About Abwaab
Abwaab is a company based in Amman (Jordan) founded in 2019 by Sabri Hakim, Hamdi AlTabbaa, and Hussein AlSarabi. Abwaab has raised $27.5 million across 3 funding rounds from investors including BECO Capital, 4DX Ventures and GSV Ventures. Abwaab has completed 3 acquisitions, including Ed-Matrix, EdMatrix and Edmatrix. Abwaab operates in a competitive market with competitors including uLesson, Zenius, Khan Academy, Cambium Learning and Baims, among others.
- Headquarter Amman, Jordan
- Founders Sabri Hakim, Hamdi AlTabbaa, Hussein AlSarabi
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Sectors
Education
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Email
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Phone
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$27.5 M (USD)
in 3 rounds
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Latest Funding Round
$20 M (USD), Series A
Nov 15, 2021
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Investors
BECO Capital
& 10 more
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Employee Count
Not available
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Investments & Acquisitions
Ed-Matrix
& 2 more
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People of Abwaab
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Funding Insights of Abwaab
Abwaab has successfully raised a total of $27.5M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Abwaab
Abwaab has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include BECO Capital, 4DX Ventures and GSV Ventures.
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Venture capital investments are provided to startups in the Gulf and MENA region.
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Early-stage investments in technology companies are targeted by 4DX Ventures.
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Ed-tech startups are funded by GSV Ventures through venture capital.
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Investor details for Abwaab
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Investments & Acquisitions by Abwaab
Abwaab has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Ed-Matrix, EdMatrix and Edmatrix.
Investment portfolio details for Abwaab
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Online courses in programming and math are offered to students.
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Multiple test preparation solutions are offered via an online platform.
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Agency management systems for education agencies are provided.
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Complete acquisition details for Abwaab
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Financial Statements - Abwaab
Detailed financials for Abwaab
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Abwaab Comparisons
Peer comparison for Abwaab
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Competitors of Abwaab
Abwaab operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as uLesson, Zenius, Khan Academy, Cambium Learning and Baims, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of online learning platform for school students
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App-based courses for school subjects are delivered via mobile platforms.
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Free online micro lectures on diverse subjects are offered.
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Educational solutions and services company
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Courses on diverse topics are delivered via an online platform.
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Detailed competitors of Abwaab
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Latest news on Abwaab
Complete news archive for Abwaab
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Frequently Asked Questions about Abwaab
Abwaab was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Abwaab is headquartered in Amman, Jordan.
Hamdi AlTabbaa is the current CEO of Abwaab. They have also founded this company.
Abwaab is a funded company, having raised a total of $27.5M across 3 funding rounds to date.
Abwaab was founded in 2019 in Amman, Jordan, as an online platform in the education technology sector. School curriculum tutoring is delivered via short interactive videos, review summaries, model answers, explanations, and practice questions. A discussion forum is provided for user interaction, and competitions are organized. Mobile applications are available for Android and iOS devices to support access across the region.
Abwaab's top competitors include Cambium Learning, Brilliant and uLesson.
Abwaab has 11 investors. Key investors include BECO Capital, 4DX Ventures, GSV Ventures, Watar Partners, and EQ2 Ventures.