Noon-Academy raises $13 million

Noon Academy raises $13M in Pre-B funding, led by STV

Noon Academy Raises $13 Million in Pre-Series B Funding Round

Saudi Noon Academy Raised A Whopping $13M And Gained 3M Users Thanks To COVID-19 

SAUDI-BORN EDTECH STARTUP NOON ACADEMY RAISES $13 MILLION

Saudi edtech Noon Academy raises $13 million led by STV to accelerate its global expansion

Noon Academy, a Saudi-based online learning platform, has raised $13 million in a Pre-B funding round led by STV. The round was oversubscribed, with the initial target being $5 million. The investment will be used to further develop the platform and expand its reach to 50 million students and tutors by 2023. Noon Academy's platform incorporates social and gamification features to create an engaging learning experience. The company has seen significant growth, doubling its user base since the beginning of the COVID-19 outbreak.

Noon Academy Secures $13M to Make Online Learning Fun and Engaging

Noon Academy is the leading and fastest-growing global EdTech platform in MENA. The company's main differentiator lies in its functionality; their platform incorporates social and gamification features that enable users to have an enjoyable, collaborative learning experience with teachers and fellow students through study groups, peer engagement, and contests. This has resulted in its social learning platform achieving 5 times the global industry average of a student's daily engagement.

Noon Academy is the leading and fastest-growing global EdTech platform in MENA.

5 years ago

Noon Academy Secures $13M to Make Online Learning Fun and Engaging

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