Jahazii Secures $400,000 Pre-Seed Funding to Revolutionize Africa’s Informal Workforce
Kenyan fintech startup Jahazii has secured $400,000 in pre-seed funding, a significant step towards formalizing the informal workforce across Africa. This innovative company, established in 2023 by Sven Grospitsch, Vaidehi Tembhekar, and Martin Gitehi, aims to create a more equitable and efficient work environment for millions of Africans who currently lack access to formal employment structures and financial services. Jahazii’s primary goal is to address the challenges faced by workers in the informal sector, offering them a comprehensive “workforce operating system for Africa.”
Transforming the Landscape of African Employment
Jahazii’s solution focuses on providing a technological framework that integrates HR management, payroll processing, and financial tools. This software is specifically tailored to meet the needs of employers with large numbers of workers, especially those in sectors like manufacturing and agriculture, prevalent in Kenya. The $400,000 pre-seed investment comes from a variety of investors, including Antler East Africa, DEG Impulse, Jozi Angels, and Innovest Afrika. This capital injection will fuel Jahazii’s expansion and further development of its platform, facilitating its mission to offer better financial accessibility and improve working conditions for the informal workforce.
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