Nigerian digital media and information company, Stears has raised $600,000 in a seed round with three investors, an article titled Challenging Mis-Information In Nigeria published by Luminate, one of the three investors in the round has revealed.
Stears who launched four years ago and has led the way as an authoritative voice on Nigeria’s governance and economy through Stears Business, its publishing arm that dives into business analysis and insight through its network of journalists. Its biggest project thus far has been 2019 launched Stears Election Center that provided Nigeria’s first-ever internet-based election-results tracking tool.
With this new funding, Stears will double down on the work it has done over the past few years through its publishing arm and continue to expand its teams and carry out more data collection and analysis under Stears Data, its data collection, research, and data access services arm which works to make information more accessible and available.
According to technology blogger, Dada Ben, Stears Data shall be launching a new platform named CoreData. It is expected to help to provide economic and demographic data across Nigeria.