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Home Funding

Pariti, a Kenyan community marketplace, has received $2.85 million in seed funding

Tech Gist Africa by Tech Gist Africa
12/08/2021
in Funding, News - East Africa, Venture Capital
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Pariti, a community marketplace that builds entrepreneurship infrastructure in Africa, has raised $2.85 million in seed capital.

Harlem Capital led the investment, with Better Ventures, Accelerated Ventures, Diverse Angels, AVG Basecamp, and New General Market Partners also participating.

Pariti, founded in 2019 by Yacob Berhane and Wossen Ayele, provides organizations with tools and experience, as well as a platform for expert freelancers to advance their careers.

It connects businesses in underserved markets with handpicked professionals on its platform who would not only advise them but also collaborate with them to achieve their objectives.

“We’re happy to be collaborating with Harlem Capital,” stated Yacob Berhane, co-founder, and CEO.

Their focus on data, procedure, and aiding underrepresented ecosystems completely matches with our objective, making them an excellent partner with whom we can collaborate.”

Pariti now has over 880 enterprises on its platform, spread across 42 countries, up from 500 earlier this year.

The company also intends to improve its talent marketplace and develop a custom solution for investors wishing to invest in and support founders, employ talent, grow into other areas, and build larger communities.

The seed financing will be used to develop SaaS workflows that aggregate several types of obtaining capital, including traditional stock and debt as well as DeFi solutions.

 

Read more on Tech Gist Africa:

MYDAWA, a Kenyan healthtech startup, has received a $1.2 million grant from the Gates Foundation

Shamba Pride, a Kenyan agri-tech startup, has raised $1.1 million in funding

OfferZen, a South African tech talent marketplace, has raised $5.1 million in a Series A funding round

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Tech Gist Africa

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Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

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