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Egypt’s Edtech Sprints Secures USD3 Million Fundraising

Egypt’s Edtech Sprints Secures USD3 Million Fundraising
  • Sprints.ai secures a USD 3 million bridge fundraising round with backing from EdVentures and CFYE, reinforcing its position as a leading AI-powered edtech company.
  • The platform has facilitated over 2.5 million learning hours and secured job placements with 300 tech companies worldwide since its establishment in 2020.
  • With a goal to educate one billion learners within a decade, Sprints offers agile-based learning journeys across various domains, including AI, data science, mobile development, web development, IoT, cloud computing, and cybersecurity.

Sprints.ai, an innovative AI-powered ed-tech company, revealed a USD 3 million bridge fundraising round, drawing support from key investors such as EdVentures and CFYE.

Sprints stands as the premier end-to-end platform addressing the tech talent deficit. 

It offers a comprehensive solution from talent evaluation to personalized learning paths, culminating in a high-paying job guarantee.

Since its inception in 2020, Sprints has facilitated over 2.5 million learning hours and job placements with over 300 tech companies worldwide.

With a bold ambition to educate one billion learners within a decade, Sprints provides cutting-edge, agile-based learning journeys, empowering organizations to assemble elite tech teams across various domains, including AI, data science, mobile development, web development, IoT, cloud computing, and cybersecurity.

Ayman Bazaraa, CEO of Sprints, expresses the company’s profound excitement: “Our team serves as the beating heart of our triumph. We are a dynamic force of dedicated pioneers, comprising over 100 employees and 300 trainers from 12 nations, all rallied behind a singular goal: to transform education through AI.

“This investment serves as a strong validation of our team’s relentless efforts and steadfast commitment. Today, I stand with immense pride in our collective achievements and look forward with great anticipation to the future we will shape together.”

Reflecting on the successful conclusion of the bridge round, Yehia Abouelwafa, co-founder and chief investment officer at DisrupTech Ventures, remarked, “We applaud Sprints for resolving the growth challenge with their comprehensive tech talent platform, seamlessly integrating talent assessment, recruitment, payroll, and skill enhancement to empower both companies and governments in forming exceptional teams more effectively than ever.

“We firmly support Sprints’ mission and will continue to utilize our combined 70 years of expertise to unlock the potential of regional talent, nurturing the caliber required for digital economies.”With an average program rating of 4.8, Sprints has delivered over 52,000 successful learning experiences while collaborating closely with the governments of Egypt, Saudi Arabia, the UAE, the Netherlands, Germany, and the United States, alongside key UN organizations.

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