Pakistan-based ed-tech startup Valeem, a trailblazer in the online education marketplace, has raised a pre-seed round of funding from a US-based angel investor at a valuation of seven figures, announced yesterday without disclosing the exact size of the deal.
This seed funding is a ray of hope that local startups are still there to make a difference and investor confidence is still high. Amidst economic turmoil and uncertainty, Valeem adds to the list of successful startups being able to make a mark based on exciting ideas.
The startup has established a presence in the ed-tech space, exploring the untapped potential, and creating export-based opportunities within the education arena.
This seed will help accelerate Valeem’s online expansion and make the platform more user-friendly for teachers, students, and parents, creating a seamless learning experience and enabling better grades and academics for the current generation.
Founded in late 2018 by Shoaib Jamil, Ali Rehan, and M. Ghayas Uddin, Valeem is an academic marketplace that enables students, parents, and teachers to come together and avail quality education services globally.
Valeem, since its launch, has prioritized expanding its service to cater to the vast learning needs of today’s generation. The website features 800+ live courses from over 500 instructors.
The startup, on its website, claims to have a 91% retention rate. With so many offerings, being able to retain its students is a commendable achievement.
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