PrepClass
PrepClass is a Nigerian EdTech operating a tutor marketplace of 50,000+ vetted tutors, three Lagos-based Academy centers, and a B2B knowledge process outsourcing unit, serving K-12 learners, standardized test candidates, and education institutions.
- Company typePrivate
- Founded2014
- HeadquartersLagos, Nigeria
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What PrepClass does
PrepClass Nigeria Limited is an indigenous Nigerian EdTech company founded in 2014 by Obanor Chukwuwezam and Olumide Ogunlana, headquartered in Yaba, Lagos with operations in Abuja. The company's core product is a Tutor Marketplace — branded as the 'Uber for tutoring in Africa' — that connects learners with a database of 50,000+ vetted, background-checked tutors for home tutoring, online 1-on-1 sessions, and group classes across K-12 subjects, languages, and standardized test preparation (IELTS, TOEFL, SAT, GMAT, GRE, JAMB).
The platform architecture combines a web-based marketplace (prepclass.com.ng) with the Prep-Test Android app for JAMB preparation. A dynamic Tutor Price Calculator sets per-class prices by subject, location, group size, and tutor experience tier (Starter/Lite/Premium), and a tutor matching system routes learners to tutors based on subject expertise and location. PrepClass also operates Prepclass Academy, three physical learning centers in Lagos (Lekki, Yaba, Ikeja) for group exam prep, and Prepclass Business, a B2B knowledge process outsourcing unit offering white-label e-tutoring, content and quiz development, hand scoring, and teacher training to schools, universities, edtech companies, and government agencies globally.
Revenue is generated across four streams: marketplace commissions (15-30% of tutor fees, scaling with tutor tenure), physical Academy class fees (e.g., N50,000 for IELTS/SAT, N100,000 for GRE/GMAT), recurring online class subscriptions (N12,000/month group, N30,000/month comprehensive), and B2B professional services for international KPO clients. Ancillary programs — the Scout Partnership referral program (20% commission), the Learner Tutor Upliftment social initiative, and the Think Big For Your Kids community campaign — support tutor supply, brand reach, and ecosystem buildout. The company reports 30,000+ lifetime students served, 200,000+ cumulative tutoring hours, and N150 million+ paid out to tutors since inception.
PrepClass firmographics
Firmographics- Name
- PrepClass
- Legal name
- PrepClass Nigeria Limited
- Website
- https://prepclass.com.ng
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- PrepClass is a Nigerian EdTech operating a tutor marketplace of 50,000+ vetted tutors, three Lagos-based Academy centers, and a B2B knowledge process outsourcing unit, serving K-12 learners, standardized test candidates, and education institutions.
- Ownership category
- akta.pro rank
Where PrepClass is headquartered
LocationHeadquarters
- HQ city
- Lagos
- HQ country
- Nigeria
- HQ region
- Africa
Offices4 records
Markets served
PrepClass business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Technology or R&D, Others
Revenue model
- Home Tutoring Services: Commission-based model where PrepClass connects learners with home tutors. Charges per number of classes and hours. Collects fees from clients and pays tutors net of 15%-30% commission depending on tutor tenure. First-time tutors receive 70% commission, increasing to 80%-85% based on performance.
- Academy In-Person Classes: Physical learning centers in Lekki, Yaba, and Ikeja offering group exam prep classes. Revenue from enrollment fees for IELTS (N50,000), SAT (N50,000), GRE/GMAT verbal and quant (N100,000), Checkpoint (N2,000/hour), IGCSE (N2,500/hour), Common Entrance (N1,500/hour).
- Online Group Classes: Virtual group tutoring sessions. Group online classes N12,000 per learner, comprehensive online classes N30,000 per learner, covering Mathematics, English, and Science for Primary 3 to SS3 students.
