Snapplify, a South African e-learning startup, raised $2 million to expand its activity and enter new markets, on the continent and beyond. The money was mobilized from Knife Capital, a South African investment fund dedicated to innovative projects, and investment fund Hlayisani Growth Fund.

“We are excited to have Knife Capital and Hlayisani on board to enable this vision, particularly because in addition to financial backing, we also need expert guidance from an aligned shareholder base to expand more aggressively into new markets in our next growth phase,” Snapplify’s MD, Wesley Lynch, said.

Founded in 2012, Snapplify is backed by the venture capital firm AngelHub Ventures and a consortium of international investors. The startup now has over 200,000 users with more than 2.6 million downloads of e-books. Apart from South Africa, Snapplify operates in Kenya, the Netherlands, and the USA.

Chamberline Moko