QiDZ, A Mobile App Built By And For Parents Nets Funding To Improve Its Tech
Dubai-based infotainment mobile app for kids, QiDZ nets an undisclosed amount of funding to improve its technological infrastructure.
QiDZ, a one-stop-shop for kids-related fun, entertainment, and education in UAE has roped an undisclosed amount of funding. The investment was made by Cairo Angels Syndicate Fund (CASF) launched by Cairo Angels. Preferring to fund post-seed and pre-series A startups in the Middle East and Africa.
Headquartered in Dubai QiDZ is a mobile app built by parents for parents. It brings all family-related and kids activities of all ages in one place allowing them to discover educational and fun activities. In addition to giving details on restaurants deals and booking facilities online.
Left: QiDZ mobile app.Right CEO Simona Agolini. Image Credits: Write Caliber
The startup was founded in 2017 by now CEO Simona Agolini and COO Claudia Ribas with the motive to facilitate families in accessing quality entertainment. Simona talking about her excitement in terms of this latest investment said
-“ We are excited that with this investment we will be able to continue expanding our offering and reach and empower more parents to make the right choices for their families.”-
Furthermore, Simona believes that it is essential for every family to have the opportunity to access relevant fun activities.
-“As parents ourselves, we know how important it is to find relevant entertainment activities for our families that are customized to our needs.”-
It is no doubt that QiDZ like other EdTech apps can play important role in the development phases of kids. Moreover, with the list of advantages like accessibility and efficiency EdTech platforms have become popular. Plus stats also indicate that with the inculcation of AI in the EdTech, the edtech mobile app and platforms will witness expedited growth.
Thus, making the industry worth USD 605.40 billion by 2027, growing at a CAGR of 15.52% during the forecast period. This is also the reason that investors are opening up their wallets to EdTech platforms. As recently EdTech Brightcamp raised $51M, and Tomorrows Education with its metaverse campus €3.4M funding.
QiDZ was initially launched in UAE but is now focused on regional expansion, and has entered the Saudi market. However, the startup will be using this fund for its expansion into new markets to improve its tech infrastructure, and hire new talent.