• Saudi Arabia-based self-development platform Thatek, has raised a SAR 2.2 million ($532,000) Seed round through local crowdfunding platform, Emkan Alarabiya.
• Founded in 2020 by Mamdouh Falih, the startup provides self and professional development coaching services for individuals and companies.
• The company will use the newly acquired funds to launch a new product on leadership skills in the coming few months.

Source: Waya

Thatek, a self-development platform, raised two million Saudi riyals which accounts for almost $532k through the Emkan Alarabiya crowdfunding platform, in a Seed investment round.

The company plans to launch a new product to measure leadership skills in the coming months, targeting employees of companies, institutions, and individuals wishing to build their leadership skills.

“The product will enable the customer to conduct a comprehensive measure of leadership skills, display the result of his test immediately, and will accurately determine the level of his leadership skills to obtain specialized educational content. As well as obtaining a special development plan fit with his personality, and the possibility of measuring his level of improvement after the, and all this will be done within the application automatically, without any human intervention,” Mamdouh Faleh, CEO of Thatek, said.