Jem raises $8.4m to expand AI-powered platform
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6 Articles
South Africa's Jem Raises USD 8.4 M Series A To Expand Workforce Platform
South African workforce management startup Jem has raised USD 8.4 M in Series A funding led by Quona Capital, with participation from University Technology Fund, E4E, Next176/FutureGrowth, and angel investors including former Old Mutual CEO Iain Williamson. Founded in 2020 by Simon Ellis and Caroline van der Merwe as SmartWage and rebranded as Jem in 2022, the South Africa-based company provides workforce management and financial services to fro…
SA's Jem Raises R136M To boost AI On WhatsApp-Based Work Platform
South Africa-based workforce management platform Jem has raised $8.4 million (approximately R136 million) in a Series A funding round led by global fintech investor Quona Capital. The investment will accelerate Jem’s evolution from an HR and benefits provider into a comprehensive AI-native workforce management ecosystem, specifically designed for the realities of frontline and deskless workers across Africa. Quona led the round, with participati…
Jem secures $8,4m Series A to scale workforce management
Jem, the WhatsApp-based workforce management platform for deskless teams, has raised an $8,4-million Series A funding round led by global fintech investor Quona Capital. The investment will support Jem’s ongoing growth from an HR and benefits provider into a comprehensive AI-native workforce management platform, further enhancing its offering for frontline workers across Africa. Quona led Jem’s $8,4-million Series A fundraise, alongside particip…
Jem HR Closes $8.4M Series A To Scale Deskless Workforce Platform Across Africa
There are roughly 2.3 billion deskless workers in the global economy, and most of the world’s HR software was not built for any of them. South African startup Jem is trying to fix that and on Monday, it announced the capital to do it at scale. Jem HR has raised $8.4 million in a Series A round led by Quona Capital, one of the most respected fintech investors in emerging markets, with participation from the University Technology Fund, E4E, Next17…
South Africa's HR startup Jem raises $8.4M Series A
South African workforce management startup Jem has raised $8.4m in a Series A round to grow its WhatsApp-based platform. The raise brings the company’s total disclosed funding to about $13.7m. Quona Capital led the round. University Technology Fund, E4E, Next176/FutureGrowth and angel investors, including former Old Mutual chief executive Iain Williamson, also took part. Jem was founded in 2020 as SmartWage and rebranded in 2022. It is led by co…
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