Saudi edtech YaSchools raises $600,000 in seed round, plans for expansion to Jordan

Saudi edtech YaSchools raises $600,000 in seed round, plans for expansion to Jordan

Image: YaSchools

YaSchools, a Saudi startup specialising in educational management solutions, has successfully closed a $600,000 seed round of funding from a group of angel investors.

The edtech offers a platform to manage the educational ecosystem, acting as the facilitator between all stakeholders — such as schools, teachers, and students — involved in the educational process.

The platform utilises big data, artificial intelligence, and financial technologies that can assist in processing tasks in an autonomous and fast-paced manner.

YaSchools was founded in 2021 in Saudi Arabia by entrepreneurs Mohamed Zohair, Ahmed Mahdy, and Yasser Nasr-Aldin.

Their aim was to improve the education experience through a stack of  “innovative” services, which include facilitating microlending solutions that provide parents with payment plans to cover all the educational expenses.

Since the launch of its microlending services in early 2023, YaSchools has received financing requests worth more than $40m.

Currently, YaSchools has 1,750 registered schools and serves 2,500 teachers and more than 92,000 parents. The startup’s ever-expanding clientele puts it on the road to becoming one of the fastest-growing startups in the educational sector.

Mohamed Zohair, co-founder and CEO of YaSchools, said that the closure of the seed round confirms the confidence of the investors in the platform and the effective