---
title: "Why Quizac shut down"
description: "Quizac, a Nigerian gamified edtech app that reached over 12,000 learners, shut down in August 2024 after struggling to monetize its individual-learner audience and failing to secure funding, and was acquired by Tekedia Capital about a week later."
canonical_url: "https://liners.com/graveyard/quizac"
markdown_url: "https://liners.com/graveyard/quizac.md"
type: "graveyard"
language: "en"
image: "/graveyard/quizac/certificate.png"
published_at: "2026-07-31T17:41:07.836Z"
updated_at: "2026-07-31T17:41:07.836Z"
---

# Why Quizac shut down

Quizac, a Nigerian gamified edtech app that reached over 12,000 learners, shut down in August 2024 after struggling to monetize its individual-learner audience and failing to secure funding, and was acquired by Tekedia Capital about a week later.

## Breadcrumbs

- [Graveyard](/graveyard)
- [Quizac](/graveyard/quizac)

## Summary

Here lies Quizac. It turned studying into a game for more than 12,000 learners across many subjects. Individual players never paid enough to win, and the funding to chase profitable corporate clients never came. Tekedia Capital claimed the high score a week later.

Quizac, a Nigerian gamified edtech app that reached over 12,000 learners, shut down in August 2024 after struggling to monetize its individual-learner audience and failing to secure funding, and was acquired by Tekedia Capital about a week later.

## Product history

| Field | Value |
| --- | --- |
| Fate | AcquiredDiscontinued |
| Primary cause | BusinessModel |
| Stage at shutdown | Bootstrapped |
| Lifespan in days | 2039 |

## Autopsy report

## What the product attempted

A gamified edtech app helping learners study different subjects through game-based content built by a contributor network, later expanding into corporate training in 2021.

## What worked

Attracted over 12,000 learners at its peak; expanded into corporate training clients in 2021, which the company found more profitable than individual learners; reportedly turned down a $250,000 funding offer earlier in its life.

## Early warning signs

Persistent difficulty monetizing its core individual-learner audience despite user growth; unable to secure follow-on funding to scale.

## What happened

Founded in 2019 by Tade Samson, Tobi Awogbemi, Hussein Alayo, and Babatunde Caleb, Quizac built a learner base of over 12,000 but could not turn that into sustainable revenue from individual users; after determining corporate clients were more profitable but failing to raise funding to pursue that pivot at scale, the company announced its shutdown in August 2024, and Tekedia Capital acquired it about a week later, on August 22, 2024.

## Sources

- [This startup turned down $250k, and now it's shutting down](https://techpoint.africa/2024/08/22/tekedia-capital-acquire-quizac/?ref=startupgraveyard.africa): Techpoint Africa

## Related pages

- [Quizac alternatives](/quizac/alternatives)
- [Liners Graveyard](/graveyard)

## Access and citation

- [Canonical HTML page](https://liners.com/graveyard/quizac)
- [Markdown route index](/sitemap.md)
- [Agent access guide](/llms.txt)