almentor Raises $10M in Series C Funding

almentor, a Dubai, UAE-based provider of an online video learning platform in Arabic, raised $10M in Series C funding.

The round was led by e& capital, Partech, Sawari Ventures, Egypt Ventures, Sango Capital and Endure Capital. 

The company intends to use the funds to increase its investment in the B2C segment and to expand in Saudi Arabia.

Led by CEO Dr. Ihab Fikry and COO and Mr. Ibrahim Kamel, almentor is a provider of an online video learning platform in Arabic. Since 2016, the company has worked with more than 950 mentors to create over 1,000 online courses for individuals, corporations, and government entities. The start-up recently launched its monthly & annual subscription plans where learners get unlimited access to a library of over 700 courses on topics as diverse as health, humanities, technology, entrepreneurship, business management, lifestyle, drama, sports, corporate communication, and digital media.

The company targets a market of more than 400 million Arabic speakers with underserved educational needs.

The team also includes Sonia Lekhal (Chief Customer Officer), Adel Khalil (Chief Technology Officer), Sally Metwally (Chief Business Development Officer), Tharwat Ibrahim (Chief Finance Officer), and Ahmed Faysal (Chief Content Production Officer).