Egyptian ed-tech startup Sprints Secures $3 Million Fund to Support Expansion Plan
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Egyptian ed-tech startup Sprints, specializing in AI-driven educational technology, has secured a $3 million bridge fundraising round. The funding round was spearheaded by Disruptech Ventures, with EdVentures, CFYE, and other investors participating in the funding.
According to Sprints, the recently secured funds will support its expansion plans, enabling the company to enter ten new markets. Additionally, the investment will fuel Sprints’ scale and growth, aiming to provide over 200,000 learners with essential skills required for success in the tech industry.
Founded in 2020 by Ayman Bazaraa and Bassam Sharkawy Sprints provides services such as talent assessment, tailored learning journeys, and job offers. It claims to be the first edtech startup in the Middle East and Africa to provide solutions, with over 100 employees and 300 trainers from 12 countries.
Since its inception, the startup has facilitated over 2.5 million learning hours and helped over 300 tech professionals worldwide in finding employment.
Sprints provide an agile-based learning program designed to help organizations build tech teams proficient in AI, data science, mobile, web, IoT, cloud computing, and cybersecurity. With a goal to educate one billion learners within a decade, Sprints aims to make a significant impact in the tech education space.
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