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Text

Maureen Klein is a host of exceptional ability. 

All Investment Summaries
Zeraki Analytics

Zeraki uses technology to help schools grade, analyze academic performance, and generate reports.

Region: East Africa

Sector: Education

Facebook: @ZerakiApp

Instagram: @zerakiapp

Twitter: @ZerakiApp

www.analytics.zeraki.co.ke

The Challenge

Education systems in Africa have made strides in improving access, but inefficient and manual processes hinder progress. In Kenya, several significant barriers to quality education have been identified. Teachers and school administrators spend valuable time on administrative tasks instead of teaching and providing insightful performance metrics. Parents have limited visibility into their child's education and few options for supplemental education. Students in public schools face challenges with personalized learning, teacher absenteeism, and outdated curricula, putting them at a disadvantage compared to their peers in private schools. These issues highlight the need for innovative solutions that leverage technology to streamline administrative tasks, improve financial management, and provide personalized education to students.

The Innovation

Zeraki has developed a three-pronged strategy to tackle education challenges in Kenya. Firstly, they offer mobile-first, cloud-based enterprise solutions to improve school administration efficiency while reducing costs. Secondly, they provide tools for students, parents, and teachers, such as tutoring apps and e-learning resources to achieve educational goals. Finally, they aim to create a B2C and B2B education marketplace to provide convenient access to educational resources and supplies for parents and schools. Zeraki's goal is to create a comprehensive educational ecosystem that allows for interaction between students, parents, and teachers, ultimately improving the quality of education.

Investment

Acumen invested in Zeraki due to their demonstrated ability to leverage technology to address challenges in Kenya's public-school education system, potentially impacting millions of low-income students and parents. Zeraki has achieved success by selling directly to public schools, creating Africa's most equitable EdTech platform. The potential to expand their core product, Zeraki Analytics, into other markets and create new products like Zeraki Learning and Zeraki Finance, adds to the appeal of the investment. Acumen's investment in Zeraki will support product development initiatives for both new and existing products, as well as enable Zeraki to expand into new African markets. 

Deal and Operational Metrics

$1M preferred equity

1 Board seat

Anticipated Milestones

+  Continue to scale in Kenya, expanding usage of all Zeraki products (Analytics, Finance and Learning) ideally targeting 50-70% of all schools in Kenya solutions.

+  Expand into regional markets with little traction for intuitive school management software such as Uganda, Tanzania and West Africa.

Impact

Poverty Focus

47% of customers living below the poverty line.

Breadth

2.1K+ schools, 51K+ teachers and 1M+ schools across Zeraki’s network of schools.

Depth

85% of the users surveyed reported a change in students’ performance. 98% of the users of Zeraki Analytics reported a change in parental engagement. 70% of the users surveyed reported hours of admin tasks have decreased significantly. 

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