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Sprints.ai raised $3 million in a bridge funding round led by Disruptech Ventures to expand into 10 new markets and scale its growth trajectory.

Mar 26, 2024over 1 year ago

Amount Raised

$3 Million

Round Type

seed

MaadiLanguage LearningE LearningArtificial IntelligenceEducation

Investors

CfyeEd VenturesDisruptech Ventures

Description

Sprints.ai, an AI-focused edtech startup, successfully closed a $3 million bridge fundraising round led by Disruptech Ventures, with EdVentures, CFYE, and other investors participating. The raised funds will support the expansion into 10 new markets and the scaling of growth trajectory, as well as the provision of in-demand skills to over 200,000 learners.

Company Information

Company

Sprints.ai

Location

Maadi, Cairo, Egypt

About

Sprints.ai is an Egypt-based edtech startup founded in 2020, providing AI-focused education and talent assessment services. It aims to expand its reach to 10 new markets and offers tailored learning journeys and job offers.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers