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The Venture Codex

Chinook Capital and Growth Capital

13B Bishop Street, Ilupeju, Lagos, Lagos, 100252, Nigeria

Overview

Chinook Capital is focused on investments in seed- and pre-stage companies in internet software, services, and media sectors.

Total investments
2
Lead investments
1
Investments · 12mo
0
Active investors
1
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Investment portfolio

  • Edves

    Participated · Seed · Sep 2021

    Edves operates a proprietary education platform that digitizes school operations and uses AI to track attendance and plan classroom courses. The company says it is the largest education portal for K-12 users in Africa and was founded in 2016. The platform is operating in almost 800 schools across Nigeria, Ghana, and Zimbabwe and has a presence in three countries. Edves will use the seed funding to enhance existing products and launch new ones to meet growing customer demand. Management frames the product as reducing teacher and administrative labour and improving every area of school operations. The startup plans to continue expanding across other African countries. Edves offers an academic-portal platform that automates school operations — admission processing, one-click result and record generation, and transcript generation. The platform supports cash and cashless payments, includes thousands of e-books, video tutorials, and virtual classrooms. It provides educators with automated workflows and affordable data storage, while parents can track student performance via SMS, email, web and a mobile app. The product targets schools and colleges and requires little or no IT skill to use. According to the article, the service is used by over 340 schools in Nigeria. Earlier in the year the startup won the Transforming Education in Emerging Markets prize at the Seedstars Summit in Switzerland.

Team