Corrsy : Iraq-focussed EdTech start-up raises $500k

Corrsy : Iraq-focussed EdTech start-up raises $500k

Corrsy , an EdTech startup with Finnish and Iraqi roots, has successfully raised $500,000 in a pre-seed funding round. Consequently, this investment will help Corrsy revolutionize education across the SWANA (South West Asia and North Africa) region with innovative learning solutions.

Strategic Investment

The funding round, led by EQIQ, a venture capital firm founded by Mohamed Al-Hakim, included several notable investors. For instance, Finnish EdTech angel Risto Vahanen, SuperChargers Ventures EdTech accelerator, Durubi Management Holding Company, Jordanian angel Adel Qahwaji, and Finnish investor Pekka Hermonen all participated. Their support highlights global confidence in Corrsy’s mission.

Visionary Leadership

Mustafa Salam founded Corrsy in 2019 to tackle educational challenges in Iraq and the SWANA region. Inspired by his personal experiences during the Iraq conflict, including losing his father and facing displacement, he aims to use technology to make a positive impact on education and society.

Innovative Solutions

Since its inception, Corrsy has made significant progress. In 2022, they launched the Corrsy app, which integrates gamification, storytelling, and micro-learning. As a result, over 500,000 students in Iraq have downloaded the app, making education more engaging and accessible.

Future Aspirations

With the new funding, Corrsy plans to expand its market presence and improve the app. According to Mustafa Salam, Founder and CEO, “We are thrilled to have support from investors worldwide. This funding will help us capture the largest market share in Iraq and expand to other markets. Ultimately, our goal is to provide high-quality education to anyone with a mobile device and internet connection, helping them learn for life and enjoy the process.”

Conclusion

In conclusion, Corrsy is poised to make a significant impact on education in the SWANA region. With strategic investments and a visionary approach, the startup aims to transform learning experiences and provide accessible education to countless students. Therefore, stay tuned for more updates as Corrsy continues its journey to innovate and inspire