GoMyCode: The Tunisian Edtech Startup that Trained over 30,000 Learners in Just Five Years

Yahya Bouhlel, co-founder and chief executive officer (CEO) of GoMyCode

In the vast and ever-evolving world of digital education, a singular name emerges as a beacon of inspiration and transformation: GoMyCode. Within the brief span of five years, this remarkable Tunisian edtech startup has set forth an awe-inspiring trajectory, ushering in a new era of learning and innovation. With its pioneering vision and unwavering dedication, GoMyCode has not merely empowered over 30,000 learners across nine countries and forty cities, but it has also solidified its position as a distinguished trailblazer in the realm of technological education.

From Modest Inception to Global Embrace:

The tale of GoMyCode commenced humbly in 2018, fueled by dreams of making a difference and a modest presence in just three locations: LAC1, Sousse, and Sfax. Yet, driven by an ardent passion for technology and an unwavering vision, the founders swiftly grasped the magnitude of their potential to create a sweeping impact. In 2019, they secured an exceptional seed funding of $800,000, a testament to the belief and trust vested in their noble mission by investors.

Yahya Bouhlel, co-founder and chief executive officer (CEO) of GoMyCode
Yahya Bouhlel, co-founder and chief executive officer (CEO) of GoMyCode

Subsequently, GoMyCode transcended borders and embarked on an international voyage, spanning eight countries and traversing continents. From Algeria to Lebanon, Senegal to Egypt, and beyond, the startup’s influence reverberated globally, garnering admiration from students, professionals, and entrepreneurs alike.

A Landmark Achievement:

The year 2022 marked a defining moment in GoMyCode’s expedition, as the startup remarkably raised a staggering $8 million in a Series A funding round. This substantial influx of capital catapulted GoMyCode to new heights, enabling the establishment of 30 additional training spaces, thereby nurturing the thirst for knowledge among more eager minds.

read also Tunisia’s GOMYCODE Raises $8M To Grow In Africa And The Middle East.

Yet, GoMyCode’s journey did not culminate there. In 2023, it fearlessly ventured into uncharted territories, planting its first branches in Kenya and Jordan. The world took notice, and the startup’s influence continued to surge, establishing a new paradigm for digital education on a global scale.

A Flourishing Community of Innovators:

Beyond its learning platform lies GoMyCode’s captivating allure — the vibrant community it has cultivated. An oasis for tech enthusiasts and creators, the startup has fostered an ecosystem where diverse minds converge, igniting sparks of innovation, fostering collaboration, and propelling one another to boundless heights.

As this community thrived, so did the profound impact on individual lives. Students who once embarked on their journeys with GoMyCode emerged transformed, armed with cutting-edge skills and the confidence to conquer the ever-evolving digital landscape.

A Vision for Lifelong Learning:

The cornerstone of GoMyCode’s triumph lies in its steadfast commitment to making technology education inclusive and accessible to all, transcending age and background barriers. Through cutting-edge training programs in web development, artificial intelligence, entrepreneurship, and more, the startup has opened doors to new opportunities, democratizing learning for eager minds worldwide.

Looking Forward:

As GoMyCode commemorates its fifth anniversary, co-founder Yahiya Bouhlel reflects upon the journey with profound pride: “We proudly celebrate our 5th anniversary at GoMyCode, and I am honored to witness how our vision has manifested into reality over the past five years. Our belief is that flexible training experiences will play an increasingly pivotal role in the global education market.”

read also Egyptian Fintech Cayesh Lands Funding from Visa at Seamless North Africa

The future beckons with boundless promise for GoMyCode. With a special focus on Africa’s burgeoning young population, the startup aspires to expand to 100 training spaces, accommodating up to 80,000 students annually. GoMyCode stands poised to spearhead the transformation of education, empowering generations to flourish in the digital age.

Charles Rapulu Udoh

Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert. 
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard

Tunisia’s GOMYCODE Raises $8M To Grow In Africa And The Middle East.

Yahya Bouhlel, co-founder and chief executive officer (CEO) of GoMyCode

GOMYCODE, a Tunisian edtech startup, has announced the completion of a $8 million Series A financing. It’s the continent’s largest round at this point (save for Andela, which isn’t considered an edtech). The early-growth round was co-led by AfricInvest, through its Cathay AfricInvest Innovation Fund (CAIF), and Proparco, a French-based development finance firm.

GOMYCODE’s total funding now stands at $8.85 million. In October 2020, it raised $850,000 in startup funding. Wamda Capital, one of its seed round investors, doubled down on this fresh round of funding.

