Jobop, Moroccan On-Demand Jobs Platform Secures $1m Seed Round
A $1 million seed round of funding has been secured by the Moroccan company Jobop, an on-demand platform for temporary labor, in order to expand its “Workforce-as-a-Service” market.
Jobop, which debuted in early 2021, uses its own technology to link businesses with blue-collar temporary labor in industries like hospitality, construction, logistics, and manufacturing.
In a seed round headed by Azur Innovation Fund and including Plug and Play Ventures, business angels, and the company, which has witnessed the growth of over 80% on a quarterly basis, the company has now revealed that it has raised US$1 million. In April of this year, the round was finished.
With a launch in Egypt anticipated for this year’s end, Jobop will utilize the funding to expand to new countries and further improve its tech product.
“We are happy to support Jobop in their goal of dominating the African temporary employment market by investing in them. Adnane Filali, general partner at Azur Innovation Fund, stated that in addition to creating a strong business, they will also have a significant humanitarian impact by giving thousands of Africans jobs.
