Noon Academy – Saudi’s edtech platform raised $13 Mn funding

โ“˜ Featured image: Co-founders of Noon Academy: Aziz Alsaeed (L) and Mohammed Aldhalaan (R)

LAFFAZ Media

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.

Cutting-edge solutions to help businesses streamline their operations and increase efficiency.
โ“˜ Advertisement

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.

Mohammed Aldhalaan, CEO of Noon Academy said,

โ€œWeโ€™re aiming to bring together 50m students and tutors from around the world by 2023,โ€

The company serves the students across Saudi Arabia, Egypt, India and Pakistan, and plans to open a hub in London.

Wajiha Wahab
Wajiha Wahab

Part of the editorial team at LAFFAZ, Delhiite by birth, Wajiha possesses a keen interest in reading about startups, accumulating information and presenting the same to the audience impressively.
Connect: LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *