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Saudi edtech platform AlGooru raises $4m to boost expansion, AI development

Founded in 2021 by CEO Khalid Abou Kassem and Omer Awad, AlGooru connects students with on-demand private tutors, offering educational services in 20 core subjects, including mathematics, science, and language development. Supplied
Founded in 2021 by CEO Khalid Abou Kassem and Omer Awad, AlGooru connects students with on-demand private tutors, offering educational services in 20 core subjects, including mathematics, science, and language development. Supplied
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Updated 09 December 2024

Saudi edtech platform AlGooru raises $4m to boost expansion, AI development

Saudi edtech platform AlGooru raises $4m to boost expansion, AI development

RIYADH: Saudi-based educational technology platform AlGooru has successfully raised $4 million in a pre-Series A funding round, combining both debt and equity financing.

The round was led by Constructor Capital, with additional support from Hub71, angel investors, and family offices.

Founded in 2021 by CEO Khalid Abou Kassem and Omer Awad, AlGooru connects students with on-demand private tutors, offering educational services in 20 core subjects, including mathematics, science, and language development.

The platform holds the distinction of being º£½ÇÖ±²¥â€™s first licensed private tutoring service, ensuring its compliance with government regulations for secure and accessible learning.

The new funding will support AlGooru’s expansion across º£½ÇÖ±²¥, with a focus on scaling its offline tutoring services, enhancing AI-driven technologies, and exploring new verticals. Strategic partnerships, expected to be announced in 2025, will further broaden the platform’s offerings.

This latest investment follows a successful $1.8 million seed round in 2022, led by RAZ Group, RZM Investment, 100 Ventures, RAY Investment, and Oqal Angel Investors.

Matthias Winter, managing partner at Constructor Capital, expressed confidence in AlGooru’s mission, stating, “We believe in AlGooru’s vision of making quality education accessible through innovation and technology.â€

He added: “We see tremendous potential in the Kingdom and look forward to supporting Khalid and the AlGooru team in achieving their goals.â€

With the new funding, AlGooru plans to further enhance its AI and data-driven capabilities to offer personalized learning experiences tailored to the evolving needs of students. The platform also aims to attract top-tier talent in the edtech sector to drive innovation and meet the growing demand for flexible, tech-enabled tutoring solutions.

“The continued support from our investors underscores the positive impact AlGooru is having in transforming the tutoring landscape in º£½ÇÖ±²¥,†said Kassem.

“This investment positions us to not only redefine the tutoring sector in the Kingdom but also to contribute to the broader goal of enhancing educational accessibility and quality in the region.â€

This new capital infusion marks a significant step toward AlGooru’s goal of reshaping education in º£½ÇÖ±²¥ and beyond, aligning with the Kingdom’s Vision 2030 goals for educational transformation and innovation.


º£½ÇÖ±²¥, Canada explore ways to enhance cooperation in technology, innovation 

º£½ÇÖ±²¥, Canada explore ways to enhance cooperation in technology, innovation 
Updated 5 sec ago

º£½ÇÖ±²¥, Canada explore ways to enhance cooperation in technology, innovation 

º£½ÇÖ±²¥, Canada explore ways to enhance cooperation in technology, innovation 

RIYADH: º£½ÇÖ±²¥â€™s technology and innovation partnership with Canada is set to receive a boost after senior ministers met to explore new avenues of cooperation and strengthen trade ties. 

Saudi Minister of Investment Khalid Al-Falih said in a post on X that he met with Canada’s Minister of Artificial Intelligence and Digital Innovation Evan Solomon to discuss ways to strengthen relations between the countries and to build partnerships that contribute to mutual economic growth, particularly in priority investment sectors. 

This comes as trade between the two nations continues to expand. In February, º£½ÇÖ±²¥ exported SR641 million ($170 million) to Canada, marking an 86.6 percent increase from SR344 million in February 2024, according to data from the Observatory of Economic Complexity.

It also follows an agreement in January 2024 for both countries to re-exchange trade delegations to enhance economic relations and boost trade and investment flows. 

In a subsequent post on X, Al-Falih stated: “The dialogue took place between me and Anita Anand, the Canadian Minister of Foreign Affairs, in the presence of the Saudi ambassador to Canada, Amal Yahya Al-Moallimi.†

He added: “We discussed supporting and strengthening relations between our two countries, and facilitating investment exchange, in order to achieve more fruitful cooperation in the most important sectors, which will bring success to both peoples.†

Artificial intelligence has become a central pillar of º£½ÇÖ±²¥â€™s post-oil economic strategy, with the Kingdom leveraging advanced technologies to drive data-led industries and automation. 

Now at the halfway point of Vision 2030, the country is accelerating efforts to position itself as a global technology leader, balancing innovation with sustainability goals. 
Key initiatives — including the Project Transcendence program, valued at around $100 billion — aim to further establish º£½ÇÖ±²¥ as a global hub for AI innovation. 

Over the past five years, º£½ÇÖ±²¥ has made significant progress toward establishing itself as a regional artificial-intelligence hub. PwC projects that AI could contribute about $235 billion — or 12.4 percent — to the Kingdom’s gross domestic product by 2030.