Yahya Bouhlel, co-founder and chief executive officer (CEO) of GoMyCode
Yahya Bouhlel, co-founder and chief executive officer (CEO) of GoMyCode

The startup expects the Series A money to help it expand into 12 countries, including South Africa, Kenya, Ghana, and Saudi Arabia. It also intends to expand its footprint in existing countries, including Egypt and Nigeria.

Read also : Santam Acquires Insurtech Start-Up JaSure

Why The Investors Invested

Since its inception, the firm has gained significant traction. The edtech platform grew from 100 students in its first year to over 4,000 active students now. About 55% of its students are from Tunisia, with the remainder coming from the other seven nations. With this new financing, GOMYCODE plans to reach 100,000 students and develop 50 locations across Africa and the Middle East within the next two years. According to the company, approximately 1,000 students enroll in one of its 30 courses each month.

On why it invested, Khaled Ben Jilani, senior partner at lead investor AfricInvest, believes the African edtech industry is unexplored and that solutions like GOMYCODE “will have a huge positive impact on everyone in the tech and education ecosystem.”

A Look At What The Startup Does

Yahya Bouhlel founded GOMYCODE in 2017 and it now offers over 30 study courses spanning from web programming to digital marketing, data science to artificial intelligence. Students must spend half of their time learning online and the other half at one of GOMYCODE’s network of 20 physical facilities. According to Bouhlel, the company has over 500 local teachers in each location who teach pupils in over 12 languages.

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“We’re addressing a demand that almost no other company is capturing at our scale,” said the chief executive. “Local traditional training centers offer outdated content and methodology, and international online players struggle to enroll African students due to their lack of understanding of local markets and unaffordable price points. We have a blended education model, we teach in twelve local languages, and we’re positioning ourselves as a regional leader.”

Students on the platform participate in two sorts of programs. One component is made up of skill-based introductory classes that can last up to three months and cost an average of $250. The other segment includes 5-month career-driven studies that cost an average of $750.

GOMYCODE claims to work with a variety of universities to put its pupils. It claims that its job-placement program has successfully placed 80 percent of its students. It also works with corporate clients who use a study now, pay later model for their staff. This model accounts for only 10% of GOMYCODE’s revenue (the company’s overall revenue has increased three times per year since its founding).

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“There are a lot of impact and mass market players. We are targeting a wide range of students. So our courses are not just for graduates or professionals, or people from a specific social class,” he said. “GOMYCODE programs target mass markets, and our blended model makes us accessible and affordable, which you don’t see a lot.”

GOMYCODE is also present in Bahrain, Morocco, Egypt, Algeria, Ivory Coast, Senegal, and Nigeria, in addition to Tunisia.

Charles Rapulu Udoh

Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert. 
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard. You can book a session and speak with him using the link: https://insightsbyexperts.com/view_expert/charles-rapulu-udoh

GoMyCode, Tunisian Ed-Tech Startup Expands Across Africa

Yahya Bouhlel, co-founder and chief executive officer (CEO) of GoMyCode

One of Africa’s most innovative ed-tech startups based in Tunisia, GoMyCode, has launched a very ambitious expansion project aimed at setting up shops in many other African countries.  As part of this plan, GoMyCode has launched operations in Algeria, Morocco, Nigeria, Ivory Coast and Egypt, as well as Bahrain and France, as it expands in the wake of a funding round secured last year.

Yahya Bouhlel, co-founder and chief executive officer (CEO) of GoMyCode
Yahya Bouhlel, co-founder and chief executive officer (CEO) of GoMyCode

GoMyCode started life as a coding school in 2017, but now offers different types of training programmes for technology and digital jobs. The startup uses a blended model comprising offline and online learning to offer training in web and app development, artificial intelligence, data science, user experience, video game development, and business intelligence.

Read also:Why South African Businesses Adopted Hybrid Cloud at Increasing Rate In 2020

After opening its doors for the first time in a co-working space, GoMyCode opened its first hackerspace in Tunis before expanding to Sousse, Sfax, Nabeul, El Menzah V, Beja, Gafsa and Gabes. So far, it has trained more than 10,000 students and set up associations with 100 partners among private and public organisations, colleges and non-administrative associations.

Late last year it raised a US$850,000 pre-Series A round from Wamda Capital, Meninx Holding, Anava Seed Fund, and Jasminum Capital, and it is now expanding to Algeria, France, Morocco, Egypt, Bahrain, Nigeria and Ivory Coast.

