Ethiopia’s Gebeya raises undisclosed Series-A fund

Dorcas Oyelere
Pan-African talent marketplace, Gebeya raises undisclosed Series-A fund
Pan-African talent marketplace, Gebeya raises undisclosed Series-A fund

Gebeya Inc., a Saas-enabled, Pan-African talent marketplace dedicated to building Africa’s tech talent ecosystem, has received an undisclosed pre-series A investment to improve the company’s ongoing growth and promote expansion plans.

The funding was led by Inclusion Japan (ICJ), a Tokyo-based firm that provides VC funding for startups. Gebeya is the second African-based startup the firm will invest in, as it has previously invested in Dodai, another African-based startup in Ethiopia.

Commenting on the investment round, Yasuhiro Yoshizawa, Director and Co-Founder at ICJ, said

We are delighted to be investing in Gebeya. As a fund manager with a $100 million investment budget that will focus on the Africa region, I consider myself very fortunate to have been able to invest in Gebeya, which has the greatest potential in Sub-Saharan Africa.

Yasuhiro Yoshizawa, Director, and Co-Founder at ICJ.

The startup will use the undisclosed investment funding to develop from a single, two-sided marketplace for tech talent to a provider of marketplaces using a Marketplace-As-A-Service model.”

Read Also: Why African startups have raised more funding in 2022 than last year

About Gebeya

Pan-African talent marketplace, Gebeya raises undisclosed Series-A fund

Founded in 2016 by Amadou Daffe and Hiruy Amanuel, with headquarters in Ethiopia and offices in Kenya and Senegal, Gebeya is a VC-backed firm with a team of more than 50 committed individuals working to close the skills gap between skilled workers and African businesses.

Gebeya utilizes close connections to offer microloans, meaningful work opportunities, mentorship and coaching, upskilling, and certification to create a blooming pipeline of seasoned professionals with the proper attitude, mindset, and integrity.

Since 2020, Gebeya claims to have received $4M in seed funding. It has always thrived on solid collaborations with like-minded organizations that appreciate Africa’s potential and understand that pooling resources are key to achieving impact at scale.

Speaking on the investment partnership with ICJ and its vision goal, Amadou Daffe, the CEO and co-founder, said,

Gebeya has always thrived off of strong partnerships with like-minded firms who recognize Africa’s potential and that pooling resources is critical to achieve impact at scale.

With the help of ICJ’s strategic funding, the Pan-African talent marketplace will be able to improve both the supply and demand sides of its target markets while expanding its product lineup, particularly its Marketplace-As-A-Service.

Read Also: 5 simple HR policies that will help you attract and keep tech talents in 2023

ICJ and Gebeya collaboration plan

Inclusion Japan is a venture capital for startup companies. Its vision to create a society that allows a person to work and live in harmony aligns with the startup’s vision to provide opportunities for skilled talents, in this case, Africa.

The new collaboration between both parties will perfectly usher Gebeya into its new growth phase and help extend the startup’s ongoing focus on developing Africa’s Freelance Economy ecosystem.

This will further help the continent create talents that will become competitive in the global tech market.


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