Sprints.ai Secures $3 Million Bridge Round
Sprints will use the money to expand into 10 new markets.
Egypt-based edtech Sprints.ai has closed a $3 million bridge fundraising round. The investment was led by EdVentures and CFYE, alongside other contributors.[1]
Founded in 2020 by Ayman Bazaraa and Bassam Sharkawy, Sprints introduces guaranteed hiring programs, where graduates only reimburse fees upon securing employment over a three-year period.
Since its inception, Sprints has facilitated over 2.5 million learning hours and job placements with over 300 tech firms worldwide.
Sprints delivers agile-based learning experiences tailored to empower organizations to cultivate elite tech teams across various domains, such as AI, data science, mobile development, web development, IoT, cloud computing, and cybersecurity.
With a program rating averaging 4.8, Sprints has orchestrated over 52,000 successful learning journeys. Collaborating closely with governmental bodies in Egypt, Saudi Arabia, the UAE, the Netherlands, Germany, and the US, as well as UN entities, Sprints has spearheaded nationwide initiatives focused on tech talent development and employment.
The latest infusion of funds fortifies Sprint's growth trajectory, enabling the company to expand its footprint into ten new markets.