Egyptian Edtech Startup Sprints Secures $1.2 million in Series A Round
The Alexandria Angels Network, along with members of MED Angels and AUC Angels, Cubit Ventures, Challenge Fund, EdVentures, Falak Startups, and Cairo Angels, led a $1.2 million Series A fundraising round for Egypt-based edtech Sprints.
“The organization has successfully given 20,000 learning sessions in the last two years.” Sprints’ co-founder and CEO, Ayman Bazraa, stated, “The company aspires to revolutionize the technology sector by raising skills and employing one million young people.”
Sprints is a technological talent support organization that provides a complete solution to fill the talent gap in the field, from assessing talent pools to offering a customized learning experience, locating a higher-paying job, and assisting graduate career advancement.
The organization also offers all graduates guaranteed placement programs, with the cost of the training programs paid in monthly installments with no interest.
Ayman Bazraa and Bassam Sharkawy created Sprints in 2019 with the goal of connecting young adults in the Middle East and Africa who want to start or advance their careers in software.
Sprints believes there is a better way to approach education and close the market’s skills gap. The firm intends to unlock the potential of 1 million curious learners by developing the necessary skills for the AI age.
Artificial Intelligence (AI) is on the verge of displacing millions of people from their jobs. While this enormous threat looms, our current educational institutions are woefully inadequate.
Because millions of students graduate each year without meeting market requirements, employers waste time looking for, filtering, interviewing, re-educating newcomers, and upskilling employees.
Sprints is the first end-to-end solution to close the talent gap in the tech industry. Starting with talent assessment, delivering a customized learning journey, ensuring a high-paying job, and finally supporting alumni career advancement.
