ⓘ Image credits: Wamda
▸ Aanaab caters to individual teachers, schools, and organisations to help them develop personal & professional skills through online lectures, meetings, reading materials, discussion boards and exercises
▸ With the latest investment, the company is aiming to expand into new markets
Jeddah, Saudi Arabia-based edtech startup Aanaab on Tuesday raised $1.5 million in a seed funding for expansion in new markets. The funding round was led by Wamda Capital and Nour Nouf Knowledge Company with participation from a few angel investors investing in the education sector.
Commenting on the investment round, Naila AlKhalawi the co-founder & COO of Aanaab said
“Aanaab is looking to develop initiatives similar to global models such as the Singaporean model, which encourages teachers to get 100 hours of professional development annually. This keeps them up to date with the latest developments in their field and improves their classroom practices through professional learning communities,’’
Fadi Ghandour, executive chairman of Wamda, affirming his confidence in Aanaab’s idea and vision said…
“We have confidence in the impact Aanaab’s founders will have on the educational technology (edtech) sector’s future growth,’”
“Aanaab is building an innovative platform that focuses on teachers’ qualifications, which is at the core of improving knowledge acquisition in schools in Saudi Arabia and the region.”
Founded in 2016 by Mounira Jamjoom, Aanaab is an online education platform that specialises in the professional development of Arab teachers, educators, schools and organisations to help them develop personal and professional skills through online reading material, lectures, discussion boards, and evaluation exercises.
Aanaab – In numbers
The edtech startup has worked with various government and non-government organisations on national projects that trained over 1500 educators across KSA. The company on its platform claims to have enrolled over 37,000 teachers from the Arab World. The completion rate of courses on the platform has reached 28 percent, which is twice the average of the global rate of similar education platforms.