– Saudi-based educational technology platform HAD secures a significant $5 million pre-seed investment round, led by Dar Al Majed Investment, marking a crucial milestone in its growth trajectory.

– HAD sets its sights on establishing a dedicated business studio focused on nurturing educational technology ventures, leveraging the investment to fuel its expansion and innovation efforts.

– With successful projects like the Teach Me Arabic application and Arabic Dictionary, HAD diversifies its offerings with new products such as the Arabic Academy and Teach Me Hajj, positioning itself as a leader in the evolving landscape of e-learning.

Saudi-based educational technology platform HAD has secured a significant milestone with the closure of its $5 million pre-seed investment round, spearheaded by Dar Al Majed Investment.

The investment marks a pivotal moment for HAD as it sets its sights on establishing a dedicated business studio focused on nurturing educational technology ventures.

Since its inception in 2020, HAD has garnered success with notable projects such as the Teach Me Arabic application, Arabic Dictionary, and Arabic on the Air. 

Building on this momentum, the company is actively diversifying its offerings with the development of new products, including the Arabic Academy and Teach Me Hajj.

Recent market research reveals that the global e-learning market reached around $15 billion in revenue in 2021, with projections indicating a steady compound annual growth rate of 6.5 percent from 2021 to 2028.

A significant aspect of Saudi Vision 2030 is the prioritization of education sustainability, emphasizing the creation of comprehensive frameworks for adaptable learning. In line with this vision, Saudi edtech startups like HAD play a crucial role in actualizing these ambitious educational objectives.