U.A.E.-Based Startup SchoolVoice Raises $1.5 Million In Seed Funding
SchoolVoice, a U.A.E.-based interactive platform simplifying communications between schools and parents has raised $1.5 million in seed funding from a local venture capitalist Bin Mejren Investment Group.Founded in 2016 by Ali Bin Yahia, SchoolVoice is a product of Abu Dhabi-based tech house Netaq E-solutions. The two-way communicative platform plans to use the seed fund to develop its technology, grow its team and scale-up the brand. Through the app-based platform parents are constantly updated about their children’s academics and educational progress. To further expand the app’s user reach to French speaking countries by Q3 2018, the startup is developing a French version of the app. It has also signed contracts with schools in the U.A.E and in the MENA region and some in the Southeast Asian countries.Commenting on the seed investment, Mohamed Ibrahim, Manager, Bin Mejren Investment Group said: “We studied the communication tools used by the education sector in the Middle East and found that it is worth $1.3 billion.” He continued, “We believe that SchoolVoice will be the market mover and will acquire a huge share of this market.”
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