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Tutoring App Synkers Raises Seed Funding
Earlier this week, Synkers announced that it had closed its first seed funding round with Phoenician Funds, following its graduation from Speed@BDD’s acceleration program in July 2016.
Founded by three Lebanese women, Zeina Sultani, Sibylle and Audrey Nakad, Synkers is a mobile application connecting students to highly qualified tutors on the spot, with the mission of enhancing students’ academic performance and preparing them for a brighter future. Synkers aims to follow the progress of students, assess their strengths and accompany them until they find a job, as well as connect their high performing tutors with top corporations looking for qualified interns.
Using the mobile application, students can search for the course they need help with, pick a tutor based on their preferences, and directly book a tutoring session on the app. In order for tutors to be qualified, they must have a grade of 85+ on the material they would like to teach, and be interviewed by the Synkers team to assure they have the required communication skills. The application makes money by taking a commission on every booked session, and also offers a money back guarantee.
Today, Synkers has 11 employees, is present in 10 universities, has over 780 verified tutors and is used by over 15000 students. The startup has won several competitions including the Hyundai Start-Up Competition, the Femme Francophone competition, and the ArabNet Startup Battle in Beirut. Synkers was also the sole Lebanese startup from a list comprising over 1,000 worldwide applicants of which 46 were shortlisted, selected by Dubai Future Accelerators to work closely with the government authorities to shape the future of education. The investment will give the startup an opportunity to leverage private tutoring quicker and scale its seamless technology across the MENA region in the coming five years.