# Abwaab Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/abwaab-technologies

- Industry: Education/Training
- Headquarters: Amman, Jordan
- Website: www.abwaab.me
- Total disclosed funding: $25M
- Latest round: Series A (Nov 15, 2021)
- Investors on record: 8

## About

Abwaab Technologies Inc. is a Jordanian company providing a comprehensive educational platform aimed at enhancing academic performance for high school students through interactive learning tools and resources.Founded in 2019 in Amman, Jordan, Abwaab Technologies Inc. offers an educational platform designed to support high school curricula. The company, co-founded by Hamdi Tabbaa, Hussein AlSarabi, and Sabri Hakim, has successfully completed 4 deals, with the latest funding round occurring on November 15, 2021. Abwaab Technologies raised USD 20.00 mn in Series A funding led by BECO Capital, with participation from GSV Ventures, 4DX Ventures, and Watar Partners. This funding round helped the company reach a total amount raised of USD 20.00 mn.Abwaab offers an educational platform, ?????, aimed at enhancing the academic performance of high school students. It features interactive video lessons, quizzes, and resources tailored to national curricula. The platform supports personalized study schedules, allows for customized assessments from a comprehensive question bank, and includes a mentorship program called "Ask a Teacher," allowing students to connect with qualified teachers. Its primary user base consists of high school students in various regions, particularly in Middle Eastern markets.Abwaab generates revenue primarily through a subscription model, which provides users with access to a variety of educational resources and services based on tiered pricing plans. Subscriptions enable students to access premium content, including interactive lessons and personalized study tools, ensuring a direct and engaging experience with the platform, while the pricing structure is designed to enhance educational accessibility.Following the Series A funding round on November 15, 2021, where Abwaab Technologies Inc. raised USD 20.00 mn, the company plans to leverage this capital for expansion initiatives. Specifically, they aim to develop new products designed to enhance the user experience and expand their offerings. Additionally, Abwaab will target growth in new geographic regions, focusing on wider Middle Eastern markets, though specific timelines have not been disclosed. The recent funding will be instrumental in supporting these expansion efforts.

## Funding rounds

- Series A, Nov 15, 2021, $20M — BECO Capital, GSV Ventures, 4DX Ventures, Watar Partners
- Seed, Mar 29, 2021, $5.1M — BECO Capital, GSV Ventures, 4DX Ventures, Foundation Ventures, EQ2 Ventures, Spartech Ventures
- Seed, Aug 1, 2020 — GSV Ventures, Dunce Capital

## Investors

- GSV Ventures (https://capitalatlas.ai/funds/gsv-ventures) — Seed, Series A
- Dunce Capital (https://capitalatlas.ai/funds/dunce-capital) — Seed
- BECO Capital (https://capitalatlas.ai/funds/beco-capital) — Seed, Series A
- 4DX Ventures (https://capitalatlas.ai/funds/4dx-ventures) — Seed, Series A
- Foundation Ventures (https://capitalatlas.ai/funds/foundation-ventures) — Seed
- EQ2 Ventures (https://capitalatlas.ai/funds/eq2-ventures) — Seed
- Spartech Ventures (https://capitalatlas.ai/funds/spartech-ventures) — Seed
- Watar Partners — Series A