Craydel has raised $1 million in a pre-seed round led by Enza Capital, a pan-African venture capital firm focused on technology.
BriteGaze, Future of Learning Fund, Bisk Ventures, Tekton Ventures, Chandaria Capital, and LoftyInc Capital Management are among the other investors.
A collection of strategic angel investors, comprising founders and top executives from some of Africa’s most successful SaaS, e-Commerce, and education firms, has joined them.
Manish Sardana, John Nguru, and Shayne Aman Premji founded Craydel in 2021 to help students and working people find, compare, and apply to higher education in Africa and around the world.
“Africa spends an estimated $30 billion each year on higher education. However, the current student experience with higher education is appalling. There is no aggregation of options, and biases and misinformation influence decision-making. “We’re changing the way students in Africa find, compare, and apply to higher education,” said Sardana.
Craydel will use the money to develop its search and recommendation engine, improve its own online career materials and technologies, and reach out to additional students across Africa. Since its inception, the company has partnered with over 90 universities and vocational colleges in Africa and around the world, offering over 3,000 higher education programs.
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