Startup News

Nigerian edtech start-up, Gradely secures Microtraction’s Investment

Gradely - cfamedia

Microtraction a Lagos-based early-stage investor has recently invested in Gradely, a Nigerian edtech start-up.

This was announced by Microtraction in a blog post sometime last week.

The edtech start-up was founded in August 2019 by four young individuals, Femi Ibiwoye, Boye Oshinaga, Babatunde Caleb and Seyi Adelaju.

The start-up was part of the platforms unveiled at Facebook Accelerator 2019.

Gradely uses analytics and data-driven recommendations to aid schools & parents to quickly identify gaps in their children’s learning.

Sometimes in March 2020, Microtarction had announced that it has increased its investment on startups from $15 000 per deal to $25 000 and simultaneously reducing its percentage on equity.

Microtraction noted in a statement on the blog post that up to a million secondary students in Nigeria fail the English Language and Mathematics in Secondary School Leaving Certificate (SSCE) annually.

“Unfortunately, the current educational model means that parents and teachers do not know how poorly a student is doing until the end of the term when it’s too late to make any meaningful impact in closing that knowledge gap.

“They are also unable to target specific problem areas, help the student work through these difficulties, and measure progress in real-time,” Microtraction stressed.

Gradely’s role here is to provide a learning platform that schools and parents can easily adapt to as it will also recommend ways to bridge the learning gap.

According to Microtraction, the deployment of personalised assignment including assessment taken by students, the edtech startup is able to recommend products and services.

Through this platform, parents and teachers can assign tests to students for practice, hence they can get feedback on their performance.

According to Microtraction, 69 schools are making use of Gradely to digitise their students’ assignment, while the edtech start-up also gathered over 4000 Mathematics practice questions with not less than 80 video lessons for SSCE and International General Certificate of Secondary Education (IGCSE)

“Gradely’s laser focus on getting intelligible insights from the student’s work is what truly differentiates them and underscores their desire to make an impact in the collective growth and educational journey of each student in Sub-Saharan Africa,” Microtraction added.

Featured Image: Gradely Co-founders