Egypt-based edtech platform MARJ3 has raised a seed investment round, led by U.S based investment consultant expert DOJO and joined by other angel investors.
The investment in the platform, which provides educational opportunities and scholarships, is aimed at boosting its new blended business model, and fuel the growth of universities joining the platform from around the world. It will also help accelerate the team’s expansion plan.
MARJ3 was founded in 2016 by Syrian entrepreneur Sami Al-Ahmad, who currently serves as the platform’s CEO, alongside Egyptian entrepreneurs Abdullah Samy and Ahmed El Gebaly. It is an online platform connecting MENA youth to educational opportunities around the world. With 2.4 million online visits per month from MENA countries, the startup has 3 main department
- MARJ3 Education dedicated to schools and universities,
- MARJ3 Courses for MOOCs and tutoring,
- MARJ3 Scholarships for funded opportunities.
Users can use the platform to search, compare, and then enroll in the best-fit opportunity.
The startup, initially connecting Arab youth to educational opportunities around the world, launched Universities and Courses departments in early 2020, and experienced enormous 15-fold growth in revenues during the novel COVID-19 pandemic.
The startup is also positioning itself as a thought leader in the edtech field in the region, having recently published a report entitled E-learning experience – MENA Region Insights 2020.
Earlier in 2017, the startup went through an incubation program at Flat6Labs, where they received their first investment.
