Egypt-based edtech Sprints has raised $1.2 million in a Series A funding round led by the Alexandria Angels Network as well as members of MED Angels and AUC Angels, Cubit Ventures, Challenge Fund, EdVentures, Falak Startups, and Cairo Angels.
Sprints is a talent support company in the technology sector, providing a comprehensive solution to bridge the gap in the field, from assessing talent pools, offering a customized learning journey, securing a higher paying job, and supporting graduate career growth.
The startup also offers guaranteed placement programmes that benefit all graduates, and the value of the training programs is paid in instalments without interest.
Founded in 2019 by Ayman Bazraa and Bassam Sharkawy, Sprints targets young adults in the 18-35 age group who want to start or advance their career in software in the Middle East and Africa region.
Speaking on the company’s achievements in the past few years, Ayman Bazraa, co-founder and CEO of Sprints, said, “Over the past two years, the company has successfully delivered 20,000 learning experiences. The company aims to revolutionise the technology sector by raising skills and employing one million young people.”