Kuwait’s Baims closes USD 4 million Series A round

Baims is an ed-tech startup that seeks to offer a range of courses and services to students across MENA.

Kuwait-based edtech Baims has raised USD 4 million in a Series A funding round led by AK Holding, with participation from investors including Al-Wazzan Educational Group and Rasameel Investment House.

Baims: Online courses for MENA students

Founded in 2017 by Bader Al-Rasheed and Yousef Alhusaini, the edtech aims to offer a wide range of online courses to university and high school children from across the MENA region and currently has a presence in Saudi Arabia, Kuwait, Jordan, Bahrain and Turkey. The funds will be used to further develop its platform, increase marketing efforts and develop new educational content and services.

Baims seeks to provide accessible and affordable education to university and high school students across MENA, regardless of their background or financial situation. The Baims platform allows instructors to teach and students to study anytime at comparatively low cost.

Accessible and affordable online education

“We are thrilled to have the support of our investors, who share our vision of providing accessible and affordable education to students across MENA,” said Yousef Al-Husaini, CEO of Baims. “Baims is short for Big Aims. It was chosen because it is characteristic of young people, especially university students, who have their whole life and possibilities ahead of them and have big aims for the future.”

Baims’ platform offers a range of educational content and services, including tailored video lectures, live sessions, chat groups, and interactive exercises. Students can access these materials anytime and anywhere, allowing them to learn at their own pace and on their own schedule.

“We are proud to lead the Series A investment round in support of Baims. We have followed its noticeable growth over the years and feel confident that it can grow even more to become the leading ed-tech company in the MENA region soon. Baims stands out and the impact it brings to students is clear with its wide array of online courses. We have trust in the CEO’s vision and leadership to carry the company to bigger success. AK Holding Company values hard-working entrepreneurs such as Yousef Al-Husaini and his team. We will continue to support projects that bring added value to society,” said Abdullateef Al-Thuwaini from AK Holding.

In November of last year, Morocco-based online tutoring platform SmartProf raised USD 100,000. SmartProf aims to make online tutoring services available to students in Morocco and West Africa.