A specialised ed-tech application to teach the English language, iStoria is delighted to announce successfully closing its pre-seed investment round. The company has also announced that it has collected a total funding amount of 5 million Saudi riyals during the process. The investment round has successfully reached the milestone with the participation and support of some renowned angel investors such as Classera, Nama Ventures, BIM Ventures, Flat6Labs, and many more.

With a fast-growing and influential user base, the platform captured the attention of more than one million users worldwide. iStoria to the learners offers a maximised level of satisfaction, and boasting an exceptional rating in the App Store of 4.6 out of 5. The expansion of the learning application has directed the rising popularity of the educational sector. The company has partnered with various government and private schools in this sector. The thoughtful collaboration will allow the schools to involve iStoria in their curriculum by facilitating developmental English Language for students and offering straight supervision.

iStoria, which has a partnership with Oxford is an ed-tech company based in Saudi Arabia and successfully stands out for its innovative approach to the learning system of the English Language. The application emphasises building vocabulary by processing graded-reader stories modified for English learners of every level. The application equally provided comprehensive questions and attentive tests to slowly and effectively expert vocabulary. The method of learning the English language is designed thoughtfully to make sure that the learners successfully master all the tests of the international language. In addition, the learning application offers innovative and remarkable features that boost the complete user experience.

With the combination of capital, the ed-tech company iStoria is all set to enhance the learning platform of the English language further by accelerating the stricture and expanding the accessibility to English learners on the global stage. The new investment remarks a notable milestone in demonstrating iStoria as a useful platform when it comes to the field of learning the English language by offering some major values to its learners.

Founded by Eng. Abdullah Al-Jaberi, an entrepreneur and tech product developer in March 2022, the learning platform was formed by collaborating with partners by forming experienced over a decade. A specialist in operations management,  Abdel Nasser Al-Wali, Dr. Faisal Al-Hamoud, with experience in program content management and academic education, Eng. Ismail Ashour, a renowned expert in technical management skills, and the marketing manager Mr. Khaled Al-Rashed have come forward and joined the core team along with over 20 passionate and highly skilled employees to make a fulfilling recognition of iStoria.

The founder and CEO of the iStoria, Eng. Abdullah Al-Jabri expressed his gratitude with the concluding statement of the pre-seed round saying,  “Through this funding, we will continue our mission to empower individuals to communicate effectively and boost their confidence in using the English language. We are optimistic and eagerly anticipate the next phase of our journey. Our growth and impact will primarily come from serving organizations and expanding our global presence.”

Previously, the ed tech company has also raised an undisclosed pre-seed funding round backed by Nama Ventures in 2022 which has helped the company to enlarge its operations.

The ed-tech company is equally known as one of the top five maximum funded sectors in the Kingdom of Saudi Arabia. Back in 2023, the sector witnessed a total of $50 million in investment secured by various startups based in Saudi Arabia, with a growth of 6 percent compared to the year before.