Egyptian edtech startup, Sprint, has raised $1.2 million in a Series A round of funding led by Alexandria Angels Network with participation from MED Angels, AUC Angels, Cubit Ventures, Challenge Fund, EdVentures, Falak Startups, and Cairo Angels.
The startup uses technology to create a complete solution that supports the talent space in the education field. Sprint provides services that range from evaluating talent pools to offering a tailored learning experience, finding a higher-paying job, and promoting graduate career advancement for employees.
One other unique offering of the company is the provision of guaranteed placement programs for all graduates on its platform, with the cost of the training programs paid in monthly instalments with no interest.
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The startup was founded in 2019 by Ayman Bazraa and Bassam Sharkawy, with the purpose of connecting young adults in the Middle East and Africa region who intends to begin or enhance their careers in software and education.
Sprints’ co-founder and CEO, Ayman Bazraa, disclosed 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.
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