Classera
An e-learning platform for schools, universities and ministries: classes, assignments, exams and virtual classrooms
Classera is an e-learning platform founded by Mohammad Almadani and Mohammad Alashmawi in 2011. It is based operationally in Jeddah, and it raised $40 million in its first round in 2022, led by Sanabil.
What does Classera do?
Classera was founded in 2011 and offers a learning management system for schools, universities and education ministries, covering classes, assignments, exams and virtual classrooms. It later expanded into resource planning and corporate training systems. It operated for about 11 years without outside funding, then raised $40 million in 2022. Its operational base is in Jeddah, and its parent company, Classera Inc., is registered in the United States. Its valuation has not been disclosed.
Products
A learning management system for schools, universities and ministries covering classes, assignments, exams and virtual classrooms
A resource planning system for educational institutions, expanded after the acquisition of Expert Solutions for IT in 2024
Key features
- Classes, assignments and exams on one platform
- Virtual classrooms
- A resource planning system for schools
- A platform for corporate and government training
- Contracts with education ministries in several countries
- Sanabil Investments, wholly owned by the Public Investment Fund, led the only disclosed Series A round, taking an undisclosed minority stake
- Its operational base is in Jeddah, and its parent company, Classera Inc., is registered in the United States
- The company says on its website that it was founded in 2012, while press coverage gives 2011
The documentary
11 years without a single investor, then a first round: $40 million.
Follow the channel so you don’t miss itFunding rounds
| Round | Date | Amount | Lead | Investors | Source |
|---|---|---|---|---|---|
| Series A | October 2022 | $40M | Sanabil Investments | Sanabil Investments, Global Ventures, Endeavor Catalyst, 500 Global, Sukna Ventures, Seedra Ventures | Source |
Key investors
Founders
Common questions about Classera
Who founded Classera?
It was founded by Mohammad Almadani and Mohammad Alashmawi in 2011.
How much funding has Classera raised?
$40 million in a Series A round in 2022, led by Sanabil Investments. It was its first outside round, after about 11 years.
Where is Classera based?
Its operational base is in Jeddah, and the parent company is registered in the United States.
How many countries does Classera operate in?
The company says it is present in more than 40 countries.