- Business Process Outsourcing: Knowledge process outsourcing services including white-label e-tutoring, subject matter expert supply, hand scoring, content and quiz development, and teacher training for B2B clients (schools, companies, government agencies).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Monthly | Starter Package - Entry-level tutors (0-2 years experience) |
| Unit Pricing | Monthly | Lite Package - Mid-level tutors (3-5 years experience) |
| Unit Pricing | Monthly | Premium Package - Expert tutors (5+ years experience) |
| Subscription | Monthly | Group Online Classes - N12,000/month |
| Subscription | Monthly | Comprehensive Online Classes - N30,000/month |
| One time/ perpetual license | Pay-as-you-go | IELTS Training - N50,000 |
| Subscription | Monthly | GRE Classes - N45,000/month |
| One time/ perpetual license | Pay-as-you-go | IELTS Exam Fees - N75,000 Standard, N92,800 UKVI, N69,600 Life Skills |
| Unit Pricing | Monthly | Home Tutoring - Starting from N25,200/month |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels6 records
PrepClass product offering
Product offeringCore offering
PrepClass operates an online tutor marketplace that aggregates over 50,000 vetted, background-checked tutors and connects them with learners across Nigeria for home-based and online one-on-one and group tutoring covering K-12 subjects, languages, and standardized exams. The offering is supplemented by three PrepClass Academy physical learning centers in Lagos delivering in-person group exam prep (IELTS, GMAT, GRE, SAT, TOEFL, Checkpoint, IGCSE, Common Entrance), a JAMB-prep Prep-Test Android application, and a separate B2B knowledge process outsourcing unit (PrepClass Business) providing white-label e-tutoring, content development, hand scoring, and teacher training to schools, universities, and government agencies.
Product overview
PrepClass is an indigenous Nigerian EdTech company founded in 2014 that operates a multi-product tutoring ecosystem. The core offering is the Tutor Marketplace, an online platform connecting learners with over 50,000 vetted home tutors across Nigeria. This is complemented by Prepclass Academy with 3 physical learning centers in Lagos offering standardized test prep (IELTS, GMAT, GRE, SAT, TOEFL). The company also operates the Prepclass Business B2B unit providing white label e-tutoring and content development services, the Prep-Test mobile app for JAMB preparation, and social initiatives including the Think Big For Your Kids program and Learner Tutor Upliftment initiative. Services are delivered through both online (1-on-1 and group) and offline (physical home) tutoring modes.
Differentiator
Problem solved
Functional benefit
Brands
- Prepclass Business: B2B knowledge process outsourcing unit offering white label e-tutoring, content development, hand scoring, and teacher training services to education companies and government agencies
- Learner Tutor Upliftment (LTU)
- Think Big For Your Kids Initiative
- Scout Partnership Program
- Prep-Test App
Products and services
- Tutor Marketplace Online marketplace (dubbed the "Uber for tutoring in Africa") where learners and parents hire vetted home tutors from a database of 50,000+ verified tutors, with PrepClass handling tutor matching, vetting, payments, progress reports, and dispute resolution across K-12 subjects, languages, and specialized skills.
- PrepClass Academy Physical learning centers in Lekki, Yaba, and Ikeja (Lagos) offering group in-person and online exam preparation classes for IELTS, GMAT, GRE, SAT, TOEFL, Checkpoint, IGCSE, and Common Entrance, plus diagnostic tests at N5,000 (physical) or free (online).
- Online Group Classes Virtual group tutoring sessions conducted online covering Mathematics, English, and Science for Primary 3 through SS3 students, with monthly subscriptions, materials included, and classes running three times per week for 1.5 hours per session.
- Prep-Test App Mobile application on Google Play Store for JAMB exam preparation that lets tutors upload study materials in text, image, and audio-visual formats and lets learners download and study locally appropriate Nigerian curriculum content.
- PrepClass Business B2B knowledge process outsourcing unit providing white-label e-tutoring platforms, subject matter expert supply, hand scoring of assessments, content and quiz development, and teacher training services for schools, universities, education technology companies, and government agencies globally across Nigeria, USA, UK, Indonesia, and India.
Quantifiable outcome
- 75%-80% increase in learning performance within 3 months of engaging tutors
- +3 more outcomes
Companies that use PrepClass
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles3 records
PrepClass technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
PrepClass partnerships and signals
Strategic signalScale indicators8 records
Recent moves6 records
Expansion highlights6 records
PrepClass competitors and assessment
Company assessmentDirect peers
- Wyzant: Wyzant is a US online tutor marketplace connecting learners with private tutors across academic subjects and test prep. It is structurally analogous to PrepClass's marketplace - vetted tutor pool, commission economics, 1-on-1 online and in-person delivery.
