About iStoria
iStoria is a company based in Riyadh (Saudi Arabia) founded in 2020.. iStoria has raised $1.3 million across 2 funding rounds from investors including Classera, Nama Ventures and Flat6Labs. iStoria operates in a competitive market with competitors including Babbel, Rosetta Stone, Voxy, NovaKid and Memrise, among others.
- Headquarter Riyadh, Saudi Arabia
-
Sectors
Education
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$1.3 M (USD)
in 2 rounds
-
Latest Funding Round
$1.3 M (USD), Seed
Jan 28, 2024
-
Investors
Classera
& 3 more
-
Employee Count
Employee Count
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
Funding Insights of iStoria
iStoria has successfully raised a total of $1.3M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.3 million completed in January 2024. 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 2
- Last Round Seed — $1.3M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Seed - iStoria | Valuation | Classera , Flat6Labs | |
| May, 2022 | Amount | Seed - iStoria | Valuation | Nama Ventures |
|
| 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 iStoria
iStoria has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Classera, Nama Ventures and Flat6Labs. 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 fund focused on technology startups is operated.
|
Founded Year | Domain | Location | |
|
Startups are accelerated and funded via venture capital investments.
|
Founded Year | Domain | Location | |
|
-
|
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 iStoria
| 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 |
Financial Statements - iStoria
| 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 |
Istoria Comparisons
Competitors of iStoria
iStoria 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 Babbel, Rosetta Stone, Voxy, NovaKid and Memrise, 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 |
SaaS-based language learning solutions are offered through interactive courses.
|
|
| domain | founded_year | HQ Location |
Speech-recognition technology is utilized for language learning software solutions.
|
|
| domain | founded_year | HQ Location |
English language learning through online courses and tutoring
|
|
| domain | founded_year | HQ Location |
Online tutoring platform providing English lessons to kids
|
|
| domain | founded_year | HQ Location |
Languages are learned via crowdsourced content on an online platform.
|
| 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 Istoria
Frequently Asked Questions about iStoria
When was iStoria founded?
iStoria was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is iStoria located?
iStoria is headquartered in Riyadh, Saudi Arabia.
Is iStoria a funded company?
iStoria is a funded company, having raised a total of $1.3M across 2 funding rounds to date.
What does iStoria do?
iStoria was established in 2020 in Riyadh, Saudi Arabia, within the edtech sector. A mobile application is operated for Android and iOS devices, focusing on English language education. Features such as word translations, educational stories, progress monitoring, and alarm functions are included to support user learning. The platform addresses language acquisition needs in the region and beyond.
Who are iStoria's investors?
iStoria has 4 investors. Key investors include Classera, Nama Ventures, Flat6Labs, and BIM Ventures.