{"id":467200,"date":"2019-10-07T15:34:47","date_gmt":"2019-10-07T14:34:47","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=467200"},"modified":"2019-10-07T15:34:47","modified_gmt":"2019-10-07T14:34:47","slug":"sawari-ventures-leads-4-5-million-series-a-for-e-learning-platform-al-mentor","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2019\/10\/07\/sawari-ventures-leads-4-5-million-series-a-for-e-learning-platform-al-mentor\/","title":{"rendered":"Sawari Ventures leads $4.5 million Series A for e-learning platform Al Mentor"},"content":{"rendered":"
<\/div>

Sawari Ventures,\u00a0<\/strong>Egypt\u2019s\u00a0leading venture capital firm today announced that it has led a $4.5 million Series A investment round for e-learning platform,\u00a0almentor.net<\/a><\/strong>\u00a0with participation from Egypt Ventures, Endure Capital and angel\u00a0investor Mohamed El Amin.\u00a0This brings the total funding raised by the company to\u00a0USD $8 million\u00a0to date.<\/p>\n

almentor.net<\/a>\u00a0<\/strong>was launched in 2016 with a mission to address the lack of online personal development content for Arabic-speakers. The platform\u00a0offers a catalogue of exclusive training videos and expert talks, introducing unique knowledge development solutions for the region in areas\u00a0including health, technology, humanities, entrepreneurship and business management.<\/p>\n

\n

\u201cWe are very pleased to have led this latest round. From the\u00a0beginning,\u00a0we have\u00a0supported\u00a0Almentor\u2019s\u00a0mission\u00a0to expand the personal development options available to young Arabic-speaking professionals in the MENA region.\u00a0Filling this gap\u00a0in the area of\u00a0knowledge development and laying the foundation for a rich online learning ecosystem is crucial to the\u00a0development of the\u00a0next generation of empowered leaders.\u00a0We are impressed with what the team has achieved in the last two years and are excited to be part of its future journey,\u201d said Wael Amin, Partner at Sawari Ventures.<\/p>\n

almentor.net<\/a>\u00a0<\/strong>plans to use the funding to accelerate course development and expand the roster of mentors who are\u00a0recruited through a vigorous selection criterion, with a 10% acceptance rate in order to maintain the highest quality offered in the market.<\/p>\n

\u201cAlready we have more than 10,000 videos online and we hope to use this investment to further avail our audience to even more enriching learning experiences, in the process helping young people enhance their personal development and confidence, while\u00a0increasing their knowledge base,\u201d said Ihab Fikry\u00a0almentor.net<\/a><\/strong>\u00a0CEO and co-founder.<\/p>\n

– End –<\/p>\n

almentor.net<\/a><\/strong>
\nalmentor.net<\/a>\u00a0is an online video e-learning platform, established by five prominent Arab professionals, whose objective is to develop and provide Arab users with the necessary skillset to advance in their careers.\u00a0almentor.net<\/a><\/strong>\u00a0has partnered with prominent leaders in the fields of human resources, management, sports, business, corporate communications and digital media. The platform currently has the biggest continuous learning library in the region, and one of the largest worldwide.<\/p>\n

Sawari Ventures<\/strong><\/p>\n

Sawari Ventures is a leading\u00a0venture\u00a0capital firm based in Cairo. It invests in people turning visionary ideas into market-leading companies in the MENA region, believing in the transformative power of entrepreneurial thinking.<\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

Sawari Ventures,\u00a0Egypt\u2019s\u00a0leading venture capital firm today announced that it has led a $4.5 million Series A investment round for e-learning platform,\u00a0almentor.net\u00a0with participation from Egypt Ventures, Endure Capital and angel\u00a0investor Mohamed El Amin.\u00a0This brings the total funding raised by the company to\u00a0USD $8 million\u00a0to date. almentor.net\u00a0was launched in 2016 with a mission to address the lack<\/p>\n","protected":false},"author":536282,"featured_media":467201,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12046,12065],"tags":[],"class_list":{"0":"post-467200","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-leaders-en","8":"category-press-releases","9":"post_format-post-format-aside","10":"pmpro-has-access"},"yoast_head":"\nSawari Ventures leads $4.5 million Series A for e-learning platform Al Mentor - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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