YNMO, a Saudi Arabia-based education and rehabilitative technology platform for children, including those with disabilities, has raised $5 million in funding.
Investors
The funding round was led by Wa’ed Ventures, with participation from Qatar Development Bank (QDB) and Nour Nouf Ventures.
Wa’ed Ventures is a $500 million venture capital firm owned by Aramco, focused on driving economic diversification in Saudi Arabia by investing in high-growth tech startups across multiple sectors. Established in 2013 and based in Dhahran, it manages a portfolio of 70+ startups, offering funding and resource support.
YNMO Use of Funds
The investment will enable YNMO to expand its services, introduce new features, and strengthen partnerships with institutions across the Gulf region.
About YNMO
Founded in 2017 by Dr. Fahad Al-Nemary, Dr. Abdullah Murad, and Dr. Faisal Al-Nemary, YNMO provides an integrated platform for organizing services for children with disabilities and their families. The platform allows specialists to develop advanced rehabilitation and educational programs based on best practices, supported by AI technology. It also enables parents to access support and consultations through a large network of specialists in behavioral therapy, speech and language therapy, and psychological therapy.
Funding Details
Company: YNMO
Raised: $5.0M
Round: Unknown
Funding Month: December 2024
Lead Investor: Wa’ed Ventures
Additional Investors: Qatar Development Bank (QDB), Nour Nouf Ventures
Company Website: https://ynmodata.com/
Software Category: Educational
Source: https://www.wamda.com/2024/12/waed-ventures-leads-ynmo-5-million-investment-round