Albert Group: From Humble Beginnings to a Leading European EdTech Company

It all began when childhood friends Arta Mandegari and Salman Eskandari were students at Chalmers University of Technology in Gothenburg, Sweden. They volunteered their evenings and weekends to provide free math tutoring to children from Gothenburg's suburbs. After graduation, they chose different career paths in management and finance. In 2015/16, they decided to pick up where they left off at Chalmers. They quit their jobs and gambled everything to create what would become Albert.

Since then, over hundreds of thousands of families and millions of children around the world have used Albert to reach higher levels of knowledge and achieve their full potential.

Today, Albert Group is a leading European EdTech company with a presence in approximately 10 countries and six strong local brands. Albert Group generates over SEK 200 million in revenue, of which approximately half comes from the school market (B2B) and the remaining half from the consumer market (B2C). The group has approximately 140 employees who work together towards the vision of providing every child with a learning experience that suits them. What started with mathematics is on its way to becoming a comprehensive and curriculum-aligned platform with over ten subjects for digital and individualized study support both at home and in school.

Since October 2021, Albert Group has been listed on Nasdaq First North Growth Market.