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  1. Mubasher News
  2. Edtech platform AlGooru raises $4mn pre-series A round

Edtech platform AlGooru raises $4mn pre-series A round

NOHA.GAD
Dec 9, 2024
Saudi edtech platform AlGooru raised $4 million in a pre-series A round that included a mix of debt and equity financing

Riyadh - Sharikat Mubasher: The Saudi-based education technology (edtech) platform AlGooru successfully secured $4 million in a pre-series A round led by Constructor Capital, with participation from Hub71 and several angel investors and family offices.  

This investment, which included a mix of debt and equity financing, will help AlGooru expand its operations in the Kingdom, develop AI-powered technologies, and enter new sectors by forging strategic partnerships by 2025, the company announced in a press release.

The platform targets driving regional growth and reshaping the private tutoring landscape in Saudi Arabia and beyond.

Muhanad AlJaser, Co-founder of AlGooru, stated that the funding will enable the company to expand its partnerships to support students at all levels and help them build a robust academic foundation.

He affirmed AlGooru’s commitment to redefining the way students in Saudi Arabia access high-quality education by connecting them with qualified tutors easily.

AlGooru’s mission is to easily match-make students and tutors, creating a community of dedicated professionals and enthusiastic learners to benefit from shared experiences. To date, it has recruited more than 450 vetted private tutors, covering more than 210 academic and non-academic teaching subjects.

Tags

Saudi Arabia
AlGooru
Edtech
Investment
Private tutoring
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