Ostaz
Latest round
- Seed
Last raised
- Feb 2020
Total raised
- Undisclosed
Investors
- 2
About Ostaz
Founded in 2016 in Beirut, Lebanon, Ostaz connects students with expert tutors in a tailored learning environment. The company, which was previously known as Synk, has completed four deals, with the most recent occurring on April 1, 2021. The founders, Audrey Nakad and Zeina Nakad, have a commitment to improving educational outcomes in the MENA region. In April 2021, Ostaz was acquired by Inspired Education Holdings Limited, further expanding its market reach.Ostaz's core product offering revolves around its innovative private tutoring platform, which connects students with a vast network of over 12,000 expert tutors. This platform facilitates personalized learning experiences tailored to diverse educational needs across various subjects and academic levels. Ostaz primarily serves students seeking academic support, parents looking for quality tutoring services, and educational institutions aiming to enhance their programs.Ostaz's revenue model is based on service transactions conducted through its platform, emphasizing direct-to-consumer relationships. Students and their families utilize a streamlined booking system for tutoring services, allowing for flexible scheduling and customized sessions. While specific pricing details are not disclosed, the platform likely features various options to cater to different client needs. Revenue is generated primarily through fees collected for tutoring sessions, establishing a direct income line from users.Following the acquisition on April 1, 2021, Ostaz is set to expand its offerings into new markets, leveraging the support of its new parent company, Inspired Education Holdings Limited. The company plans to develop new products tailored to emerging educational needs, although specific release dates are not provided.
Who invested in Ostaz
2 investors across 2 rounds
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Questions about Ostaz
Who invested in Ostaz?
Ostaz has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Ostaz raised?
Ostaz has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Ostaz last raise money?
Ostaz's most recent round on record is a Seed, in Feb 2020.
What does Ostaz do?
Founded in 2016 in Beirut, Lebanon, Ostaz connects students with expert tutors in a tailored learning environment.
Where is Ostaz headquartered?
Ostaz is headquartered in Beirut, Lebanon.
Which VCs invest in companies like Ostaz?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back education/training companies at Ostaz's stage. Their profiles are linked below.
VCs backing education/training startups at Seed
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