Cairo – Mubasher: Sprints.ai, the AI-powered edtech, has raised $3 million from a bridge fundraising round led by EdVentures and CFYE, among other investors.
The fundraising transaction boosts Sprints' growth objectives as it doubles down on its impact on the tech talent landscape by venturing into 10 new markets, according to a press release.
The expansion of Sprints will position MEA as a regional talent hub, as they plan to equip over 200,000 learners with the skills and knowledge required to flourish amid the tech workforce challenges.
Co-founded by Ayman Bazaraa and Bassam Sharkawy, Sprints is the first end-to-end platform to bridge the tech talent gap, spanning talent assessment, customised learning journeys, and more.
It delivered more than 2.5 million learning hours and secured graduate employment through over 300 tech employers across the globe.
Ayman Bazaraa, CEO of Sprints, commented: " This investment is a resounding validation of the team’s tireless efforts and unwavering dedication. Today, I stand proud of what we have collectively accomplished and am brimming with anticipation for the future we will pave together."
Yehia Abouelwafa, Co-Founder and Chief Investment Officer at DisrupTech Ventures, stated: “We are firm believers in Sprints’ mission, and will continue leveraging our 70 years of combined know-how to unleash the potential of regional talent to develop the necessary caliber for digital economies.”
Meanwhile, the platform works with the governments of Egypt, Saudi Arabia, the UAE, the Netherlands, Germany, and the US, alongside key UN organisations to deploy nationwide initiatives focusing on tech talent development and employment.
