With the acquisition of $7 million from Dallah Investment Holding, Aanaab, the top digital platform for teacher professional development, has successfully concluded its Series A funding round. This investment demonstrates how important Aanaab is to the expansion and influence of the region’s education technology industry.
With over 200,000 users in more than ten Arab countries, Aanaab, which was founded in 2019 by Dr. Munira Jamjoom, Naila Al-Khalawi, and Fouad Al-Farhan, has rapidly become a prominent supplier of digital solutions in educational technology, successfully boosting teachers’ abilities.
A wide variety of accredited courses aimed at improving teaching methods and standards are available on the platform. Many governmental and semi-governmental organizations in the area now choose Aanaab as their professional training partner due to its unwavering dedication to quality and innovation. Additionally, the business has aggressively sought significant alliances to fortify its position in current markets and penetrate new ones. Prominent investors, such as the regional investment platform “Wamda Capital,” “Noor Nouf” for knowledge, and “Rethink,” a U.S.-based investment arm that specializes in educational technology, have supported it in its early stages.
Aanaab’s vision will be greatly enhanced by the most recent funding round, which is led by Dallah Investment Holding. This will allow the company to expand its operations and increase the variety of training programs it offers to new sectors. In order to improve user experience and increase interactivity, it will also use artificial intelligence to upgrade its technological infrastructure.
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.”
Notably, Dallah Investment Holding is a closed joint stock company with its headquarters located in Jeddah, Saudi Arabia. It is a multifaceted investment company that oversees multibillion-dollar assets both domestically and internationally. Public stocks, local direct investments, and alternative assets are the main focuses of our investment strategy, which improves our capacity to generate value for our stakeholders and attain sustainable growth.
