Noon

Private

RiyadhConsumer & Commercehttps://www.noonacademy.com/

Last Round

Series B

Nov 2, 2023

Total Funding Raised

$62.6M

Company Overview

Noon Academy is an edtech company that provides a social learning platform for students to prepare for examinations through interactive group-based learning and AI-enhanced tutoring.

Sector

Consumer & Commerce

Verticals

Content Creation, Social Media, Subscription Commerce

Business Model

B2C

Customer Profile

Freemium, Marketplace Commission

AI Layer

Application

Keywords

edtechsocial learning platformlive tutoringonline study groupsgamified learningtest prepremote educationfreemium educationK-12 learningadaptive learningdigital classroompeer-to-peer learningvirtual tutoringMENA edtechhomework help

Historical Pricing

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Noon Comps

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Noon comps — public and private peers by sector, stage, and business model
Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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Noon Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
Series B	Nov 2, 2023
Series A Extension	Jun 21, 2020
Series A	Jun 27, 2019

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Noon Investors

Notable investors and investment history

Noon investors
Investor	Rounds
Wa'ed Ventures	Series B
NFX	Series A Extension
500 Global	Series B
Saudi Venture Capital Company	Series B, Series A
Wa'ed Ventures	Series B
Nahlat Alarab	Series B
Raed Ventures	Series B, Series A

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Noon Filings

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Data table
Typed	Date	Amount Offered	Amount Sold	Filling	Pages	Download
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Noon Filings

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Firmographic Details

HeadquartersRiyadh

Year Founded2013

Last FundingNov 2, 2023

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