OTO Courses
Providing high quality, customizes, 1-to-1, 24/7 scheduling, and affordable education by training teacher to be qualified instructors through 3 platforms using engaging models, tech, and automation aiming to accelerate the growth of both students and teachers.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor investor | €0.0 | round | |
$400k | Seed | ||
| Total Funding | 000k | ||
| EUR | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Established in 2015 by co-founders Ahmed El Fadaly, Ahmed Badr, and Tarek Nour, OTO Courses is an Egyptian ed-tech company specializing in English language instruction. The firm operates as an online digital learning platform, providing a suite of general and specialized one-to-one English courses for both individual learners and corporate clients. The company's name, OTO, is an acronym for "one-to-one," which underscores its core operational focus on personalized, live tuition with an instructor.
OTO Courses has structured its business model to cater to a diverse clientele, offering courses that span Basic and General English, English Conversation, Business English, and preparation for standardized tests like IELTS and TOEFL. A key service innovation is 'DardshEnglish', a dedicated platform for booking one-on-one conversational practice sessions with native English speakers, allowing learners to improve fluency and confidence without enrolling in a full course. These 30-minute sessions are sold in bundles, providing a flexible and affordable learning option.
Financially, the company has demonstrated consistent growth, securing a seed round from HIMangel and EdVentures in late 2018, followed by a six-figure bridge funding round from AUC Angels and Changelabs in June 2020. This capital infusion was targeted at platform development and market share expansion. As of June 2020, OTO Courses had delivered over 350,000 online hours to more than 15,000 learners, supported by a roster of over 150 instructors. The company reported acquiring over 1,000 new users monthly with an average monthly Gross Merchandise Volume (GMV) growth of 16% since the beginning of 2020.
Keywords: English language training, ed-tech, one-to-one tutoring, online learning, corporate training, language instruction, test preparation, conversational English, Egyptian startup, venture capital