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Home Venture Capital

Morocco temp hiring e-platform raises US$1M seed

TechGist Africa by TechGist Africa
July 4, 2022
in Africa, Morocco, Venture Capital
Reading Time: 2 mins read
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Jobop, a Moroccan startup with an on-demand platform for temporary hiring, has closed a US$1 million seed round of funding to expand its “Workforce-as-a-Service” market.

Plug and Play Ventures, business angels, and Azur Innovation Fund all contributed to the seed round.

Also read: Spain, Morocco reopen land borders

Jobop, which launched in early 2021, uses its own technology to link businesses with blue-collar temporary labor in industries like hospitality, construction, logistics, and manufacturing.

With a YoY gain in the funding of over 3000 percent and the signature of 4 more deals than Q1’22, the Enterprise Software sector in Saudi Arabia has displayed the most encouraging indicators this year.

“We are happy to support Jobop in their goal of dominating the African temporary employment market by investing in them. In addition to developing a strong business, they will also have a significant humanitarian impact by giving thousands of Africans jobs, according to Adnane Filali, the general partner at Azur Innovation Fund.

Also read: Nigeria to send farmers for capacity building in Morocco and Israel

“We are happy to invest in Jobop and help them in their mission to become the foremost temp staffing firm in Africa,” said Adnane Filali, General Partner at Azur Innovation Fund. In addition to developing a strong business, they will also have a significant social impact by giving thousands of Africans jobs.

Jobop intends to utilize the money to strengthen its tech product and expand into new countries, with a debut in Egypt anticipated by the end of this year.

Related

Source: TechGist Africa
Tags: Adnane FilaliAzur Innovation FundBusiness AngelsconstructionJoboplogisticsMoroccan startupMoroccoMorocco temp hiring e-platform raises US$1M seedPlug and Play VenturesSaudi Arabiaseed roundWorkforce-as-a-ServiceМароккоالمغربモロッコ摩洛哥
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TechGist Africa

TechGist Africa

Tech Gist Africa is a leading online technology and digital media outlet, dedicated to providing latest tech news, product launch, startup news across.

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