About Almentor
Almentor is a company based in Dubai (United Arab Emirates) founded in 2016 by Abdelrhman Fahmy, Hesham Heikal, Ihab Fikry, and Ibrahim Mostafa Kamel.. Almentor has raised $24.5 million across 4 funding rounds from investors including Partech Partners, e& and Sawari Ventures. Almentor operates in a competitive market with competitors including Seekho, Entri, ffreedom App, LearnVern and Conker World, among others.
- Headquarter Dubai, United Arab Emirates
- Founders Abdelrhman Fahmy, Hesham Heikal, Ihab Fikry, Ibrahim Mostafa Kamel
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Sectors
Education
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$24.5 M (USD)
in 4 rounds
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Latest Funding Round
$10 M (USD), Series C
Mar 16, 2023
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Investors
Partech Partners
& 6 more
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Employee Count
Employee Count
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Funding Insights of Almentor
Almentor has successfully raised a total of $24.5M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $10 million completed in March 2023. 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series C — $10.0M
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First Round
First Round
(01 Jun 2016)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Series C - Almentor | Valuation | e& | |
| May, 2021 | Amount | Series B - Almentor | Valuation | Partech Partners | |
| Oct, 2019 | Amount | Series A - Almentor | Valuation | Sawari Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Almentor
Almentor has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Partech Partners, e& and Sawari Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital fund focused on tech and healthcare startups
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Founded Year | Domain | Location | |
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Venture capital is provided to global tech startups and scale-ups.
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Founded Year | Domain | Location | |
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A venture capital firm based in Cairo, Egypt, is operated.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Almentor
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Almentor
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Almentor Comparisons
Competitors of Almentor
Almentor 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 Seekho, Entri, ffreedom App, LearnVern and Conker World, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Platform offering video learning solutions across technology, finance, and business
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| domain | founded_year | HQ Location |
App-based resources for public exam preparation are provided.
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| domain | founded_year | HQ Location |
Diversified online courses for professionals are provided via mobile app.
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| domain | founded_year | HQ Location |
Vernacular technical courses are delivered via a free online platform.
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| domain | founded_year | HQ Location |
Multi-disciplinary professional courses are delivered through an Android app.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Almentor
Frequently Asked Questions about Almentor
When was Almentor founded?
Almentor was founded in 2016.
Where is Almentor located?
Almentor is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Who is the current CEO of Almentor?
Ihab Fikry is the current CEO of Almentor. They have also founded this company.
Is Almentor a funded company?
Almentor is a funded company, having raised a total of $24.5M across 4 funding rounds to date. The company's 1st funding round was a Series A of $4.5M, raised on Jun 01, 2016.
What does Almentor do?
Almentor was founded in 2016 in Dubai, United Arab Emirates, as an e-learning platform focused on management and personal development. Video-based courses are offered on topics such as leadership fundamentals, life skills, English language proficiency, project management, and pricing strategies. Additional informative and motivational videos are provided. Revenue is generated through a pay-per-course model, with a mobile application available for Android and iOS devices.
Who are the top competitors of Almentor?
Almentor's top competitors include Seekho, Entri and ffreedom App.
Who are Almentor's investors?
Almentor has 7 investors. Key investors include Partech Partners, e&, Sawari Ventures, EgyptVentures, and Sango Capital.
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