About Baims
Baims is a company based in Kuwait City (Kuwait) founded in 2018 by Bader Alrasheed and Yousef Alhusaini.. Baims has raised $6.2 million across 3 funding rounds from investors including AlWazzan Education, Rasameel Investment Company and Seeds Partners. Baims has completed 1 acquisition, including Orcas Tutoring. Baims operates in a competitive market with competitors including Abwaab, Course Hero, Zenius, Numerade and uLesson, among others.
- Headquarter Kuwait City, Kuwait
- Founders Bader Alrasheed, Yousef Alhusaini
-
Sectors
Education
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$6.2 M (USD)
in 3 rounds
-
Latest Funding Round
$4 M (USD), Series A
Mar 08, 2023
-
Investors
AlWazzan Education
& 2 more
-
Employee Count
Employee Count
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Funding Insights of Baims
Baims has successfully raised a total of $6.2M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4 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 3
- Last Round Series A — $4.0M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Series A - Baims | Valuation | Rasameel Investment Company | |
| Mar, 2022 | Amount | Seed - Baims | Valuation | Rasameel Investment Company |
|
| Apr, 2020 | Amount | Seed - Baims | Valuation | AlWazzan Education |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Baims
Baims has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include AlWazzan Education, Rasameel Investment Company and Seeds Partners. 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 |
|---|---|---|---|---|
|
A venture capital firm focused on innovative startups in MENA.
|
Founded Year | Domain | Location | |
|
Offers K-12 education services in Kuwait and MENA region with international curricula.
|
Founded Year | Domain | Location | |
|
Manages diversified investment portfolios across various asset classes for clients.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Baims
Baims has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Orcas Tutoring. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Personalized tutoring services are offered for K-12 students.
|
2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Baims
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Baims Comparisons
Competitors of Baims
Baims 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 Abwaab, Course Hero, Zenius, Numerade and uLesson, 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 |
School curriculum is tutored online through videos, quizzes, and forums.
|
|
| domain | founded_year | HQ Location |
Online learning resources are delivered via a mobile platform.
|
|
| domain | founded_year | HQ Location |
App-based courses for school subjects are delivered via mobile platforms.
|
|
| domain | founded_year | HQ Location |
Provider of study assistance platform for students
|
|
| domain | founded_year | HQ Location |
Provider of online learning platform for school students
|
|
| domain | founded_year | HQ Location |
Free online micro lectures on diverse subjects are offered.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Baims
Frequently Asked Questions about Baims
When was Baims founded?
Baims was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Baims located?
Baims is headquartered in Kuwait City, Kuwait.
Is Baims a funded company?
Baims is a funded company, having raised a total of $6.2M across 3 funding rounds to date.
What does Baims do?
Baims was established in 2018 in Kuwait City, Kuwait, within the online education sector. Courses covering physics, chemistry, calculus, engineering, administrative and social sciences, Arduino, and other subjects are made available. User-generated courses can be uploaded to the platform. The service is accessible through dedicated applications on Android and iOS devices.
Who are the top competitors of Baims?
Baims's top competitors include Course Hero, Abwaab and Numerade.
How many acquisitions has Baims made?
Baims has made 1 acquisition, including Orcas Tutoring.
Who are Baims's investors?
Baims has 3 investors. Key investors include AlWazzan Education, Rasameel Investment Company, and Seeds Partners.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.