Kenyan startup, Pariti, announced that it has secured $2.85 million in a seed round led by Harlem Capital. Other investors in the round included Better Ventures, Accelerated Ventures, Diverse Angels, AVG Basecamp and New General Market Partners.
Pariti provides a community marketplace building infrastructure for entrepreneurship. It empowers businesses with tools and expertise and providing expert freelancers with a platform to develop their careers. It also helps businesses in underserved markets overcome the hurdles of accessing capital, hiring talent, and expanding beyond their borders by connecting them with handpicked experts on the platform that will not only advise but do the work to achieve their goals.
Founded in 2019 by Yacob Berhane and Wossen Ayele, Pariti is said to have grown 795% and attributed this growth to the pandemic and how the African tech ecosystem has hit an inflection point, minting half a dozen unicorns within this period.
Pariti has over 880 companies across 42 countries on its platform, up from 500 early this year
“We’re thrilled to be working with Harlem Capital,” co-founder and CEO Yacob Berhane said of Harlem’s participation. “Their focus on data, process and supporting underserved ecosystems aligns perfectly with our mission and makes them an amazing partner for us to build with.”
Pariti says the seed funding will be used to build SaaS workflows to aggregate multiple forms of raising capital, from traditional equity and debt to DeFi solutions.
The company also intends to beef up its talent marketplace, create a bespoke solution for investors looking to invest and support founders, hire talent, build bigger communities and expand into new markets.
