Sep 21, 2024, 11:13 PM
Sep 21, 2024, 11:13 PM

Mohamed Elbarkey secures Qatar investment for Tutor Easily growth

Highlights
  • Mohamed Elbarkey has secured significant venture capital investment from a leading investment bank in Qatar.
  • The funding will enhance the technical capabilities of Tutor Easily and Launch Tuition, allowing for new features and improved market exposure.
  • This investment is a crucial milestone for both companies, enabling them to drive innovation and expand their global reach.
Story

Mohamed Elbarkey, the CEO of Tutor Easily and Launch Tuition, has successfully secured significant venture capital investment from a prominent investment bank in Qatar as of September 22, 2024. This funding is aimed at enhancing the technical capabilities of both companies, introducing new features, and increasing their market presence. Elbarkey's vision is to transform the tutoring landscape by providing essential tools for teachers in the UK and the US, enabling them to establish their own tutoring businesses. Since 2023, Elbarkey has been dedicated to equipping educators with the necessary resources to thrive in the tutoring industry. His client base includes notable figures like Yevi Goldberg, an English tutor who is actively helping Ukrainian students improve their English skills. The financial challenges faced by teachers in both countries, exacerbated by low salaries compared to other professions, have led many to seek additional income through tutoring. The recent investment marks a pivotal moment for both Tutor Easily and Launch Tuition, allowing them to innovate and expand their global reach. Elbarkey believes that this strategic partnership will significantly enhance the educational services offered by his companies, ultimately benefiting both tutors and students. The funding is a testament to the success of his vision and the potential for sustained growth in the educational technology sector. As the educational landscape continues to evolve, Elbarkey's initiatives aim to address the pressing needs of teachers and students alike, ensuring that Tutor Easily and Launch Tuition remain at the forefront of the industry. This investment will not only support the companies' growth but also contribute to improving the overall quality of tutoring services available.

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