Lebanese Edtech Startup Synkers Scores $1.8 Million Pre-Series A Funding Round
Boasting over 60,000 users across Lebanon and UAE, the startup connects students with tutors in a host of different topics and subjects.
Lebanon-based Snykers, a platform that connects students with tutors, has raised $1.8 million in Pre-Series A funding, led by Dr. Lama and Dalia Al Sulaiman and with participation from 500 Startups, Phoenician Funds, ISME Kafalat, Mulcan Investment, Seeders, Crescent Capital, and Dubai Angel Investors.
In the wake of the Corona pandemic, the education sector has been sent into a state of hyper-evolution, with edtech startups in the Middle and East and beyond enjoying a renewed focus on tech solutions in the education sector.
Currently operating in Lebanon and UAE, Snykers was founded by Zeina Sultani and Audrey Nakad, the latter of whom was listed in the 2019 Forbes 30 Under 30 list and sold her first startup in Canada when she was 18. The platform offers personalised education by allowing students to match with tutors and teachers of all kinds. School subjects and university courses take prime position on the platform, though courses on professional skills and prep tests are also offered. In taking every precaution to protect students, the startup pre-screens and background-checks each and every tutor, all of whom are required to be trained and certified. As of now, the app has onboarded over 60,000 students and 1,000 tutors.
According to the startup, the new investment will be chanelled towards growing in its existing markets, expanding across the region - particularly to KSA - and developing the tech and experience of the platform.
