Jem HR, a South African technology startup providing human resources and employee benefits services via WhatsApp, has raised $3.3 million in a pre-Series A funding round. The funding comprises equity and debt and will be used to develop and expand the company’s platform.
Simon Ellis, co-founder and CEO of Jem HR, said, “This funding is a pivotal step in enabling us to achieve our dual mission: to make managing and connecting frontline employees effortless while providing them with money-saving financial benefits.”
“The new funding will allow us to expand beyond Southern Africa, grow our team, and enhance our all-in-one platform to tackle HR, communication, and employee benefit challenges at scale,” Ellis added.
Tramayne Monaghan, chief venture officer at Next176, expressed enthusiasm for Jem HR’s potential. “We invest in businesses that deliver sustainable, disruptive growth, and Jem is a prime example,” he said. “Simon, Caroline, and the entire Jem team have built a platform that is not only transformative for businesses but also deeply impactful for employees. We are excited to support their bold vision as they scale their innovative solutions across Africa and beyond.”
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