Sprints.ai, an Egyptian AI-powered education technology company (edtech), has closed a $3 million bridge funding round. This round was led by Disruptech Ventures, with participation from EdVentures, CFYE, and other investors.
Funding Objectives:
- ed-techMarket Expansion: The fresh capital will propel Sprints’ expansion plans into ten new markets.
- Growth and Scale: The funding will also be directed towards accelerating Sprints’ growth trajectory.
- Skilling the Workforce: Sprints aims to equip over 200,000 learners with in-demand tech skills to excel in the job market.
About Sprints.ai
Clientele: Governments across Egypt, Saudi Arabia, UAE, Netherlands, Germany, USA, and some UN organizations (for tech talent development initiatives).
Founded: 2020 (by Ayman Bazaraa and Bassam Sharkawy)
Services: Talent assessment, personalized learning journeys, and job placement assistance.
Self-proclaimed Status: First edtech company in MENA to offer such solutions.
Team Strength: Over 100 employees and 300 trainers across 12 countries.
Track Record: Delivered over 2.5 million learning hours and helped over 300 tech professionals secure jobs globally.
Learning Programs: Agile-based programs focused on developing tech talent in AI, data science, mobile development, web development, IoT, cloud computing, and cybersecurity.
Long-Term Goal: Educate one billion learners within ten years.
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