Jeddah, Saudi Arabia – December 2, 2024:
Aanaab, the leading digital professional development platform for teachers, has successfully raised $7 million in its Series A funding round, led by Dallah Investment Holding. This milestone investment highlights Aanaab’s growing impact on the education technology sector in the Arab region.
Founded in 2019 by Dr. Munira Jamjoom, Naila Al-Khalawi, and Fouad Al-Farhan, Aanaab has rapidly established itself as a pioneer in enhancing teachers’ skills through cutting-edge digital solutions. The platform boasts over 200,000 users across more than 10 Arab countries and offers an extensive range of accredited courses to elevate teaching standards and methodologies.
Driving Growth Through Partnerships and Innovation
Aanaab has become a trusted partner for professional training among numerous governmental and semi-governmental organizations in the region. Its early success attracted support from prominent investors, including Wamda Capital, Noor Nouf for Knowledge, and the U.S.-based educational technology investor Rethink.
The $7 million funding injection will fuel Aanaab’s ambitious expansion plans. The company aims to broaden its operations, diversify its training programs to cater to new sectors, and enhance its technological infrastructure with artificial intelligence to deliver a more interactive and user-friendly experience.
Commitment to Vision 2030
Commenting on the funding, Dr. Munira Jamjoom, CEO of Aanaab, stated:
“As we expand our efforts, we aim to build essential skills in strategic sectors that drive economic growth and prosperity. This aligns with Saudi Arabia’s Vision 2030, as we prepare the workforce to meet its evolving human capital needs. We are delighted to welcome Dallah Investment Holding as our partner, reaffirming our commitment to empowering teachers in the Arab region.”
Transforming Education with Strategic Investments
Mr. Tariq Khoshhal, CEO of Dallah Investment Holding, emphasized the importance of the partnership:
“This investment comes at a time when the education sector is undergoing a global digital transformation. As institutions increasingly turn to online platforms and AI-driven learning experiences, the need for comprehensive professional development tools for teachers has never been greater. Aanaab’s innovative approach aligns with our vision of investing in projects that drive social change and elevate education and training standards.”
About Dallah Investment Holding
Dallah Investment Holding, a closed joint-stock company based in Jeddah, is a diversified investment firm managing multi-billion-dollar assets locally and globally. Its strategic focus includes public equities, local direct investments, and alternative assets, with a mission to achieve sustainable growth and create long-term value for stakeholders.
With this latest funding round, Aanaab is poised to cement its position as a leader in digital education solutions, driving meaningful impact across the region while contributing to the broader goals of educational advancement and economic transformation.
