# Classera

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/classera

- Industry: Education/Training
- Headquarters: San Francisco, US
- Website: www.classera.com
- Total disclosed funding: $40M
- Latest round: Series A (Sep 8, 2022)
- Investors on record: 6

## About

Founded in 2011 and based in California, US, Classera, Inc. operates as an e-learning company. The company was founded by Mohammad Almadani and Mohammad Alashmawi. In October 2022, Classera Inc. raised USD 40 million in series A funding led by Sanabil Investments, with participation from other 500 Global, Endeavor Catalyst, and Global Ventures. As of 2022, the company’s services are available in more than 30 countries in the Middle East and North Africa (MENA) and sub-Saharan Africa.

Classera provides k–12 education, corporate training programs, and government training courses on its Learning Super Platform, or LSP. To enhance the user experience of its courses, the company's integration-based platform employs a gamified learning management strategy integrating A.I. and social learning. The company's e-learning ecosystem consists of an augmented reality learning application called C-Reality, a complete enterprise resource planning for educational institutions called C-Smarter, an integrated e-payment gateway called C-Pay for parents to pay their children’s fees and pocket money, and an educational marketplace for Edtech, online and offline educational materials called Edumalls. Its client base includes ministries of education, private K-12 schools, universities, and corporates for e-training.

The company plans to use the October 2022 funding to expand its corporate e-training platform, LeadXera into the corporate learning market and accelerate its global expansion into new markets such as the Asia Pacific (APAC) region.

## Funding rounds

- Series A, Sep 8, 2022, $40M — 500 Global, Endeavor Catalyst, Global Ventures, Sanabil Investments, Seedra Ventures, Sukna Ventures

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Series A
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series A
- Global Ventures (https://capitalatlas.ai/funds/global-ventures) — Series A
- Sanabil Investments (https://capitalatlas.ai/funds/sanabil-investments) — Series A
- Seedra Ventures (https://capitalatlas.ai/funds/seedra-ventures) — Series A
- Sukna Ventures (https://capitalatlas.ai/funds/sukna-ventures) — Series A