Sprints, a Cairo-based EdTech startup, raised $1.2 million in a SEED round led by Alexandria Angels Network, with other investors including AUC Angels, Cubit Ventures, Challenge Fund, EdVentures, Falak Startups, and Cairo Angels.
Sprints is an end-to-end solution for bridging the tech talent gap, co-founded by Ayman Bazaraa and Bassam Sharkawy in 2019.
From identifying talent pools to offering a tailored learning path, ensuring a high-paying job, and assisting alumni with their professional development.
In MEA, Sprints has guaranteed to-hire programs.
Graduates only pay in 0% interest payments over three years if they get hired.
“While technology has revolutionized most businesses, it has yet to revolutionize education.” Most startups did not look much different before COVID-19 than they did in earlier decades. EdTech businesses now promise scalable, cost-effective, flexible, and personalized learning. Sprints is a standout example of a startup that is paving the way for the region’s future education and job creation, and we at Alex Angels are proud to be leading the round alongside renowned investors from AUC Angels and Cairo Angels, with participation from Cubit Ventures, EDVentures, and Falak Startups,” said Tarek Elkady, Founder & Chairman of Alex Angels & The Mediterranean Angel Investors.
Sprints use a comprehensive learning method to deliver its programs, allowing students to meet role-played customers, gather design requirements, and create software products on a weekly basis.
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