- Preply: Preply is a global online tutoring marketplace focused heavily on language tutoring and exam prep (IELTS, TOEFL). It mirrors PrepClass's Tutor Marketplace model and exam-prep offerings (IELTS, TOEFL), serving a similar B2C use case across geographies.
- PrepScholar: PrepScholar is a US-focused online standardized test prep provider (SAT, ACT, GRE, GMAT) with adaptive learning technology. It competes with PrepClass Academy's SAT/GRE/GMAT prep classes at the global test-prep category level.
- Tuteria: Tuteria is Nigeria's other major on-demand home tutoring marketplace, connecting learners with vetted tutors across subjects. It directly competes with PrepClass's Tutor Marketplace offering in the same Nigerian consumer segment with the same commission-based model.
- uLesson: uLesson is a leading Nigerian EdTech company offering video-based learning and test preparation for JAMB, WAEC, and other standardized exams. It overlaps with PrepClass on exam prep (particularly JAMB via Prep-Test app) and K-12 academic content for Nigerian students.
- Varsity Tutors: Varsity Tutors is a US-based on-demand tutoring and test prep marketplace with a vetted tutor pool and online 1-on-1/group sessions. It is a global benchmark for the model PrepClass operates, though at much larger scale and geographic reach.
Broad incumbents
- Chegg: Chegg is a US-listed broad EdTech incumbent offering textbook rentals, tutoring, and test prep. It overlaps with PrepClass on the test prep (SAT/AP/GRE) and online tutoring categories through Chegg Study and Chegg Tutors.
- Khan Academy: Khan Academy is the dominant free global EdTech platform providing video lessons, practice exercises, and standardized test prep (SAT, MCAT). It competes with PrepClass at the free supplementary content layer, displacing demand that PrepClass monetizes.
Emerging players
- Cambly: Cambly is an online marketplace connecting English language learners with native English-speaking tutors. It overlaps with PrepClass on the language tutoring and IELTS/TOEFL use cases for African consumers seeking overseas study.
Regional players
- uDream Africa / PrepMe-style regional players: Various emerging African test prep and tutoring platforms. Comparable emerging competitors in test prep and tutor marketplaces across other African markets that could overlap with PrepClass's pan-African expansion ambitions.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
PrepClass social profiles
Digital presencePrepClass financial estimates
Financial estimateRevenue estimate
Valuation estimate
PrepClass leadership team
Management profileNumber of profiles
Profiles2 records
PrepClass subsidiaries and ownership
Company hierarchySubsidiaries1 record
PrepClass funding detail
Funding detailFunding overview
Funding rounds7 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PrepClass M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PrepClass
What does PrepClass do?
PrepClass operates an online tutor marketplace that aggregates over 50,000 vetted, background-checked tutors and connects them with learners across Nigeria for home-based and online one-on-one and group tutoring covering K-12 subjects, languages, and standardized exams. The offering is supplemented by three PrepClass Academy physical learning centers in Lagos delivering in-person group exam prep (IELTS, GMAT, GRE, SAT, TOEFL, Checkpoint, IGCSE, Common Entrance), a JAMB-prep Prep-Test Android application, and a separate B2B knowledge process outsourcing unit (PrepClass Business) providing white-label e-tutoring, content development, hand scoring, and teacher training to schools, universities, and government agencies.
Is PrepClass a public or private company?
PrepClass is a private company. It is classified as venture growth investor backed and is currently operating.
When was PrepClass founded?
PrepClass was founded in 2014. It employs 51 to 100 people.
Where is PrepClass based?
PrepClass is headquartered in Lagos, Nigeria, in the Africa region.
How does PrepClass make money?
Four revenue lines are on record. Home Tutoring Services are the primary driver. The others are academy In-Person Classes, online Group Classes and business Process Outsourcing.
Who are PrepClass's main competitors?
Direct peers on record are Wyzant, Preply, PrepScholar, Tuteria, uLesson and Varsity Tutors. Broad incumbents are Chegg and Khan Academy. Cambly is listed as an emerging player. uDream Africa / PrepMe-style regional players is listed as a regional player.
Does PrepClass have an API?
No public API is recorded for PrepClass.