ⓘ Featured image: Co-founders of Noon Academy: Aziz Alsaeed (L) and Mohammed Aldhalaan (R)
Riyadh, Saudi Arabia-based edtech startup Noon Academy today announced that the company has raised $13 million in a Pre-Series B round in a wake of COVID-19 crisis during which the whole education paradigm has shifted online. The funding came from STV which as an existing investor and led the Series A round of $8.6 Noon Academy last year.
Noon Academy was founded in 2013 by Mohammed Aldhalaan and Abdulaziz Alsaeed. The company in a statement revealed that it has accumulated another 3 million students on its platform since the Coronavirus outbreak – doubling its registered uses.
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Mohammed Aldhalaan, CEO of Noon Academy said,
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“We’re aiming to bring together 50m students and tutors from around the world by 2023,”
The company serves the students across Saudi Arabia, Egypt, India and Pakistan, and plans to open a hub in London.
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