Sprints, an edtech company, has raised $1.2 million in a Series A round of funding. The funding round was led by the Alexandria Angels Network with co-members from MED Angels and other investors like AUC Angels, Cubit Ventures, Challenge Fund, EdVentures, Falak Startups, and Cairo Angels.
Sprints are a technology talent assistance startup that offers a complete solution to close the talent space in the field, from evaluating talent pools to offering a tailored learning experience, finding a higher-paying job, and promoting graduate career advancement.
The company also provides guaranteed placement programs for all graduates, with the cost of the training programs paid in monthly installments with no interest.
Sprints, founded in 2019 by Ayman Bazraa and Bassam Sharkawy, aims to connect young adults in the Middle East and Africa who intends to begin or enhance their careers in software.
Sprints’ co-founder and CEO, Ayman Bazraa, stated that the company has effectively given 20,000 learning sessions in the last two years.
By boosting abilities and employing one million young people, the firm hopes to revolutionize the technological sector.
Techbuild’s Take
Technology is evolving at a breakneck pace, with no indications of slowing down. Any industry, including education, has been revolutionized as a result of it.
EdTech (Education Technology) is a term that refers to the combination of innovative learning methodologies and digital technology. As a result, it heralds a new age in education.
Aside from a wide range of engaging and accessible study and learning alternatives, EdTech is beginning to show its versatility in terms of how it can assist young adults to succeed in the workplace and develop their abilities.
Edtech platforms assist students in determining which job alternatives are best suited to their talents, interests, and ambitions. Some emphasize the courses, coaching, and professional development platforms that are able to assist them in pursuing their chosen career path.
They also assist in the development of new and innovative methods for students to find, apply for, and acquire work experience, internships, and job placements.
Furthermore, ed-tech makes it easier for young adults to get an education by making payment easier so that students may finance the school of their choosing without taking out a large student loan.
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