OTO Courses raises six-figure investment

OTO Courses raises six-figure investment

OTO Courses raises six-figure investment



Source: Afrikanheroes

Egypt's edtech OTO Courses, has raised a six-figure (USD) investment in the form of a bridge round from AUC Angels & Changelabs. The exact size of this deal was however not disclosed. 

With the new investment, OTO plans to further develop its platform and win a bigger market share as the traditional educational centers in Egypt that teach the English language remain closed due to the pandemic. The startup had previously raised a seed round from HIMangel and EdVentures in late 2018.

Founded in 2015 by Ahmed El Fadaly, Ahmed Badr & Tarek Nour, OTO Courses, previously known as OTO Englishoffers general and specialized English language courses to individuals and businesses. OTO in it its name stands for one-to-one (tutoring) and that also happens to one of its biggest USP. All the courses on its platform come with dedicated hours of one-to-one live tuition with an instructor.

The startup in a statement said that all the English instructors on its platform are selected carefully and then have to go through training before they start teaching on the platform, "OTO Courses aims to bridge the gap between traditional education and what the market really needs, by providing available and