OTO Courses, a digital platform that offers general and specialized English language courses for individuals or businesses has raised six-figure funding in their Bridge round, led by AUC Angels and ChangeLabs.
• OTO Courses aims to bridge the gap between traditional education and what the labor market really needs, by providing available and affordable quality education to anyone, anywhere, and anytime.
• The company has acquired more than 1,000 new users monthly and realized an average monthly GMV Growth of 16% since January 2020.
• OTO Courses intends to utilize the newly raised funds to further develop its online platform as well as grab more of the market share left wide open after most educational centers in Egypt have shut down.
ChangeLabs founder Karim Samra said, “The company addresses a massive gap in the marketplace, is led by an empathetic and brilliant management team, and has built a differentiated leading-edge technology platform that clearly sets it apart. We’re excited to continue supporting the company in the next phase of its exponential growth.” 
Read the full press release below.
Cairo-based digital one-to-one English education platform OTO Courses has secured a 6-figure investment closing a bridge round led by AUC Angels and ChangeLabs. The startup has unveiled its latest digital learning product “DardshEnglish.com” to respond to the COVID-19 pandemic. The company has acquired more than 1,000 new users monthly and realized an average monthly GMV Growth of 16% since January 2020.
OTO Courses is a digital platform that offers general and specialized English language courses for individuals or businesses. OTO stands for 1-to-1 and that is how personal the courses are. Courses offered are General English, Advanced Conversation, Business English & Test Preparation, as well as conversational English practice sessions. English teachers are carefully selected and trained to deliver the promised quality the students expect. OTO Courses aims to bridge the gap between traditional education and what the labor market really needs, by providing available and affordable quality education to anyone, anywhere, and anytime.
The startup intends to utilize the newly raised funds to further develop its online platform as well as grab more of the market share left wide open after most educational centers in Egypt have shut down.
“The Power of one-on-one teaching, when it comes to languages, is something that OTO understood early on and has capitalized on. There is no one-size-fits-all when it comes to language teaching, and that is why we strongly believe in OTO’s future growth”, said Khaled Ismail, chairman of HIMangel which invested in OTO at an early stage.
Changelabs founder Karim Samra commented on the company saying, “OTO is a perfect example of the kind of innovative thinking and strong leadership Changelabs is looking for in the Egyptian and broader regional startup scene. The company addresses a massive gap in the marketplace, is led by an empathetic and brilliant management team, and has built a differentiated leading-edge technology platform that clearly sets it apart. We’re excited to continue supporting the company in the next phase of its exponential growth”
OTO Courses has delivered more than 350,000 Online hours so far, with more than 150 instructors on board. More than 15,000 learners have been developed. With its proprietary advanced in-house built system, OTO is further trying to push costs down as well as make its products more affordable for students. OTO Courses also targets B2B clients, with success stories with more than 15 major regional companies.
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2019 was a productive year for EdTech in MENA, as the industry witnessed more deals (29) and total funding ($20M) than any previous year. Access more data and trends in our new 2019 MENA Education Venture Investment Report.