$3 million bridge round for Egytpian Sprints to expand AI-driven edtech platform

In 2020, Ayman Bazaraa and Bassam Sharkawy wanted to address the tech talent gap in the MENA region, so, they founded Sprints.ai!

This Egypt-based AI-powered platform is aiming to prepare skilled talent for the job market through personalised learning journeys and guaranteed hiring programs. 

And they’ve just secured a $3 million bridge round!

💰 Investor Lowdown: The round was led  by Disruptech Ventures, with contributions from EdVentures and CFYE, alongside other investors. 

🤔 Why? 

By 2025, there will be over 85 million unfilled tech jobs worldwide.

With many graduates lacking the skills needed by the tech industry, unemployment rates rise, posing challenges for job seekers and employers alike.

🛠️ Break it down

Sprints.ai is seeking to bridge this gap by operating as an end-to-end platform. 

For graduates? They offer talent assessment, personalised learning journeys, and a unique job guarantee, enabling graduates to pay only upon successful hiring over 3 years.

They empower learners with skills across various tech domains, including AI, data science, mobile, web, IoT, cloud computing, and cybersecurity. 

For companies? They offer solutions to ensure a smooth hiring process. 

• 🔍 Source: Access an exceptional tech talent pool to transform businesses.
• 🤝 Hire: Acquire elite remote teams for scaling operations.
• 🚀 Upskill: Future-proof businesses by investing in employee development.

🔢 Show me the numbers

• Over 2.5 million learning hours delivered
• Collaborations with over 300 tech employers worldwide - Amazon, Microsoft and more!
• Average program rating of 4.8
• Conducted over 52,000 learning experiences

🔮 Flashforward:

Sprints.ai will use the fresh funding to expand into 10 new markets, aiming to empower over 200,000 learners with essential skills and achieve the milestone of educating more than 10 million learners within the next decade.