“We’ve tirelessly worked to ensure that the African youth can take advantage of our innovative and revolutionary learning model. Our hackerspaces are up and running in Lagos, Cairo, Manama, Algiers, Casablanca and Abidjan. We’re on a mission to provide everyone, from ages seven to 60, the opportunity to acquire the digital skills and tools to succeed in a rapidly changing digital world. We strive towards expanding throughout the whole African continent and the Middle East, and offering each individual our one-of-a-kind learning model. It’s a model that consists of on-site, guided learning, coupled with our online experience which is absolutely gamified and engaging,” said Yahya Bouhlel, co-founder and chief executive officer (CEO) of GoMyCode.

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry

Barely 4 Years Old, Tunisian Edtech Startup, GoMyCode, Officially Launches In Senegal, Its 8th Market

Tunisian ed-tech startup, GoMyCode, which recently opened its doors in Paris (France), Algiers (Algeria), Casablanca (Morocco), Cairo (Egypt), Manama (Bahrain), Lagos (Nigeria) and Abidjan (Ivory Coast) has officially settled in Dakar, Senegal, its eight international market. 

Yahya Boulel, CEO of GoMyCode
Yahya Boulel, CEO of GoMyCode

“After many trips and more than 3 years spent in Tunisia, I had the opportunity to move to Senegal,” says Vincent Leconte, country manager of the startup in Senegal.

“Consequently, I joined GoMyCode in its expansion phase to build the new digital training hub in Dakar. This tremendous opportunity allows me to leave the aeronautics industry where I had my first degree, to return with an over-motivated team and a solid structure for the training of the professions of tomorrow. Thanks to a new unique training model, much more adapted and efficient than the passive learning of the 20th century, GoMyCode can offer an opening and an accessibility to the international world of tech to a youth eager for success in one of the most promising countries in West Africa.” 

Here Is What You Need To Know

  • Last October, GoMyCode announced the raising of $ 850,000 to continue its expansion.
  • In addition to Tunis, Sousse and Sfax, its new Hackerspaces have opened in Algiers (Algeria), Casablanca (Morocco), Manama (Bahrain), Lagos (Nigeria), Cairo (Egypt), Abidjan (Côte d’Ivoire) and now Dakar. 
  • It’s new Hackerspaces have also opened in Tunisia (ElMenzah V, Nabeul, Gafsa, Gabès, Béja and Tunis center-ville).
  • GoMyCode also aims to develop its presence in the African and Middle Eastern market, where 42% of professions are strongly impacted by digitization and where 65% of the workforce does not have the necessary digital skills.
  • By 2030, the report on financing for businesses and startups in Africa (African Venture & Startup Funding Report 2018) estimates that the number of young people in Africa will increase by 42%. 
  • This will represent a real breeding ground for young talents, most of whom are not yet familiar with digital developments. 
  • This market concerns 1.2 billion people, 700 million of whom are under 25 years old.
  • In the near future, the startup will be present in around fifteen countries in Africa and the Middle East.

“We continue to deliver on our vision of high-level digital education with a unique learning experience that leaves lasting traces and has a positive impact on people’s lives. We will invest heavily in our technology, our team and strengthen our operations,” says Yahya Boulel, CEO of GoMyCode.

Why Senegal?

Located in the westernmost part of Africa, Senegal is one of the most stable today. Having recorded one of the strongest economic growth in Africa, still exceeding 6% between 2014 and 2018, the country is now positioned as one of the largest technological and financial hubs in West Africa.

Read also:Moroccan Edtech Startup Kezakoo Raises $221k Funding

“42% of current professions will be impacted by this massive digitization,” says Leconte. “This economic positioning attracts young people and offers significant potential in the training and education sector.

 In addition, when we know that there are more than 400,000 open positions in Africa in digital professions, that nearly 42% of current professions will be impacted by this massive digitization, and that 61% of the Senegalese population is less than 25 years old, there is therefore no better challenge than launching GoMyCode to make the African youth shine in the digital world of tomorrow.”

A Look At What The Startup Does

Launched in 2017 by Yahya and Amine Bouhlel, GoMyCode wants to be the school of the 21st century providing training in web development, web development, video game development, Artificial Intelligence, Data science, UX Design, or even Business Intelligence intended for everyone despite thier age.

Read also:Why South African Businesses Adopted Hybrid Cloud at Increasing Rate In 2020

The startup now has more than 80 talents with varied profiles among its employees and a network of more than 100 trainers through the Hackerspaces of Tunisia, Algeria, Morocco, Bahrain, Egypt, Nigeria, Ivory Coast and now Senegal.

