PrepClass

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.

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

Headquarters

HQ city

Lagos

HQ country

Nigeria

HQ region

Africa

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D, Others

Revenue model

1. 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.
2. 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).
3. 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.
4. 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

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core 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

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct 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

• Xx.com/prepclassng
• Facebookfacebook.com/prepclass.com.ng
• LinkedInng.linkedin.com/company/prepclass-com-ng
• Instagraminstagram.com/prepclassng

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds7 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PrepClass