AILA Schools
AILA Secures $1.15 Million to Drive AI Transformation in MENA’s EdTech
16/10/2024
Riyadh, Saudi Arabia – AILA, the first-ever AI-powered EdTech platform from Saudi Arabia, has raised $1.15 million in a groundbreaking pre-seed funding round, marking the largest first kind for an AI EdTech company in the MENA region, led by Saba Fund, and White Hill Capital and other prominent Saudi angel investors. The round sets the stage for AILA’s ambitious journey to revolutionize education through cutting-edge AI technology.
Launched in June 2023
AILA has quickly emerged as a leader in the AI-driven education space, offering personalized learning pathways tailored to individual student needs. The fund from this round will be used to further develop AILA’s technology, refine its features, and expand its market presence. Currently operating in 3 markets across Central Asia, AILA plans to enter at least 10 new markets in the near future.
This significant investment enables AILA
To continue its mission of transforming how education is delivered, with an emphasis on making personalized learning accessible and efficient for students, teachers, and parents alike. The company’s AI technology provides students under 10 minutes, creating a fully tailored learning plan, and saves educators countless hours by automating lesson planning, assessment generation, and content alignment.
Abbas Kazmi Co-Founding Partner at Saba Fund and Board Member at AILA, shared his excitement about the company’s future:
“We are thrilled to be leading AILA’s first funding round at such an early stage. AILA’s vision of democratizing personalized learning through AI is groundbreaking, and we believe they are uniquely positioned to transform education not only in Saudi Arabia but across the globe. Their mission to revolutionize the future of education inspires us, and we are excited to support them in realizing this ambitious vision.”
Alan Sultanov CEO of Al-Farab Innovation Hub and White Hill Capital, emphasized AILA’s pivotal role in advancing Saudi innovation within Central Asia:
“Our investment in AILA is a cornerstone of our strategy to promote Saudi projects in the Central Asia region. AILA stands out not only as a successful startup but as a key player with tremendous potential impact regionally. By joining the Asan Hub startup ecosystem, AILA will gain access to significant advantages, including tax exemptions in Kazakhstan, which will boost their growth and competitiveness. We believe that with our support, AILA is well-positioned to become a regional leader and a shining example of cross-regional innovation.”
Nouf Mugayel, Co-Founder of AILA, commented on the investment:
“This investment is a major milestone for AILA and will help us scale rapidly, refine our technology, and enter new markets. We are passionate about delivering personalized learning experiences that empower students and make a real impact on education systems around the world. We are grateful for the support of our investors and look forward to the next chapter of growth.”
As Saudi Arabia prioritizes education in its 2024 budget by allocating 16% of total expenditures to supporting R&D, AILA is perfectly positioned to contribute to the future of learning in the Kingdom and beyond (Source: Learn 2024). With a strong foundation and visionary leadership, AILA continues to redefine education through the use of AI, aiming to make a meaningful difference for every student, teacher, and parent.
About AILA
AILA is a Riyadh-based AI EdTech company dedicated to revolutionizing education by providing personalized learning experiences through AI. The platform supports students, teachers, and parents by offering tailored learning paths, automated lesson planning, and real-time insights. AILA operates across multiple international markets and is rapidly expanding its global reach.
Founders:
To learn more about AILA, visit their LinkedIn page