Almentor.net, a fast-growing video e-learning platform in MENA, has confirmed that it raised $6.5 million in a Series-B round led by Partech. Other VC firms to have participated in the round include Egypt Ventures, Sawari Ventures, and Sango Capital.
With the success of this round, the total capital raised by Almentor currently stands at a sizable $14.5 million.
The startup launched in 2016 to pioneer the then-underserved market of online learning content in Arabic. To date, Almentor has offered more than two million successful learning experiences while simultaneously signing 80+ enterprise partnerships throughout MENA.
The platform is known for providing exclusive training courses alongside mentorship by noted experts across various disciplines. The content offered are fine tuned to uplift the learners both professionally and personally.
The company’s CEO and co-founder, Dr. Ihab Fikry, recently commented:
“ We are now leading the continuous video learning industry in the Arab region, and we have a responsibility that goes beyond our ambitions for Almentor Company.”
He added, “Our responsibility now is to work unceasingly to improve the industry as a whole in the Arab region, and this can only be achieved through gaining the confidence of the Arab learners in the value, professionalism and impartiality of the content provided by the platform, and working in line with the global learning trends.”
