Funding Rounds

Aanaab Secures $7 Million in Series A Funding Led by Dallah Investment

Aanaab, the leading digital professional development platform for teachers, has announced the completion of a $7 million Series A funding round led by Dallah Investment. This strategic funding aims to strengthen Aanaab’s role in advancing digital education and enhancing teacher skills across the Arab region.

Aanaab’s Journey: Empowering Educators Since 2019

Founded in 2019 by Dr. Mounira Jamjoom, Naela Al-Khalawi, and Fouad Alfarhan, Aanaab has grown rapidly to serve over 200,000 teachers across more than 10 Arab countries. The platform offers certified training programs designed to improve teaching standards and professional performance.

Known for its innovative and high-quality courses, Aanaab has become a trusted partner for government and private entities across the region, supporting their professional development goals.

Funding Objectives

The new funding will support Aanaab’s vision by:

  • Expanding operations in existing and new markets.
  • Developing new training programs to cater to diverse sectors.
  • Enhancing technological infrastructure with AI-powered tools to improve user experience and engagement.

Leadership Comments

Dr. Mounira Jamjoom, CEO of Aanaab, stated:
“As we scale our efforts, we focus on building essential skills in strategic sectors that drive economic growth and prosperity. Our mission aligns with Saudi Vision 2030 by preparing the national workforce to meet its evolving human capital needs.”

She added:
“We are excited to welcome Dallah Investment as our partner, reflecting our commitment to empowering teachers and supporting digital education in the Arab region.”

Tarik Khoja, CEO of Dallah Investment, commented:
“The education sector is undergoing a global digital transformation. With the increasing demand for professional development tools for teachers, our investment in Aanaab is a strategic step aligned with our vision to support impactful projects that drive social change and elevate education and training standards.”

Dallah Investment: A Strategic Partner

Based in Jeddah, Dallah  Investment manages billions of dollars in assets locally and internationally. The firm’s strategy focuses on public equities, local direct investments, and alternative assets, aiming for sustainable growth and value creation for shareholders.

Aanaab: Prominent Partnerships and Investments

Aanaab has attracted support from prominent investors, including:

  • Wamda Capital.
  • Rethink Education, an American education technology investment arm.
  • Noor Nawaf Knowledge Fund.

In May, Aanaab secured investment from Rethink Education to support its expansion and innovative programs.

Future Outlook: Advancing Digital Education

With financial backing and a clear strategic direction, Aanaab plans to strengthen its position in the education technology sector by:

  • Targeting new sectors: Expanding training programs to meet diverse professional needs in line with market developments.
  • Leveraging AI: Developing innovative tools to enhance user experience, offering more personalized and effective solutions for teachers.
  • Expanding regional and international partnerships: Collaborating with governments and educational institutions to broaden its reach within and beyond the region.

Aanaab and Saudi Vision 2030

Aanaab’s efforts to enhance digital education align with Saudi Vision 2030, which focuses on developing human capital and improving teacher efficiency to support a knowledge-based and innovative economy in the Kingdom and beyond.

A Clear Message for the Education Sector

This funding round marks a pivotal step in solidifying Aanaab’s position as a leader in digital transformation within the education sector in the Arab world. The platform is committed to equipping teachers to meet the challenges of the digital age, achieving higher levels of efficiency and professionalism.

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