Jordanian edtech startup Abwaab just raised a $5.1 million in its Seed funding round from 4DX Ventures, BECO Capital, EQ2 Ventures, Foundation Ventures, Spartech Ventures, and GSV Ventures, one the early VCs to invest in both Masterclass and Coursera. With its Pre-Seed round last year, this brings Abwaab’s total funds raised to $7.5M.
Founded in 2019, Abwaab is an online learning platform that allows secondary school students across the region to learn at their own pace, test themselves and get ahead with expert tutors anytime and anywhere.
Since the startup launched its products in Jordan, Abwaab has been laser-focused on product and content development. It has produced over 50 thousand video lessons and questions and currently serves hundreds of thousands of unique students. To support its plans for scalability, tech development has also been in high gear and numerous features have been built that revolutionize the way students assess their knowledge and track their progress throughout their journey, the startup states.
“Our region is home to over 100 million students,” says Hamdi Tabbaa, co-founder and CEO of Abwaab. “To unleash their full potential, we are empowering the upcoming generation with education. There is no region more ripe for education disruption than ours, and the entire Abwaab team has set sail to take this challenge head-on.”
With eyes set on new markets, the Jordanian-based edtech startup plans on using this funding to fuel its regional expansion, kicking off with Egypt first which is home to 21 million students.
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