Baims, the leading edtech startup in Saudi Arabia, Kuwait, Jordan, Bahrain, and Turkey, has successfully raised $4 million in its Series A funding round led by AK Holding and the participation of Al-Wazzan Educational Group, Rasameel Investment House and other investors.
Kuwaiti startup plans to utilize the latest funding to accelerate the development of its innovative platform, increase its marketing efforts, and develop new educational content and services. With its innovative approach to education and its commitment to empowering students, Baims is poised to impact the future of education in MENA significantly.
Commenting on the fundraising, Co-founder & CEO of Baims, Yousef Al-Husaini, said:
We are thrilled to have the support of our investors, who share our vision of providing accessible and affordable education to students across Baims is short for Big Aims. It was chosen because it is characteristic of young people, especially university students, who have their whole life and possibilities ahead of them and big future goals.
Co-founded by Bader Al-Rasheed and Yousef Alhusaini in 2017, Baims aims to provide accessible and affordable education to university and high school students across MENA, regardless of their background or financial situation. The platform allows top instructors to teach and students to study anytime and anywhere at a fraction of today’s cost, making high-quality education accessible to everyone. It offers various educational content and services, including tailored video lectures, live sessions, chat groups, and interactive exercises. With an intuitive and user-friendly interface, students can access these materials anytime and anywhere, making it easy to learn at their own pace and on their schedule.
Abdullateef Al-Thuwaini from AK Holding added:
We are proud to lead the Series A investment round supporting Baims. We have followed its noticeable growth over the years and are confident it can grow even more to become the leading EdTech company in the MENA region soon. Baims stands out, and its impact on students is clear with its wide array of online courses. We trust the CEO’s vision and leadership to bring the company to bigger success. AK Holding Company values hard-working entrepreneurs such as Yousef Al-Husaini and his team. We will continue to support projects that bring added value to society.
Baims plans to use the funds from this Series A funding round to accelerate the development of its innovative platform, increase its marketing efforts, and develop new educational content and services. With its innovative approach to education and its commitment to empowering students, Baims is poised to make a significant impact on the future of education in MENA.
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