#Africa End of the road for bus-born mobile learning startup Sterio.me

//

African mobile learning startup Sterio.me, which was created during AMPION precursor StartupBus Africa in 2013, has closed down after failing to find a sufficient product-market fit.

Disrupt Africa reported last year on Sterio.me, which was born on the five-day StartupBus hackathon between Harare, Zimbabwe and Cape Town, South Africa the year before last.

The startup aimed to engage learners outside the classroom via mobile to reinforce in-classroom learning. A “sterio” is a pre-recorded interactive lesson delivered via an SMS-triggered inbound voice call to the learner, which is accessible to learners even with feature or basic phones and does not require internet access.

Sterio.me spent some time honing and building its product in Lesotho, with a view to rolling out in other African countries, but has now called it a day.

“Ultimately we couldn’t find product-market fit in a way that not only covered social impact – as many teachers wanted to use our platform – but also covered costs – via telecoms, ministries and other means – within the timelines these deals took to close and the runway we had available,” Sterio.me founder and co-chief executive officer (CEO) Christopher Pruijsen told Disrupt Africa.

“Our approach required more intense partnerships – with less easy market entry – and thus also increased our risk on this front.”

After its launch, Sterio.me was bootstrapped for nine months,but it eventually raised US$40,000 in funding from the Start-Up Chile accelerator as well as EUR15,000 (US$16,000) from the Cheetah Fund, a crowdfunding platform open to African innovators, which is sponsored by the Dutch National Postcode Lottery Fund.

The post End of the road for bus-born mobile learning startup Sterio.me appeared first on Disrupt Africa.

from Disrupt Africa http://ift.tt/1Y4iXg5

Ce contenu a été publié dans #Africa par Startup365. Mettez-le en favori avec son permalien.

A propos Startup365

Chaque jour nous vous présenterons une nouvelle Startup française ! Notre pays regorge de talents et d'entrepreneurs brillants ! Alors partons à la découverte des meilleures startup françaises ! Certaines d'entre elles sont dans une étape essentielle dans la vie d'une startup : la recherche de financement, notamment par le financement participatif (ou crowdfunding en anglais). Alors participez à cette grande aventure en leur faisant une petite donation ! Les startups françaises ont besoin de vous !