Saudi EdTech Leader Aanaab Raises $7M, Eyes Regional Expansion

Munira Jamjoom, Aanaab CEO

Aanaab, the leading digital professional development platform for teachers, has successfully completed its Series A funding round, securing $7 million from Dallah Investment Holding. This investment underscores Aanaab’s significant role in driving growth and impact within the education technology sector in the region.

Founded in 2019 by Dr. Munira Jamjoom, Naila Al-Khalawi, and Fouad Al-Farhan, Aanaab has quickly established itself as a leading provider of digital solutions in educational technology, effectively enhancing teachers' skills with over 200,000 users across more than 10 Arab countries.

The platform offers a comprehensive range of accredited courses designed to elevate teaching standards and methodologies. With a steadfast commitment to quality and innovation, Aanaab has become the preferred partner for professional training for numerous governmental and semi-governmental organisations in the region. The company has also actively pursued major partnerships to strengthen its presence in existing markets and expand into new ones. Its early stage has attracted support and from prominent investors, including the regional investment platform "Wamda Capital," "Noor Nouf" for knowledge, and "Rethink," a U.S.-based investment arm specialising in educational technology, among others.

The latest funding round, led by Dallah Investment Holding, will significantly enhance Aanaab’s vision, enabling the company to expand its operations and broaden the range of training programs offered to new sectors. Additionally, it will upgrade its technological infrastructure through artificial intelligence to enhance interactivity and improve the user experience.

In a statement, Dr. Munira Jamjoom, CEO of Aanaab, said, "As we expand our efforts, we aim to build essential skills in strategic sectors that drive economic growth and prosperity, with a focus on contributing to Saudi Arabia's Vision 2030 by preparing the workforce to meet its evolving human capital needs."

She added, "In this context, we are pleased to welcome Dallah Investment Holding as our partner, which sends a strong message of support for our role in empowering teachers in the Arab region."

For his part, Mr. Tariq Khoshhal, CEO of Dallah Investment Holding, stated, "This partnership comes at a time when the education sector is experiencing a digital transformation globally. As educational institutions increasingly turn to online platforms and AI-driven learning experiences, the demand for comprehensive professional development tools for teachers continues to grow. Therefore, we are keen to invest in Aanaab, which is at the forefront of embracing digital transformation in education. Its innovative approach aligns with our vision of investing in projects that drive social change and elevate education and training standards."

It is worth noting that Dallah Investment Holding is a closed joint stock company based in Jeddah, Saudi Arabia. As a diversified investment firm, it manages multi-billion-dollar assets both locally and globally. Our investment strategy focuses on public equities, local direct investments, and alternative assets, enhancing our ability to achieve sustainable growth and create value for our stakeholders.

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