Koa Academy, an online school that combines online learning and the flexibility of home-schooling for grades 4 – 12, in South Africa has bagged R4 million investment from Enygma Ventures.
“The education sector has been in need of an overhaul for a long time and the Covid-19 pandemic further highlighted this need for innovative solutions in the space” said Sarah Dusek, Co-founder and Managing Partner for Enygma Ventures.
“The Koa team brings with them years of experience in education, combined with an innovative and exciting approach to tackle this challenge.”
Koa was launched in October 2020 with a vision to create a personalised, truly flexible online school that is highly engaging thanks to its small classes called ‘Pods’ which host no more than 8 children to a teacher.
The business was launched from the Startup Circles accelerator program where they received pre-seed funding. This new seed investment will see the team grow their offering up to Grade 12 and expand beyond the borders of South Africa.
Lauren Anderson, Co-founder of Koa, stated “We are delighted to receive this investment from Enygma Ventures which will enable us to reach even more families with access to an outstanding and innovative education which prepares our children for tomorrow.” Mark Anderson, Co-founder of Koa Academy added, “We are excited to be partnered with investors who want to create the sort of learning experience that schools and parents have been longing for – engaging, individualised and learner focused.”