A $4 million Series A fundraising round, led by AK Holding and included Al-Wazzan Educational Group, Rasameel Investment House, and other investors, has been secured by Baims, a prominent edtech firm in the MENA area.
The organization works in Saudi Arabia, Kuwait, Jordan, Bahrain, and Turkey with the goal of giving university and high school students in the MENA area access to inexpensive education regardless of their financial situation or history.
Top teachers are featured on the Baims platform, which also offers a variety of educational services and content, including video lectures, live sessions, chat rooms, and interactive activities. Students can access resources anytime, anywhere, and on their own schedule thanks to the user-friendly interface, which allows them to learn at their own pace.
Baims intends to use the money from this Series A fundraising round to expand its marketing initiatives, speed up the creation of its revolutionary platform, and provide fresh instructional materials and services.
Baims is positioned to have a huge impact on the future of education in MENA thanks to its creative approach to teaching and dedication to student empowerment.