Abwaab, a Jordan-based EdTech startup announced that it has raised $5.1 million in an ongoing Seed round. Several investors participated in the round including BECO Capital, 4DX Ventures, EQ2 Ventures, GSV Ventures, Foundation Ventures, and Spartech Ventures.
With the success of this round, Abwaab has now raised $7.5 million in total. The company says it will use the new capital to expand into new markets across the Middle East, starting with Egypt.
Abwaab started its journey in 2019 as an educational platform offering remote learning services to the country’s Arabic-speaking secondary school students. Its focus is on letting students learn at their own pace using more than 50,000 video lessons from expert teachers.
As of today, the company is in the process of improving its technology so it can track individual student’s progress more efficiently.
“Our region is home to over 100 million students,” said 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 riper for education disruption than ours, and the entire Abwaab team has set sail to take this challenge head-on.”