Kouncel raised $1.2m in pre-seed funding

Kouncel raised $1.2m in pre-seed funding

Kouncel raises $1.2m in its latest funding round, the funding round was led by Zaldi Capital for investment, an Investment Bank focused on SMEs and Assets Management, African Development Bank (AfDB), The Academy for Scientific Research and Technology (ASRT) and Tanmia wa Tatweer, Egypt’s Entrepreneurship Development Project.

250k EUR of the funding will be disbursed in banknotes, while the remaining amount will be provided in-kind as services

Kouncel is an online legal education platform to bring modern learning to lawyers and enterprises in the MENA Region through providing them with a unique educational experience based on their different jurisdictions.

“Education forms a key part of Egyptian’s Economic Vision 2030, and Law plays an important role in creating a healthy environment for businesses and pushes FDIs forward. and we aim to provide a highly sophisticated education experience to everyone in the legal field which will positively impact the ecosystem,” Ibrahim Saleh, Founder and CEO of Kouncel, said.

The platform has a wide range of course’s categories such as Arbitration, Legal Drafting, Corporate Law, Intellectual Property, Banking and Non-Banking law, law for Startups, etc. which consist of weekly learning sequences. Each learning sequence is composed of short videos interspersed with interactive learning exercises, where students can immediately practice the concepts from the videos.

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