# Almentor FZCO

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/almentor-fzco

- Industry: Education/Training
- Headquarters: Dubai, United Arab Emirates
- Website: www.almentor.net
- Total disclosed funding: $11M
- Latest round: Series B (May 31, 2021)
- Investors on record: 5

## About

Founded in 2016 and based in Dubai, UAE, Almentor FZCO operates as a web-based platform that engages in providing e-learning services such as Arabic and English language. In March 2023, Almentor FZCO raised USD 10 million in pre-series C funding led by e& Capital with participation from Egypt Ventures, Endure Capital, Partech, Sango Capital Management, and Sawari Ventures.

The company offers a digital platform that provides various learning solutions, including course categories such as arts and design, soft skills, media, photography, and film, business management, sales and marketing, technology, science, and productivity, parenting and relationships, kids development, lifestyle and health, entrepreneurship, mental health and wellness, and education.

The company plans to use the March 2023 funding to accelerate its growth and expand in Saudi Arabia, as well as increase its investment in the B2C segment.

## Funding rounds

- Series B, May 31, 2021, $6.5M — Partech Partners, Sawari Ventures, Sango Capital Management, Egypt Ventures
- Series A, Oct 7, 2019, $4.5M — Sawari Ventures, Endure Capital, Egypt Ventures

## Investors

- Sawari Ventures (https://capitalatlas.ai/funds/sawari-ventures) — Series A, Series B
- Endure Capital (https://capitalatlas.ai/funds/endure-capital) — Series A
- Egypt Ventures (https://capitalatlas.ai/funds/egypt-ventures) — Series A, Series B
- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Series B
- Sango Capital Management (https://capitalatlas.ai/funds/sango-capital-management) — Series B
