West African EdTech Seed — School Management SaaS, 180 Paying Schools

Requirement

A B2B education SaaS platform serving Nigeria and Ghana is raising a seed round on metrics that are unusual for African edtech: 180 paying schools, 70% gross margin and 140% net revenue retention. That last figure is the one that matters. Net revenue retention above 100% means existing schools are expanding their spend faster than churning schools are leaving — the platform is landing with a core module and growing inside the account, which is the pattern that makes B2B SaaS economics work and the pattern most African edtech never achieves because it sells to schools that cannot pay and expand. The product combines school management (admissions, fees, attendance, reporting) with digital curriculum, which is why the expansion motion exists: administrative software creates the relationship and curriculum content grows the contract value. $1.5M-$3M is sought as a seed round to fund sales expansion across both markets, curriculum content development and the engineering capacity to support a growing installed base. The founding proposition is that school administration is the wedge and curriculum is the margin.