About uLesson
uLesson is a company based in Lekki (Nigeria) founded in 2019.. uLesson has raised $25.6 million across 4 funding rounds from investors including Tencent, Nielsen and Owl Ventures. uLesson operates in a competitive market with competitors including Abwaab, BYJU'S, Vidyakul, Toppr and Zenius, among others.
- Headquarter Lekki, Nigeria
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$25.6 M (USD)
in 4 rounds
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Latest Funding Round
$15 M (USD), Series B
Dec 09, 2021
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Investors
Tencent
& 5 more
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Employee Count
Employee Count
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Funding Insights of uLesson
uLesson has successfully raised a total of $25.6M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in December 2021. 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 B — $15.0M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series B - uLesson | Valuation |
investors |
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| Jan, 2021 | Amount | Series A - uLesson | Valuation | Owl Ventures | |
| Nov, 2019 | Amount | Seed - uLesson | Valuation | TLcom |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in uLesson
uLesson has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Tencent, Nielsen and Owl Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments in edtech companies are made by Owl Ventures.
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Founded Year | Domain | Location | |
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Tech & offline focused early & growth stage VC firm investing in Europe, Asia & the US
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Founded Year | Domain | Location | |
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Venture capital firm focused on tech sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by uLesson
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - uLesson
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ulesson Comparisons
Competitors of uLesson
uLesson 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 Abwaab, BYJU'S, Vidyakul, Toppr and Zenius, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
School curriculum is tutored online through videos, quizzes, and forums.
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| domain | founded_year | HQ Location |
Online learning programs for K-12 education are delivered.
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| domain | founded_year | HQ Location |
Online learning solutions for board exams are offered to students.
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| domain | founded_year | HQ Location |
Mobile and SaaS-based platform providing e-learning and test preparation platform for students
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| domain | founded_year | HQ Location |
App-based courses for school subjects are delivered via mobile platforms.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ulesson
Frequently Asked Questions about uLesson
When was uLesson founded?
uLesson was founded in 2019.
Where is uLesson located?
uLesson is headquartered in Lekki, Nigeria. It is registered at Lekki, Lagos, Nigeria.
Is uLesson a funded company?
uLesson is a funded company, having raised a total of $25.6M across 4 funding rounds to date. The company's 1st funding round was a Seed of $3.1M, raised on Apr 01, 2019.
What does uLesson do?
uLesson was founded in 2019 in Lekki, Nigeria, as an edtech company. An online platform is operated to deliver adaptive and interactive courses for school students. Subjects covered include mathematics, chemistry, physics, and others. The service focuses on structured learning experiences tailored to educational needs in the region. Operations are centered on digital accessibility for users across various locations.
Who are the top competitors of uLesson?
Who are uLesson's investors?
uLesson has 6 investors. Key investors include Tencent, Nielsen, Owl Ventures, TLcom Capital Partners, and Founder Collective.
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