Lagos, Nigeria & Dubai, UAE
Teachly, an education-technology startup participating in FasterCapital’s launchup program, is reporting a series of product, customer and operational milestones as it advances its next growth stage with ongoing support from FasterCapital. The company released a major new platform and is deepening school partnerships while refining go-to-market execution.
With ongoing support from FasterCapital through launchup, Teachly is focused on product rollout, strengthening school engagements, and execution priorities tied to scaling user experience and revenue channels.
What the Startup Delivers?
– On 8 February 2026 Teachly launched a redesigned teachly.com.ng featuring core modules: CBT Exam, School Management System, AI Tutor, CogModel, Smart Classroom, Virtual Lab and Teachly TV.
– The platform currently supports 402 active users; Teachly’s tech courses delivered to private schools show customer traction of 745 enrollments and generated approximately N3 million in the most recent quarter.
– Operational partnerships include 15 private schools (with three exits due to circumstances beyond the schools’ control) and a team comprised of nine onsite staff and two remote staff.
Current FasterCapital Support
FasterCapital’s ongoing collaboration is focused on execution and milestone delivery. Current contributions include:
– Milestone planning and prioritization to sequence product and commercial activities
– Execution follow-up and progress tracking tied to launchup objectives
– Fundraising readiness support and pitch refinement where appropriate
– Introductions to relevant ecosystem stakeholders and assistance with market positioning
– Guidance on communications and investor-facing materials as the company advances
Current Execution Priorities
Teachly’s immediate priorities are product stabilization and adoption, expanding school partnerships for the coming term, and improving revenue conversion for its tech courses. The team is also refining the AI Tutor and CogModel features based on early user feedback and preparing Teachly TV and Virtual Lab for broader classroom integration.
Customer validation
Teachly’s course delivery through private schools is providing early commercial validation: 745 course enrollments and roughly N3 million in quarterly revenue for tech courses demonstrate a revenue pathway alongside platform adoption. The company continues to engage additional schools for the next academic term to restore and grow its partner base following several exits for reasons outside Teachly’s control.
Founder background
Founder Tokunbo Adekanla leads product and strategic efforts. Recently recognized with an AI Excellence award at the ANPMP event, Tokunbo’s leadership has guided Teachly through product development cycles and external acceleration programs Teachly was shortlisted among the top 10 startups at the NIGCOMSAT Cohort 2 Accelerator. The team is preparing for the Genius League 2.0 competition on 11 April 2026.
Leadership comment
Hesham Zreik, Founder and CEO of FasterCapital, said: “We’re pleased to continue supporting Teachly through launchup. Our team is focused on current execution priorities, milestone tracking, and connecting the startup with relevant ecosystem stakeholders as it advances.”
About Teachly
Teachly is an education-technology company building integrated digital tools for schools, teachers and learners in Nigeria. Its platform combines exam delivery (CBT), school administration, AI-driven tutoring, classroom tools, virtual labs and educational media. Teachly partners with private schools to deliver tech-focused courses and digital services, and continues to expand product capabilities and school engagements as it scales operations.
About FasterCapital
FasterCapital is a global venture builder and online incubator dedicated to co-funding and co-founding innovative startups. Established in 2014, we are now #1 venture builder in terms of number of startups that we have helped, money invested and money raised. It supports startups worldwide through various programs, including funding assistance, business development, and technical support. The EquityPilot program is designed to help early-stage startups build scalable solutions with mentorship, strategic guidance, and network support.