GoMyCode aims to become the largest technology and digital community in Africa and the Middle East. 

Over the past 3 years, more than 10,000 students have been trained by GoMyCode. 

With over 100 employment partners in Europe, Africa and the Arab world, over 85% of the startup’s students have been able to find employment.

GoMyCode Senegal GoMyCode Senegal

Charles Rapulu Udoh

Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions.
He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.
He is also an award-winning writer

The Uncommon Strategy Used By Edtech Startup, GoMyCode, To Expand To Foreign Countries From Tunisia

Yahya Bouhlel, co-founder and chief executive officer (CEO) of GoMyCode

To expand to foreign countries as a startup in Tunisia, you have to pass through the eye of a needle. Don’t be confused, the country’s Startup Act is a deal-breaker; it offers a range of uncommon incentives to startups: a monetary grant, which could allow startup founders and all those who are shareholders in a labelled startup to cover their living expenses for one year; an incentive on the cost of patent registration whether in Tunisia or in other offshore countries; a good fail strategy which entitles startups to pull funds from the Tunisian Startups Guarantee Fund if they experience financial turbulence, among others

Yahya Bouhlel, GoMyCode’s co-founder.
Yahya Bouhlel, GoMyCode’s co-founder.

But the Startup Act does not give one thing, at least in practice. In Tunisia, transactions in currencies other than the country’s dinar are generally disallowed by the country’s central bank (BCT). In fact, credit and debit cards cannot be used for purchases on foreign commercial internet sites and most Tunisian banks only allow account holders to use bank-affiliated credit and debit cards to make domestic online purchases denominated in dinars. 

Read also:212Founders Program Launches For Startups In Morocco

Now, although the Startup Act, by its terms, currently allows startups to open a special foreign currency account which they can freely fund with contributions of capital, turnover and dividends in foreign currency, it is easier for a camel to pass through the eye of a needle than for a startup to be approved to have access to a foreign currency account. 

“Going international for a Tunisian [startup] is almost impossible,” says Yahya Bouhlel, GoMyCode’s co-founder. “To settle elsewhere, you need currencies. The startup label gives us the right to a foreign currency account, but to have them, you have to go through the BCT and wait for months.”

How Did GoMyCode Circumvent This?

To beat this system, the Tunisian edtech startup that teaches coding skills to learners and which is now present in Nigeria, Algeria, Morocco, Egypt, Senegal, Bahrain and Cote d’ivoire had to do one thing: first headquarter abroad, and not in Tunisia. 

It therefore, strategically chose to set up its headquarters in The Netherlands where everything is digitized and investors are not afraid to finance startups. 

Read also:How Egypt’s Fintech Raised $18.5m in One Fell Swoop

However, the choice of The Netherlands was particularly informed by the fact that the country is welcoming to international business owners and does not discriminate against businesses with a foreign headquarters. Consequently, foreign companies are allowed to own 100% of the stock of (most) Dutch companies. This fact is important because sometimes, it is impossible to own shares (by law) in companies based internationally if you are not resident in any of the countries of choice.

But perhaps, the single most significant point here, that still enabled GoMyCode to retain its Tunisian nationality (or pride itself as a Tunisian startup), is that the Tunisian Companies Law allows entrepreneurs to set up branches of their foreign companies in Tunisia, provided that the branch must appoint at least one director of any nationality during the registration process with the Tunisia Trade Registry in order to conduct any commercial activity in the North African country. 

Having done that, GoMyCode proceeded to raise funds abroad, from Dubai, United Kingdom and France, where investors could invest in euros, and not just dinar. 

“The business model of the startup requires strong responsiveness from the administration and speed in everything related to paperwork and authorizations. To our great misfortune, this is not the case. We suddenly realize that our officials are not imbued with the startup philosophy. For a Tunisian company to set up in Egypt, Morocco or Nigeria, you have to go through 4 ministries and a multitude of administrations, and the same in the host countries,” Bouhlel says. 

If GoMyCode had not pushed beyond its limits despite the tough regulatory turf, it would have been worse off for it. 

Today, the startup’s first $850k fundraiser has enabled it to acquire a space in Tunis, Tunisia’s Capital, and to open branches in Algiers (Algeria), Casablanca (Morocco), Lagos (Nigeria), Dakar (Senegal), Abidjan (Cote d’ivoire), Cairo (Egypt) and Manama (Bahrain). It also currently employs 85 full-time people and 150 part-time trainers. Its growth rate is 4 to 5 times higher from one year to the next, and Yahya Bouhlel aims to open 100 spaces to train 50,000 students per year in 15 countries. (It is looking to raise another funding round for interested investors.) 

