Morocco’s on-demand temporary staffing platform Jobop has secured $1 million in a seed funding round led by Azur Innovation Fund. Other participants in the funding round include Plug and Play, and business angels.
The company will now use the funds secured to boost its product technology and also penetrate new markets with plans to expand into Egypt before the end of the year.
Adil Zghaoui and Salim El Merrassi founded Jobop in 2020. The platform matches companies with blue-collar temporary workers through its proprietary algorithm, in sectors such as hospitality, construction, logistics, and manufacturing.
The company in a statement said it has seen a growth of 80% on a quarterly basis.
It said, “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. Jobop has been simplifying and accelerating their experience of finding qualified and vetted workers”.
Commenting on the funding, Adnane Filali, General Partner at Azur Innovation Fund said, “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”.
