Morocco-based Jodop has raised a $1 million Seed round, led by Azur Innovation Fund, with participation from Plug and Play, and business angels. The round was closed back in April this year.
Founded in 2020 by Adil Zghaoui and Salim El Merrassi, Jodop deploys AI technologies to match temporary workers to prospective employers.
With the newly acquired capital, the startup will be able to improve its product technology and expand to new markets, with plans to launch in Egypt by the end of this year.
Morocco-based on demand temporary staffing platform Jobop has raised $1M in a Seed round led by Azur Innovation Fund, with participation from Plug and Play, and business angels.
Jobop was launched early 2021 and it matches companies with blue collar temporary workers through its proprietary algorithm, in sectors such as hospitality, construction, logistics, and manufacturing.
The company says that it has seen a growth of over 80% on a quarterly basis. It said in a statement, “We’ve seen a phenomenal market response since our launch in 2021.
The economic uncertainty surrounding Covid has forced a lot of companies to turn to temporary workers and Jobop has been simplifying and accelerating their experience of finding qualified and vetted workers”.
The funds will be used to further improve its tech product and expand to new countries, with a launch in Egypt planned before the end of this year. Adnane Filali, General Partner at Azur Innovation Fund concluded, “We are thrilled to invest in Jobop and support them in their ambition of becoming the leading temp staffing company in Africa. Not only are they building a robust business but will also be having an important social impact by providing jobs to thousands of Africans”.