Diligence memo · auto-generated · as of July 2, 2026
Edukoya
Edukoya looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Edukoya operates in Edtech, based in Africa. Nigerian online learning platform Edukoya has raised US$3.5 million in a pre-seed funding round led by Target Global, which it will use to transition from beta to live launch and build its team and customer base.
Sub-sector tags: edtech.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Edukoya has raised $3.5M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $3.5M on 2021-12-15.
Most recent recorded round closed around 2021-12-15.
Valuation (modeled)modeled
Provath models Edukoya at approximately $43M (range $2.1M–$313M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 4.29× the median modeled value of Pre-Seed Edtech companies in 2019–2021 (24 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 4.5 yr ago; this sector typically re-raises about every 15 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 66% of Edtech peers (262 compared).
Modeled value ranks above 74% of those peers.
Closest niche peers: Freedom Learning Group, Inc., Valley Technical Academy, LLC, Alegra Learning, Inc., Marco Learning LLC, FLS Academy LLC.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.