Labelled startups in Tunisia at a glance

Read also: What Difference Have Startup Acts Made In African Countries Where They Exist?

GoMyCode Is Not Alone; There Are Other Tunisian Startups

Joining GoMyCode in lamenting about the difficulties in internationalization as a Tunisian startup is a fellow country firm Next Gen, which got funded barely two months ago by MAXULA Gestion, manager of the startup fund STARTUP MAXULA SEED FUND.

“The startup label does not allow us to convert our national currency; we had to generate money in foreign currency. So we managed to find a currency fund and we found it in the Sultanate of Oman,” said Moez Lachneb, CEO of NextGen.

But it looked like a miracle for NextGen. It got a US$100,000 grant from the Oman Technology Fund (OTF), an investment fund specializing in supporting innovative national and international startups. Using the grant, the startup opened a foreign currency account, and then from there launched into the neighboring Morocco. It is also planning to open its second branch in Muscat in the Sultanate of Oman soon. 

foreign startup expand Tunisia foreign startup expand Tunisia

Charles Rapulu Udoh

Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions.
He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.
He is also an award-winning writer

Three Months After Raising $850k, Tunisian Edtech Startup Gomycode Expands To Morocco

After station F in Paris and Algeria, Tunisian edtech startup GoMyCode is setting up in Casablanca through a new Hackerspace in the Kingdom, with the aim of expanding the Gomycode community throughout the MENA region and in Africa. This presence in Morocco comes as part of the startup’s expansion process towards Africa, thanks to a fundraising of 850,000 dollars, in pre-series A, with a view to continuing its geographic expansion and strengthening its technological education platform.

Yahya Bouhlel, CEO of Gomycode
Yahya Bouhlel, CEO of Gomycode

 “We have the same challenges in Tunisia and Morocco. There is a real skills gap between what companies ask for and what universities offer as talents and professions. Both countries also have high youth unemployment rates. We are therefore working to reduce this gap through our education model to train for the professions of tomorrow, “says Yahya Bouhlel, CEO of Gomycode.

Here Is What You Need To Know

  • The startup won the BIAT Bloom Masters competition in 2017 and was selected by the World Economic Forum as one of the 100 most innovative startups in the Arab world.
  • Gomycode ultimately wishes to develop its presence in the African and Middle Eastern market, where 42% of businesses are strongly impacted by digitization and where 65% of the workforce does not yet have the necessary skills in this area. 
  • By 2030, the African Venture & Startup Funding Report 2018 estimates that the number of young people in Africa will increase by 42%. This will represent a market of young talents, for the majority unfamiliar with the digital evolution. In total, this market is made of 1.2 billion people, including 700 million under 25 years old.

Read also: Protests Against New Phone Tax In Congo DRC Get Underway

A Look At What GoMyCode Does

Launched in 2017 by Yahya and Amine Bouhlel, GoMyCode wants to be the school of the 21st century providing training in web development, web development, video game development, Artificial Intelligence, Data science, UX Design, or even Business Intelligence intended for all. Generally, the GoMyCode educational platform gives students and teachers digital tools for training, content creation, skills management, technical assessment and training, independently on a wide range of skills, thus offering great flexibility to its students.

In addition to Tunis, Sousse and Sfax, GoMyCode has internationalized by opening its doors in Algiers and Paris, inside the prestigious Station F.

The startup also plans to launch its new hackerspaces in Egypt and Nigeria soon. 

“We launched this business 3 years ago with an incredible team, and on a very fulfilling, difficult and unpredictable journey. We have built a business, trained more than 5,000 students, opened more than 4 sites, recruited a team of 62 full-time employees, built an educational platform and have and have had a strong impact on people’s lives,’’ co-founder Yahya Boulel said.

The startup also secured support from USAID in the launching launch the program, “Reskill, Upskill,” an initiative intended to fight unemployment in Tunisia. The program seeks to help 2,000 young graduates actively seeking employment to benefit from a 4-month training course guaranteeing their professional integration into innovation professions.

“We continue day after day to develop our training offers by adapting to market demand, particularly to our network of partner companies. This matching between the training provided at GoMyCode and the demand on the employment market is very important for us, because beyond training, we really aimed to have a positive impact in the fight against unemployment by preparing as well as possible, young people — like the not so young — generations for the jobs of tomorrow, “concluded the CEO of GoMyCode, Yahya Boulel.

