Monday, June 17, 2024
HomeFunding Egypt-Based Bluworks Secured $1 Million in Pre-Seed Funding

[Funding Alert] Egypt-Based Bluworks Secured $1 Million in Pre-Seed Funding

Bluworks, an Egyptian business that specializes in blue-collar HRTech SaaS solutions has raised $1 million in pre-seed funding Acasia Ventures, Camel Ventures, and a group of angel investors continued the investment round.

Bluworks, an Egyptian business that specializes in blue-collar HRTech SaaS solutions has raised $1 million in pre-seed funding Acasia Ventures, Camel Ventures, and a group of angel investors continued the investment round.

Established in 2022 by Farah Osman, Hussein Wahdan, and Nour Ahmadein, bluworks is the sole HRTech SaaS platform in the area committed to overseeing the lifecycle of workers in blue-collar fields like retail, food and beverage, facility management, healthcare, education, and construction.

Read also – Egypt-Based Waffarha Raises Seven-figure Seed Round Funding

To help businesses optimize costs and use data for decision-making, this ultimately entails automating a variety of HR and operational operations. For businesses that hire blue-collar workers, bluworks provides an integrated platform that bridges the gap by unifying and collecting data points.

There are more than 50 million blue-collar workers in the Middle East and Africa. Currently, multiple departments across firms use various manual and automated techniques to collect performance and attendance metrics regarding employed blue-collar workers. Due to the dynamic and ever-changing nature of blue-collar work environments, corporations find even seemingly simple tasks, like payroll computation, to be exceedingly challenging and intricate.

Read also – Indonesia-Based PathGen Secured Undisclosed Funding

Thousands of blue-collar workers are being managed by bluworks on its platform, which is utilized by tens of companies like Crave, Qahwa, and Cilantro. With intentions to diversify into other industries like manufacturing, construction, and facility management, the company is currently concentrating on the retail and food and beverage sectors.

With the ultimate goal of becoming the top choice for businesses looking to optimize the management of blue-collar workers in the area and in need of a process to vet, hire, train, place, and manage their workforce, bluworks intends to use the funding round to build and enhance its product as well as grow its team.

About Bluworks

For front-line and blue-collar workers, bluworks is an all-in-one HR solution designed with mobility first. This technology helps businesses streamline scheduling, payroll, recognition, and other processes across geographically dispersed teams and locations. It is advantageous to both employers and employees.

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