves | Valuation | Beta.Ventures | |
| Oct, 2020 | Amount | Seed - Edves | Valuation |
investors |
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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.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Venture capital fund focused on tech companies
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Founded Year | Domain | Location | |
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Chinook Capital is engaged in startup investment and acceleration.
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Founded Year | Domain | Location |
Investments & Acquisitions by Edves
Financial Statements - Edves
Edves Comparisons
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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based software for K-12 education is provided.
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| domain | founded_year | HQ Location |
Online platform for preschool management and parent updates is offered.
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| domain | founded_year | HQ Location |
LMS and CRM solutions are provided for educational institutions.
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| domain | founded_year | HQ Location |
School devices and student activities are monitored via AI platform.
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| domain | founded_year | HQ Location |
Integrated edtech systems are provided for K-12 schools.
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| domain | founded_year | HQ Location |
SaaS-based platform offering management solutions for schools
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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. The company's 1st funding round was a Seed of $500K, raised on Nov 05, 2018.
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.