Charles Rapulu Udoh

Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions.
He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.
He is also an award-winning writer

Tunisian Edtech Startup GoMyCode Secures $850k In Pre-series A Funding Round

GoMyCode, a Tunisian edtech startup has secured $850k in pre-series A funding round, with a view to continuing its geographic expansion but also to strengthen its platform.

“As we move forward, we continue to execute on our vision of providing a high-end digital education with a unique learning experience that leaves a positive impact on our students. We are investing significantly in our technology, our team and will subsequently strengthen our operations, ” Amine Bouhlel, Co-founder and COO of GoMyCode said.

Amine Bouhlel, Co-founder and COO of GoMyCode
Amine Bouhlel, Co-founder and COO of GoMyCode

Here Is What You Need To Know

  • The investment came from Wamda Capital, who is investing for the first time in Tunisia, alongside Jasminium Capital, Meninx Holding and Anava Seed Fund, with Dali Kilani, Bechir Tourki and Houssem Aoudi as business angels.
  • With the new funding, GoMyCode will continue to build its vision of significantly impacting people’s lives by providing them with quality digital education.
  • GomyCode also wishes, in the long term, to launch its presence on the African and Middle Eastern markets, where 42% of businesses are strongly impacted by digitization and where 65% of workforce does not yet have the requisite skills. 

Why The Investors Invested

Wamda Capital is the Middle East and North Africa region’s leading venture capital firm investing in exceptional entrepreneurs. The VC has made has made 67 investments, with their most recent investment being on Sep 21, 2020, when penny software raised $1.4M. This is the first investment the Saudi Arabia-based VC will be making in a Tunisian startup. The VC has also had 2 exits, the most notable exits including Careem and littleBits Electronics.

“At Wamda Capital, we invest in transformational businesses and create meaningful partnerships with entrepreneurs. Our experience in launching and growing MENA businesses, together with a community of experts and mentors at the Wamda Platform, mean our entrepreneur partners are uniquely placed to realize their vision,” the startup noted on its website. 

On the other hand, Jasminium Capital is a venture capital fund focused exclusively on Tunisian startups. 

GoMyCode funding

The Tunisian startup ecosystem has been on the rise with the passage of the Startup Act in 2018.

Read also: Nigerian Bus-hailing Startup Plentywaka Joins Innoson Vehicle To Explore Nigeria’s South East

A Look At What GoMyCode Does

Launched in 2017 by Yahya and Amine Bouhlel, GoMyCode wants to be the school of the 21st century providing training in web development, web development, video game development, Artificial Intelligence, Data science, UX Design, or even Business Intelligence intended for all. Generally, the GoMyCode educational platform gives students and teachers digital tools for training, content creation, skills management, technical assessment and training, independently on a wide range of skills, thus offering great flexibility to its students.

In addition to Tunis, Sousse and Sfax, GoMyCode is internationalizing by opening its doors in Algiers and Paris, inside the prestigious Station F. 

New Hackerspaces will also soon see the light of day in Tunisia with the upcoming opening of ‘a new space in downtown Tunisia, but also in Egypt, Nigeria and Morocco.’ 

By 2030, the African Venture & Startup Funding Report 2018 estimates that the number of young people in Africa will increase by 42%. This will represent a market of young talents, for the majority unfamiliar with the digital evolution. In total, this market is made of 1.2 billion people, including 700 million under 25 years old.

“We launched this business 3 years ago with an incredible team, and on a very fulfilling, difficult and unpredictable journey. We have built a business, trained more than 5,000 students, opened more than 4 sites, recruited a team of 62 full-time employees, built an educational platform and have and have had a strong impact on people’s lives,’’ co-founder Yahya Boulel said.  

The startup also secured support from USAID in the launching launch the program, “Reskill, Upskill,” an initiative intended to fight unemployment in Tunisia. The program seeks to help 2,000 young graduates actively seeking employment to benefit from a 4-month training course guaranteeing their professional integration into innovation professions.

“We continue day after day to develop our training offers by adapting to market demand, particularly to our network of partner companies. This matching between the training provided at GoMyCode and the demand on the employment market is very important for us, because beyond training, we really aimed to have a positive impact in the fight against unemployment by preparing as well as possible, young people — like the not so young — generations for the jobs of tomorrow, “concluded the CEO of GoMyCode, Yahya Boulel.

Charles Rapulu Udoh

Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions.
He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.
He is also an award-winning writer