- Saudi Arabia-based edtech Shaguf, has raised $400,000 in a pre-Seed round from angel investors.
- Founded in September 2021 by Ahmed Alrashed, Shaguf enables instructors to create recorded lectures, interactive tests, digital notes, and question banks for students.
- Shaguf will use the funds to enhance its platform, and onboard further instructors and learning materials.
Shaguf, an EdTech start-up that builds tech solutions to support the digitisation of the education industry, has raised $400K (~1.5 million SAR) in a pre-Seed round, with the enrollment of angel investors.
Founded in September 2021, Shaguf has succeeded in attracting and empowering 550 instructors to help more than 11000 students that spent more than 100,000 hours learning at Shaguf, through 9800 interactive lessons, that were created by the empowerment of Shaguf’s tech solutions.
Shaguf creates a community where instructors and students engage in an interactive online learning experience. The company rolled out products and solutions enabling instructors to create recorded lectures, interactive tests, digital notes, and question banks that made a significant impact on their students.
Ahmed Alrashed, founder and CEO of Shaguf, said “ We appreciate the belief and trust our investors have put into the company. We aim to transform the digital education sector from being a normal experience to a stimulating interactive experience, we also seek to create flexible job opportunities for our instructors and achieve sustainability in alignment with the objectives of the Kingdom’s Vision 2030.”