Sprints secures $3mn in bridge round

Cairo- Sharikat Mubasher: Egyptian edtech platform Sprints secured $3 million in a bridge funding round led by Disruptech Ventures, with investments from EdVentures and CFYE, among other investors, a recent statement revealed.

This round will accelerate Sprints’ strategy to double its impact on the tech talent landscape by venturing into 10 new markets.

Sprints’ expansion plans also include providing over 200,000 learners with the skills and knowledge they need to thrive and face future tech-workforce challenges.

Ayman Bazaraa, CEO of Sprints, said that the round is a testament to the tireless efforts and unwavering dedication of Sprints’ team to revolutionize education through artificial intelligence (AI).

For his part, Yehia Abouelwafa, Co-founder and Chief Investment Officer of DisrupTech Ventures, commented: “We are proud of Sprints for decoding the growth dilemma with their all-in-one tech talent platform, which seamlessly integrates talent assessment, hiring, payroll, and upskilling to empower companies and governments alike to build world-class teams more efficiently than ever.”

The AI-powered platform has delivered more than 2.5 million learning hours and secured graduate employment through over 300 tech employers across the globe since its launch in 2020.

Its mission includes educating 1 billion learners in 10 years, providing world-class, agile-based learning journeys that empower organizations to build top-notch tech teams in all tracks, notably: AI, data science, mobile, web, IoT, cloud computing, and cybersecurity. 

Contribution Time: 27-Mar-2024 09:21 (GMT)
Last Update Time: 27-Mar-2024 09:21 (GMT)