Dawrat
ActiveArabic-language MOOC/online-course marketplace for instructors, colleges and institutes
Kuwait City-headquartered Arabic MOOC marketplace founded 2011 by Mohammad Al Suraye and Youssef Bonachi, hosting 10,000+ courses for 100,000+ students/instructors across MENA as of 2022. In March 2021, SBX Capital and private investor Farah Al Humaidhi jointly acquired 40% equity stake. Expanded into Saudi Arabia December 2021.
Founders
Funding Rounds
Investors: SBX Capital, Farah AlHumaidhi
Structured as SBX Capital and angel Farah AlHumaidhi acquiring a 40% stake; AlHumaidhi became chairwoman. Amount and valuation undisclosed by the company. Wamda's Dec 2021 KSA-expansion piece calls it 'an undisclosed round raised in March from SBX and angel investor Farah Al Humaidhi'. Whether the 40% was primary, secondary or mixed is not stated. Tracxn labels it 'Series A' with a $8.9M post-money valuation — aggregator-only, not adopted here. Al Rai (Arabic) reported it on 2021-03-18. Also: https://magnitt.com/news/dawrat-acquired-52566 https://waya.media/sbx-capital-and-farah-al-humaidhi-acquire-40-of-dawrat/ https://www.wamda.com/ar/2021/03/sbx-capital-farah-alhumaidhi-acquire-40-cent-dawarat-arabic https://sbxcapital.co/company/dawrat/ Confidence: confirmed (round 13, Wamda).
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